FinTech
SC Ventures invests in Saudi embedded finance platform Vrtx
SC Ventures, Standard Chartered’s innovation, fintech investment, and ventures arm, today announced an investment in Vrtx, a Saudi-based embedded finance infrastructure platform, to support the ...
Botim partners with Geidea to launch SME Lending
Botim announced the expansion of its Botim Business ecosystem by launching SME Lending and partnering with Geidea. The digital financing solution aims to make working capital more accessible to micro ...
Tabby raises $233 million at $6.5 billion valuation
Tabby has raised $233 million at a $6.5 billion valuation, in an equity round led by Blue Pool Capital, with participation from existing shareholders HSG, Wellington Management and Arbor Ventures.
Airwallex invests over $40 million to drive UAE expansion
Airwallex, a leading global AI-native financial platform, has announced it is investing $43 million in the UAE over the next five years, as part of its wider expansion across the UK and Europe, the Mi...
Botim and Mastercard launch region’s first all-in-one card
Botim has collaborated with Mastercard to launch the Mastercard One Credential, giving eligible Botim cardholders greater flexibility and control over how they access and manage payments through a sin...
Fincart raises $2.8 million to scale its regional operations
Egypt‑based e‑commerce operations platform Fincart has raised an oversubscribed $2.8 million Seed round, co‑led by Launch Africa and Antler MENAP, with participation from Yango Ventures, Five35 Ventur...
African fintech M-KOPA surpasses 10 million customers
M-KOPA, the pan-African fintech, has reached 10 million customers across its 5 African markets. From its first solar sale in 2012, reaching 1 million customers took 8 years. Since its entry into smart...
Sav and Visa partner to elevate digital payment experiences
Sav and Visa have signed an exclusive five-year, multimillion-dollar strategic partnership that will see Visa become Sav’s exclusive card network across the UAE and Saudi Arabia. The collaborati...
Swift certified Mambu offers cross‑border payments
Mambu, the cloud banking platform powering the next generation of financial institutions, announced it has become a certified Enabler of Swift’s Business Connect and Value-Added Services. The certific...