U.A.E Wamda participates in Ziina’s seed round Wamda has invested in UAE-based peer-to-peer (P2P) payment application Ziina’s seed funding round, which was led by the Oman... Wamda • 19 January, 2021 Ziina Fintech
Qatar Cwallet secures $220,000 pre-seed Qatar-based financial technology (fintech) startup Cwallet, has raised a $220,000 pre-seed round from its founders and MBK... News • 10 January, 2021 cwallet Fintech
Saudi Arabia NearPay raises $600,000 pre-seed Saudi Arabia-based financial technology (fintech) startup NearPay, has raised a $600,000 (SAR 2.2 million) pre-seed round, led by Saudi... Dunya Hassanein • 05 January, 2021 NearPay Angel Investment Fintech
Global UAE-based Zenith Global invests $1 million in India's TaxBuddy.com Source: YourStory TaxBuddy.com, a Mumbai-based fintech startup, on Monday raised $1 million in early-stage funding from UAE-based fund... News • 22 December, 2020 Fintech TaxBuddy.com Zenith Global
U.A.E Is open banking the answer to boosting the UAE property market? Michael Hunter is the co-founder of Holo Open banking is a term we have been hearing a lot over the past three years, since the... Thought Leadership • 16 December, 2020 Fintech Open banking
U.A.E A cashless society in the UAE cannot happen without financial inclusion Anouar Bourakkadi Idrissi is the CEO of Edenred UAE At the onset of 2020, implementation of the wide-scale lockdown and social... Thought Leadership • 14 December, 2020 Fintech financial inclusion cashless
Saudi Arabia tabby raises $23 million in Series A UAE-founded Buy Now Pay Later (BNPL) provider tabby has raised Series A financing round of $23 million in debt and equity led by... News • 08 December, 2020 Tabby Fintech
Egypt Raya Holding to launch EGP 100 million fintech-focused fund Source: WAYA Raya Holding announced that it will invest EGP 100 million to establish a direct investment fund specifically for... News • 08 December, 2020 Raya holding Fintech VC fund
Saudi Arabia Western Union buys $200 million stake in STC Pay Source: Bloomberg Western Union Co. acquired a 15% stake in stc pay, a unit of Saudi Telecom Co. that’s focused on... News • 22 November, 2020 Western Union STC Pay Fintech
Morocco Outlierz Ventures invests in three African startups Source: Ventureburn The three selected tech-enabled startups will utilise the funding received from Outlierz Venture to transform... News • 16 November, 2020 healthtech Outlierz Ventures Fintech
U.A.E DIFC’s Innovation Hub to support Dubai’s future economic growth Source: WAM The innovation mandate has expanded for the Dubai International Financial Centre, DIFC, the leading global financial centre... News • 11 November, 2020 DIFC Fintech MEASA
Regional The issue of open banking [part two] In the first part of this feature, we introduced the concept of open banking. Here, we take a closer look at the regulatory... Shaimaa El Nazer • 02 November, 2020 Fintech Open banking
Regional The issue of open banking [part one] Following DAPI’s open letter to the UAE Bank Federation Advisory Council penned by co-founder Mohammed Aziz over a month ago, open... Shaimaa El Nazer • 29 October, 2020 Fintech Open banking DAPI
Regional Providing a purpose in remittances There are about a billion migrant workers around the world who send money to their families in remittances. This source of income is vital... Triska Hamid • 26 October, 2020 Fintech remittance now money
Egypt Foundations Ventures launches early-stage fund, invests in 4 startups Egypt-based venture capital firm (VC) Foundation Ventures has launched an early-stage fund to back Egyptian startups, offering investments... Wamda • 21 October, 2020 Foundation Ventures HOF Capital early stage
Regional The slow rise of neobanking in the Middle East This week’s biggest financial news came from Abu Dhabi after investment firm ADQ, the holding company for some of the biggest assets... Shaimaa El Nazer • 22 October, 2020 Fintech Open banking neo banking
Bahrain FinHub 973 launches to boost fintech sector in Mena The Central Bank of Bahrain (CBB) launched today FinHub 973, the first of its kind virtual fintech platform in the region, in collaboration... Shaimaa El Nazer • 20 October, 2020 Fintech digital transformation Regulations
Egypt NowPay raises $2.1 million seed Cairo-based financial technology (fintech) startup NowPay, has raised $2.1 million in a seed investment round led by Foundation Ventures... Wamda • 11 October, 2020 NowPay Fintech Emerging Markets
Egypt Flick raises $1 million pre-seed investment Egypt-based peer-to-peer (P2P) financial technology (fintech) startup Flick, has raised a $1 million a pre-seed funding round from an angel... Wamda • 04 October, 2020 Flick money transfer Fintech
Saudi Arabia Fintech Saudi, Flat6Labs launch fintech accelerator programme Source: Fintech News Middle East Powered by startup accelerator Flat6Labs, Fintech Saudi is launching its Fintech Accelerator, an... News • 01 October, 2020 Flat6Labs Jeddah SAMA Fintech
Bahrain Bahrain issues blockchain permit to UK’s Fasset The Central Bank of Bahrain (CBB) has given UK blockchain startup Fasset, a first-of-its-kind authorisation to test its digital solutions... News • 29 September, 2020 Fasset Fintech Blockchain
Global Arab Bank invests in US-based Veem Source: The fintech times Veem, the fast-growing global payments network built for businesses, recently announced the closing of a $31... News • 20 September, 2020 Ab Ventures Arab Bank Veem
Egypt Kashier raises seed investment Egypt-based financial technology (fintech) startup Kashier Payments, has raised a seed investment round led by Glint Ventures, with... News • 20 September, 2020 Kashier online payment Fintech
Egypt Contributing to Egypt's growth journey Dina H. Sherif, Mohamed Okasha and Malek Sultan are managing partners at Egypt-based VC firm Disruptech. This article was originally... Thought Leadership • 17 September, 2020 Disruptech fawry Fintech