Careem Pay Introduces Instant Transfers to Europe and Business Payments to India

Careem Pay Introduces Instant Transfers to Europe and Business Payments to India

Dubai, UAE — Careem Pay, the digital wallet and fintech platform within the Careem Everything App, has expanded its international remittance service, now enabling UAE residents to transfer money to Spain, Italy, France, Ireland, and Germany. This latest expansion adds five new European countries to Careem Pay’s growing list of remittance corridors, with further European […]

Bitcoin Edges Closer to $90,000 After Hitting Yet Another High

Bitcoin Edges Closer to $90,000 After Hitting Yet Another High

Bitcoin surged to a new all-time high of $89,640 early Tuesday, edging closer to the highly anticipated $90,000 mark as investors ramp up bets on Donald Trump’s return to the White House after his decisive victory in last week’s U.S. presidential election. The cryptocurrency market has rallied strongly, with Bitcoin gaining approximately $8,600—an 11% increase—in […]

Talabat launches IPO, Targets Growth opportunities in current Middle East markets

Talabat launches IPO, Targets Growth opportunities in current Middle East markets

DUBAI – Talabat, the MENA region’s leading food and grocery delivery platform operated by Delivery Hero (DHER.DE), has launched an initial public offering (IPO) with plans to focus on strong growth across its existing markets, according to CEO Tomaso Rodriguez. Rather than pursuing new territories like Saudi Arabia, Talabat intends to expand its offerings within […]

UnifyApps Raises $20M Series A to Deliver AI Agents Across the Enterprise

UnifyApps Raises $20M Series A to Deliver AI Agents Across the Enterprise

NEW YORK—October 10, 2024—UnifyApps, the Unified Enterprise AI Agent platform, has announced the successful closing of a $20 million Series A funding round led by ICONIQ Growth, with continued support from existing investor Elevation Capital. The funding round also brings ICONIQ Growth General Partner Matt Jacobson onto UnifyApps’ board of directors. With this latest investment, […]

Bitcoin Breaks $81,000 as Trump election turbocharges Cryptocurrencies

Bitcoin Breaks $81,000 as Trump election turbocharges Cryptocurrencies

Singapore – Bitcoin reached a record high above $81,000 on Monday amid a growing belief that cryptocurrencies could thrive under a favorable regulatory environment in the United States following Donald Trump’s recent election as President, along with the success of pro-crypto candidates in Congress. The world’s largest and most popular cryptocurrency has more than doubled […]

Lean Technologies Secures $67.5M in Series B Funding Led by General Catalyst

Lean Technologies Secures $67.5M in Series B Funding Led by General Catalyst, Solidifying Its Position as a Leading Fintech Infrastructure Platform in the Middle East – Fintech News UAE

RIYADH – November 11th, 2024 – Lean Technologies, a Riyadh-based fintech infrastructure platform, has secured $67.5 million in Series B funding led by General Catalyst, a renowned Silicon Valley-based venture capital group. The round also saw participation from Bain Capital Ventures, Stanley Druckenmiller’s Duquesne Family Office, and Arbor Ventures, among others. This brings Lean’s total funding to […]

Bitcoin Reaches Historic High Above $80,000 Amid Speculation

Bitcoin Reaches Historic High Above $80,000 Amid Speculation Over Trump’s Return to White House

London – Bitcoin surged to a new all-time high on Sunday, topping $80,000 as traders speculated that Donald Trump’s potential return to the White House could boost the digital currency’s prospects. The cryptocurrency’s rapid climb reflects investor confidence in the former president’s pro-crypto stance, with many expecting his policies to foster growth in the sector. The […]

Thunes Partners with Ecobank

Thunes Partners with Ecobank to Enhance Financial Access and Cross-Border Payments Across Africa

November 7, 2024 – In a strategic move to drive financial inclusion and streamline cross-border payment solutions across the African continent, Thunes has announced a partnership with Ecobank, a leading pan-African financial institution. This collaboration aims to build secure, efficient digital payment pathways for millions of individuals and businesses throughout Africa, connecting them with global […]

du Partners with Microsoft

du Partners with Microsoft to Boost SME Productivity in the UAE

Dubai, UAE — du, a leading telecom and digital services provider in the UAE, has announced the launch of “Ultimate Plans,” an innovative suite of digital solutions developed to enhance productivity, bolster digital presence, and strengthen security for small and medium-sized enterprises (SMEs). This new offering, in collaboration with Microsoft, integrates advanced productivity and security […]