UAE-based B2B marketplace Plain Tiger Raises undisclosed Investment

UAE-based B2B marketplace Plain Tiger Raises undisclosed Investment from COREangels MEA

COREangelsMEA, a member of the global COREangels International network, has announced its latest investment in Plain Tiger, an innovative startup revolutionizing the B2B hospitality sector. The investment decision follows COREangelsMEA’s fourth investment committee, where Plain Tiger emerged as the top candidate from over 750 startup applications. While the exact investment amount remains undisclosed, the African […]

PayRetailers expands further into Africa

PayRetailers expands further into Africa, boosting financial inclusion across eight additional key markets

LONDON, United Kingdom, September 18, 2024/ — Expansion includes Burkina Faso, Cameroon, Kenya, Ivory Coast, Ghana, Senegal, South Africa, Nigeria; Leveraging success in Latin America to provide underbanked populations in Africa with efficient payment functions.  PayRetailers, the leading payment processor for Latin America, has today announced further expansion into Africa. With coverage now across 12 countries, the […]

Nubank Eyes Expansion into MENA Region

Nubank Eyes Expansion into MENA Region, Targeting Rapidly Growing Digital Banking Market

Nubank, one of the world’s largest digital banks with over 100 million customers, is exploring opportunities to expand into the Middle East and North Africa (MENA) region, targeting key markets like Saudi Arabia and the UAE. The move comes as the region undergoes rapid digital transformation and experiences increasing demand for innovative fintech services. Already […]

GSS and XSquare Partners

GSS and XSquare Partners to Revolutionize B2B Payments in the UAE

Dubai, UAE – GSS, a leading provider of innovative technology solutions, and XSquare, a pioneer in B2B payments, have announced a strategic partnership aimed at implementing cutting-edge open banking and real-time B2B payment solutions in the United Arab Emirates (UAE). This collaboration is set to empower financial institutions and businesses of all sizes in the […]

UAE-Based Automotive SaaS Startup Seez Secures $4.2 Million Investment for US Expansion

UAE-Based Automotive SaaS Startup Seez Secures $4.2 Million Investment for US Expansion

Seez, a leading UAE-based automotive SaaS company, has announced securing a $4.2 million investment to fuel its ambitious expansion into the United States market. Renowned for its proprietary technology, Seez has developed a diverse portfolio of AI-driven solutions, including Seezar, an AI chatbot designed to revolutionize customer interactions within the automotive industry. As one of […]

UK-based Fintech Revolut Eyes Expansion in Middle East With License Application at Central Bank of The UAE

UK-based Fintech Revolut Eyes Expansion in Middle East With License Application at Central Bank of The UAE

Revolut Ltd., the London-based digital banking giant, is making significant strides toward entering the Middle East as part of its global expansion strategy. According to sources close to the matter, the fintech company has submitted applications to the Central Bank of the United Arab Emirates (CBUAE) for licenses to operate as an electronic-money institution and […]

Digital Payments Surge in UAE and Saudi Arabia Fueled by E-Commerce and BNPL Growth

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. […]

UAE Fintech Fasset Announces IOWN Blockchain

UAE Fintech Fasset Announces IOWN Blockchain to Promote Real World Asset (RWA) Ownership

Dubai, UAE – Fasset, a UAE-based fintech platform, has officially launched IOWN, a groundbreaking Ethereum Layer 2 (L2) blockchain designed to revolutionize Real World Asset (RWA) ownership. The launch comes on the heels of Fasset securing a Credit Token License from the Labuan Financial Services Authority (Labuan FSA) in Malaysia, the regulator of the Labuan […]