FinTech
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...
CE-Ventures invests in two Silicon Valley startups
CE-Ventures has announced investments in Silicon Valley startups Plaid and Mesh, focused on data infrastructure and digital asset movement respectively, are both critical enablers of financial interop...
EazyPay and Tamara to offer seamless payment solutions
Bahrain’s leading financial company, Eazy Financial Services, has announced a strategic partnership with Tamara, one of the region’s fastest-growing fintech platforms and a pioneer of the ...
PALM successfully closes a seven-figure Pre-Seed round
PALM, Egypt’s first fintech startup offering incentivised goal-based saving, has announced today that the company has successfully closed its pre-seed funding round. The investment round was led by 4D...