Dubai, United Arab Emirates, 21 November 2024: Mastercard and Fundbot, a UAE-based fintech firm specializing in supply chain financing, have announced a strategic partnership to revolutionize business-to-business (B2B) payment flows across industries. The collaboration will launch an advanced payments platform designed to seamlessly connect buyers and suppliers, driving efficiency and enhancing cash flow management. Initially […]
Saudi-based Jozo Launches Digital Platform to Revolutionizing Real Estate Ownership Through Fractional Investments
Jozo, a cutting-edge real estate fintech company, has unveiled its new digital platform in Saudi Arabia, offering individuals the chance to own fractional shares in real estate properties with unparalleled ease and transparency. This innovative platform is set to redefine property investment in the Kingdom by making real estate ownership more accessible and inclusive. With […]
Saudi Arabia Adoption of Fintech Makes it an Ideal DeFi Hub, Experts say
CAIRO: Fintech experts believe Saudi Arabia is positioned to lead the regional landscape in decentralized finance, and also solve some challenges on the horizon. With active support from the Saudi Central Bank, also known as SAMA, and initiatives like Vision 2030, the Kingdom is creating an ideal environment for solutions to so-called DeFi to flourish. […]
Metric and Spare Partner to automate Financial Insights & Intelligence for Saudi Businesses
Dubai-based Metric has announced a strategic partnership with Saudi Arabia’s Spare, aimed at bringing cutting-edge financial automation and intelligence to businesses across the Kingdom. This collaboration promises to transform the way businesses in Saudi Arabia manage their financial operations, providing them with secure, real-time access to critical financial data. By joining forces, Metric and Spare […]
George Harrak Appointed as CEO of Jeel
Jeel, a leading Saudi fintech company supported by Riyad Bank, is thrilled to announce the appointment of George Harrak as its new Chief Executive Officer. A renowned transformational leader, George brings over 20 years of experience in driving business strategy, innovation, and operational transformation across the global banking and ICT sectors. In his distinguished career, […]
American Express Middle East Expands Reach Through Partnership with Telr to Boost Merchant Network in the MENA Region
Dubai, UAE – October 3, 2024: American Express Middle East has announced a strategic partnership with Telr, a leading online payment gateway, to significantly expand its acceptance across Telr’s extensive merchant network. Through this collaboration, American Express will become one of Telr’s aggregation payment service providers in the MENA region, enabling its Card Members to […]
UAE Fils Partners with Saudi Madkhol to Offset Carbon Footprint of Saudi Capital Market Fintechs
Collaboration Announced at 24 Fintech Event Aligns with Saudi Vision 2030’s Sustainability Goals Dubai, UAE – September 2024 – UAE-based Fils, an ESG-focused fintech that leverages blockchain technology, has partnered with Saudi Arabian tech platform Madkhol to offset the carbon footprint of Saudi capital market fintechs. The partnership, officially signed during the prestigious 24 Fintech […]
Digital Payments Surge in UAE and Saudi Arabia Fueled by E-Commerce and BNPL Growth
The UAE and Saudi Arabia are witnessing a significant shift toward digital payments as consumers increasingly adopt modern shopping trends, according to the latest analysis from Checkout.com. The data highlights a marked rise in online shoppers, the growing popularity of Buy Now, Pay Later (BNPL) options, and increased consumer confidence in sectors such as travel. […]
Saudi Fintech Tabby to acquire Saudi digital wallet Tweeq in move to expand services beyond BNPL
Riyadh, Saudi Arabia – September 2024: Tabby, the MENA region’s leading shopping and financial services app, has announced a definitive agreement to acquire Tweeq, a Saudi-based digital wallet licensed by the Saudi Central Bank (SAMA). This milestone announcement was made during the 24 Fintech event, Saudi Arabia’s flagship fintech gathering. Under the terms of the […]
UAE Tumodo and Saudi Tabby collaborate to Digitise Business Travel
In a groundbreaking move set to transform corporate travel management in the region, Tumodo, a leading UAE-based travel technology firm, has announced a strategic partnership with Saudi fintech company Tabby. This collaboration promises to revolutionize business travel planning, streamline expenses, and contribute to sustainable practices across the UAE. Leveraging Tumodo’s state-of-the-art travel management solutions, Tabby’s […]