The round brings total funding to over $335m since inception across equity and debt
The MoU strengthens VARA’s aim to achieve full transparency and market conduct adherence across virtual asset service providers licenced to operate in Dubai
The deal will see HSBC make a $35m investment into Tradeshift in two stages and also join its board
We facilitate effective goal planning and provide a user-friendly experience to help individuals achieve their financial objectives
Financial services embedded into existing business models are no longer optional, but necessary
The financing round for Tabby was led by US-based Partners for Growth, Atalaya Capital Management and CoVenture
Coinbase has been navigating a market downturn and a difficult US regulatory environment
VARA has come out with detailed regulations and rulebooks for the virtual assets sector, indicating just how fast things are moving
In the early years of the digital era, building was the only option, but today the region is strewn with fintechs
The facility will help finance the growing demand for bringing the buy now, pay later products in the GCC while continuing its growth across new verticals
The partnership will make micro-loans easily accessible, resulting in more favourable loan arrangements for both fintechs and customers
Initiatives launched by the government to support crypto and metaverse firms have created strong incentives for fintech companies to invest and grow in the country
As we look towards 2023, several key trends are set to redefine the fintech space
Young girls need role models and as women operating in this space, it is incumbent to show that there is a seat for females at the table
The bank is tracking the development of banks and fintechs to ensure their readiness to launch open banking services in Q1 2023
Dubai Chamber of Commerce plans to increase the number of economic sectors and activities represented by business groups to 100 by March 2023
The agreement highlights ThetaRay’s expansion into GCC financial institutions
The acquisition aims to create a unified social commerce platform for micro merchants, fempreneurs and webpreneurs across the MENA region
Moove, which was founded in Nigeria and provides revenue-based vehicle financing has scaled up to 13 markets in 2022
The partnership equips Ajman Bank with the technology to accelerate its digital transformation and enrich its client offering by adding new payment services
The company’s virtual and physical cards combined with its software allow businesses to manage their spending in a more automated and transparent way
Remo Giovanni Abbondandolo, VP of Commercial – MENA at Checkout.com explains how the company is helping firms optimise existing payment methods
The company marks the first regional investment for Valar, a venture capital firm backed by entrepreneur Peter Thiel
The collaboration will deliver a comprehensive digital wallet solution designed to boost customer-centricity
The event aims to connect global fintech innovators with enterprises, investors, policymakers, government authorities and collaborators
The awards attracted the top technology brands highlighting strong vision, creative projects, dynamic leadership and solid regional presence
The compound annual growth rate of the UAE’s overall payments revenue is forecasted to be at 7.7 per cent from 2021 – 2031, while the region is expected to grow by 9.3 per cent within the same period
The UAE launch is expected to be followed up by further rollouts to other markets including Saudi Arabia and Egypt
The second edition of the event will host insurtech and payments innovators
Abu Dhabi Finance Week, which is set to run between November 14-18, will bring together global market leaders in financial technology, asset management and capital markets