UK-based Watercycle Technologies enters MENA after securing $5.6 million Series A

UK-based Watercycle Technologies enters MENA after securing $5.6 million Series A

UK-based Watercycle Technologies is pleased to announce the closure of a $5.6 million Series A investment round led by Par Equity as part of a syndicate with Greater Manchester Combined Authority (‘GMCA’), Aer Ventures and the University of Manchester Innovation Factory. This investment will enable Watercycle to rapidly scale up and commercially deploy its technology […]

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 […]