Central and Eastern Europe ~ Last week, Dusan Duffek, Managing Director of Zero One Hundred, a VC fund with offices in Slovakia, Czechia, Cyprus and the UAE, signed a Memorandum of Understanding (MoU) with Investopia, the UAE investment platform chaired by H.E. Abdullah Bin Touq Al Marri, the UAE Minister of Economy. The agreement seeks to strengthen […]
Bahrain, December 4, 2024 – Crypto.com has secured a principal licence with Mastercard, enabling the company to directly issue cards on Mastercard’s network. Crypto.com will launch a card in Bahrain powered by Mastercard. The new programme will leverage Mastercard’s trusted, scalable and secure payments network to enable Crypto.com customers to use their card at over 150 […]
Dubai, UAE – Playgama, a game-tech startup based in the UAE, has raised $3 million in a funding round led by The Open Platform and s16vc, with participation from FJ Labs, The Games Fund, TON Ventures, and Kirill Eves, CEO and Founder of Unlimit. This funding will support Playgama’s mission to empower HTML5 game developers […]
Doha, Qatar – December 3, 2024: Doha Bank, one of Qatar’s leading financial institutions, has announced a groundbreaking partnership with Mastercard to introduce Mastercard Move, making it the first bank in the country to launch this innovative payment solution. This strategic collaboration underscores Doha Bank’s commitment to digital banking excellence, delivering seamless, secure, and efficient […]
China has witnessed a transformative leap in payment systems with the launch of Weixin Palm Payment, a cutting-edge hand-scanning technology developed by Tencent. This innovative solution simplifies daily transactions, allowing commuters to access subways and employees to enter office buildings with a quick palm scan. Introduced in May 2023 and officially launched in September, the […]
Through this partnership, MyFatoorah will deploy state-of-the-art payment solutions to enhance the customer experience for its 75,000+ merchants in the region. Dubai, UAE: MyFatoorah, a leading payments platform and the only payment service provider (PSP) licensed in all GCC countries offering payment solutions across the Middle East, has announced its strategic collaboration with Mastercard to introduce […]
GRAND-LANCY, Switzerland – NOVEMBER 28, 2024 – Temenos (SIX: TEMN) today announces that Reem Finance, a leading corporate and retail finance specialist licensed and regulated by the UAE Central Bank, has selected Temenos to power a new digital community bank in the United Arab Emirates. The move to Temenos’ cloud-based solution is part of Reem Finance’s […]
Abu Dhabi, UAE – Magnati, a leading payment solution provider in the Middle East, has partnered with Aafaq Islamic Finance, an innovative digital Islamic finance provider, to launch an embedded financial solutions platform designed to support SMEs in the UAE. The platform offers a range of tailored financial services, that could help enable SMEs to […]
Dubai, UAE: Bank of Communications Co. Ltd. (BOCOM), one of the oldest financial institutions and first national state-owned joint-stock bank in China, has expanded its global presence by setting up in Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region. BOCOM has chosen DIFC to […]
With this investment, LoanBook gains significant resources, scale, and industry support to deliver transformative solutions to the loan capital markets. Dubai, UAE: Emirates NBD and Mashreq Bank today announced a strategic investment in NewBridge Fintech Solutions, a fintech firm and owner of LoanBook, an EMEA-focused, next-generation platform digitising the syndicated loan and private credit markets. LoanBook […]