FinTech
Hub71 startup Qashio raises $19.8 million
Hub71 startup Qashio, an expense management solution for high-performing companies, has successfully raised $19.8 million in a recent funding round. This capital injection, a hybrid of equity and non-...
Bahrain’s BENEFIT launches second cohort of Ruwaad Leadership Program
Bahrain’s leading Fintech and electronic financial transactions service provider, BENEFIT, has announced the launch of the second cohort of its Ruwaad BENEFIT Leadership Program, building on the...
DFSA launches explainer guide to support Innovation Testing Licence applicants
The Dubai Financial Services Authority (DFSA) has launched a new explainer guide on its Innovation Testing Licence to support the growth of innovative financial services in or from the DIFC.
FinBursa unveils global investment technology platform
FinBursa announced the launch of its global investment technology platform from the Dubai International Financial Centre (DIFC). With global private market investments experiencing rapid growth and in...
erad raises $16 million in a pre-series A round
Riyadh-headquartered alternative financing platform for SMES, erad, has successfully raised $16 million in a pre-series A round to accelerate its growth and expand its operations in Saudi Arabia and b...
Zest Equity secures $4.3 million in pre-series A
Zest Equity, the leading digital infrastructure solutions platform for private market transactions, announced it has secured $4.3 million in pre-series A funding from strategic investors, led by Pros...
Pemo enters Saudi Arabia in partnership with neoleap
Pemo, the all-in-one spend management platform, has officially launched in Saudi Arabia, offering cutting-edge financial solutions to businesses of all sizes across the Kingdom.
Wafeq join hands with Comfi to fuel SME growth in UAE
Comfi, the UAE-based B2B embedded finance platform, has announced a strategic partnership with Wafeq, one of the GCC’s leading and fastest-growing accounting software providers.
PayPal and TerraPay expand access to cross-border payments in the region
PayPal announced a strategic partnership with TerraPay to enable real-time fund transfers for PayPal customers across the Middle East and Africa. This partnership aims to drive economic growth by maki...