FinTech
Astra Tech’s Quantix secures $500 M financing from Citi
Quantix Technology, a subsidiary of Astra Tech announced today that it has secured a substantial $500 million asset-backed securitization financing from Citi to support its CashNow consumer lending pl...
Geidea to launch its innovative SoftPos service in Egypt
Geidea is set to launch its innovative SoftPos service in Egypt, following a successful two-year rollout in Saudi Arabia and later in the UAE. This expansion marks a significant milestone in Geidea’s ...
EdfaPay secures $5 million in Pre-Series A funding round
EdfaPay, Saudi Arabia’s leading fintech platform, has secured a $5 million Pre-Series A funding round led by OmanTel Innovation Labs. Aljabr MENA and Waad Investment also participated. This inve...
Paymentology and Zand Bank to drive fintech growth
Paymentology, the leading global issuer processor, has signed a referral partnership with Zand Bank, the UAE’s first fully licensed, all-digital bank. This collaboration focuses on expanding fin...
Tamkeen and Bahrain Fintech Bay launches Fintech Sector Skills Report
The Labour Fund “Tamkeen” announced the release of the Fintech Sector Skills Report in collaboration with “Bahrain Fintech Bay.” The report aims to analyze current and future skills within the fintech...
Visa invests in four leading African fintechs
Visa, a world leader in digital payments, announced today strategic investments in four start-ups that graduated from the inaugural cohort of its Visa Africa Fintech Accelerator program. These investm...
Network International and Tamara to offer Sharia-compliant payment solutions
Network International (Network), a leading enabler of digital commerce across the Middle East and Africa, partnered with Tamara, the leading fintech unicorn in the region, to offer flexible, Sharia-co...
Menthum unveils Egypt’s first-ever goal-based savings solution
Menthum, Egypt’s pioneering fintech startup, has launched “Menthum Goals!”, a first-of-its-kind digital savings proposition designed to transform how individuals plan, save, and achieve their financia...
Geidea and tpay partner to transform digital payments
Geidea has announced a strategic partnership with tpay with an aim to reshape the digital payments space by offering an integrated suite of payment methods, including Direct Carrier Billing (DCB), car...