FinTech
Lucid Capital raises $2.5M led by Tharawat Holding
Lucid Capital, a UAE-based fintech company specialising in AI-driven algorithmic trading, has closed a $2.5 million Seed funding round to strengthen its trading infrastructure and advance its artifici...
Türkiye’s Paribu acquires CoinMENA for $240 million
Türkiye’s leading digital asset platform Paribu announced that it has acquired CoinMENA, the largest local crypto exchange in the Middle East and North Africa (MENA), in a transaction valuing the comp...
Black Swan wins the MEST Africa Challenge 2025
Black Swan, a Mauritius-based FinTech startup, has been named the winner of the MEST Africa Challenge (MAC) 2025, following a high-energy Grand Finale at Innovation City, Cape Town on November 26, 202...
UPFRONT secures $10 million in pre-seed round
Dubai-based fintech startup UPFRONT has secured a $10 million pre-seed round, a mix of equity and debt allocation, to tackle one of the most persistent pain points for small and medium-sized businesse...
PaySelect to revolutionise the payment industry in UAE
PaySelect, the UAE’s first independent digital platform dedicated to simplifying the search for payment solutions, has launched with fifteen leading payment providers already on board. Designed ...
BENEFIT equips youth to lead fintech sector in Bahrain
Bahrain’s leading fintech company, BENEFIT, has successfully concluded the fourth edition of its FinTech Summer Training Programme “MASAR.” The initiative is dedicated to empowering Bahraini you...
Alaan raises $48 million in Series A round
Alaan, the Middle East’s leading spend management platform for businesses, has raised $48 million in a Series A funding round led by Peak XV Partners with significant participation from the founders o...
Tarabut secures in-principle approval from CBUAE
Tarabut has received in-principle approval from the Central Bank of the United Arab Emirates (CBUAE) following the introduction of the UAE’s Open Finance regulation. This milestone positions Tar...
Tabadulat to launch Shariah-compliant trading platform
Tabadulat, a UAE-based Shariah-compliant investing platform, has received In-Principle Approval from ADGM’s Financial Services Regulatory Authority (FSRA) to launch a 100% Shariah-compliant global tra...