Wamda

Egypt

FOODICS raises $20 million in Series B

Saudi Arabia-based food and beverage (F&B) retail and restaurant management platform FOODICS, has raised $20 million in a Series B...

Foodics Sanabil Investments STV

Egypt

Egyptian fintech in 2021: The journey ahead [Part Two]

In the second part series, Michel Assaad, vice president of Europe, Middle East and Africa strategy at Citi Bank, outlines the trends...

Fintech

Saudi Arabia

Tamara raises $6 million in seed funding

Saudi Arabia-based buy now pay later (BNPL) startup Tamara, has secured a $6 million (SAR 22.5 million) seed round led by...

Buy now pay later

Egypt

Egyptian fintech in 2020: A tale of crosswinds and tailwinds [Part One]

In this two part series, Michel Assaad, vice president of Europe, Middle East and Africa strategy at Citi Bank, outlines the trends...

Fintech

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...

Ziina Fintech

Bahrain

Rain secures $6 million Series A

Bahrain-based cryptocurrency exchange Rain has raised $6 million in its Series A round of funding. The round was led by Middle East Venture...

crypto cryptocurrency

Global

Checkout.com to open office in Riyadh after raising $450 million

Checkout.com, the UK-based payments company is expanding its presence in the Middle East and North Africa (Mena) after securing a $450...

Saudi Arabia

Saudi Arabia’s SAMA issues open banking policy

SAMA, Saudi Arabia’s Central Bank has today announced its intent to launch an open banking regulatory framework in the kingdom. In...

Open banking

Egypt

Cassbana raises $1 million from Distruptech

Cairo-based financial technology (fintech) startup Cassbana, has raised a six-figure pre-seed funding round led by Egypt’s...

Disruptech

Global

Why are governments hoarding Bitcoins?

Khurram Shroff is the chairman of UAE-based private equity firm IBC Group which has invested in over 4000 different Blockchain products....

cryptocurrency Bitcoin

Regional

From pearl trade to e-wallets: The rise of digital payments in the GCC

Dalal Buhejji is the director of business development, financial services at the Bahrain Economic Development Board At the turn of...

banking digital wallet

Regional

What is driving the growth of buy now pay later?

Before the emergence of online shopping, there were shopping catalogues, published and distributed by retailers who offered everything from...

BNPL Tabby

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...

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...

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...

Tabby Fintech

Global

How did a high school dropout become a billionaire?

The school dropout who becomes a successful entrepreneur seems like a typical Silicon Valley success story, but where the likes of Bill...

NikhilKamath Zerodha

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...

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...

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...

Fintech Open banking DAPI

Regional

Techne Summit Alexandria 2020

Techne Summit is coming to you this year on November 7-8-9 as a Hybrid Event! So, if you can't attend in person, you can...

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...

Fintech remittance now money

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...

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...

Fintech digital transformation Regulations

Regional

Yalla Fintech 2020 - Arab Hackathon for Financial Inclusion

Fintech Galaxy and Deutsche Gesellschaft fur Internationale Zusammenarbeit (GIZ) GmbH have launched the virtual hackathon for...

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