Date: December 23, 2024 Muscat, Oman – In a remarkable initiative aimed at fostering community engagement and promoting financial literacy, the National Bank of Pakistan (NBP) and Al Jadeed Exchange have announced the launch of a cricket tournament scheduled for January 2025. The announcement was made during a prestigious dinner event held in Muscat, Oman, […]
Electronic wallets are gaining traction, with 11,077 new wallets issued throughout the year. Staff Writer, Times of Oman December 19, 2024 Muscat: Debit cards have emerged as the dominant force in Oman’s payment landscape, accounting for a remarkable 93% of all newly issued cards in 2023. According to the 2023 Central Bank of Oman (CBO) National Payments […]
Muscat, Oman – QPay, Oman’s newly licensed ‘Buy Now, Pay Later’ (BNPL) financial services provider, has announced the successful close of its seed funding round, led by Cyfr Capital. The investment marks a significant milestone for QPay, with this funding being part of Future Fund Oman (FFO)’s strategic mission to foster growth and innovation within […]
Muscat, Oman – Ooredoo Fintech has officially announced a strategic partnership with Mala’a, a leading fintech company in Oman, to integrate their innovative E-KYC (Electronic Know Your Customer) service, ‘Huwiya’. This collaboration is set to revolutionize Ooredoo Fintech’s customer verification processes, ensuring a more seamless, secure, and efficient onboarding experience for its users. The signing […]
Muscat, Oman – September 2024: IO Kitchens, Oman’s leading cloud kitchen startup, has successfully raised $2.8 million in seed funding, marking a significant milestone in the company’s growth trajectory. The funding round was led by the Tanmia Small-Cap Fund, with participation from a range of family offices and regional investors, underscoring confidence in IO Kitchens’ […]