FinTech
Tabby secures $700M in debt financing from J.P. Morgan
Tabby has secured up to $700 million in receivables securitization from J.P. Morgan. The deal represents the largest asset-backed facility obtained by a fintech company in the MENA region.
Saudi-based Hakbah raises $5.1 million in Series A funding
Saudi-based fintech savings platform Hakbah successfully raised $5.1 million in a Series A funding round led by VentureSouq, M-Capital, Bunat Ventures, and existing investors Global Ventures and Aditu...
Top 6 fintech trends for 2024
Financial technology, or fintech, is undergoing rapid and transformative changes. As we look ahead to 2024, several key trends are poised to shape the landscape of the booming industry, affirms the CE...
Mamo now a principal member of Visa in the UAE
Mamo, a leading Fintech company based in the UAE, announced that it has now become a principal member of Visa in the UAE. This is a momentous milestone for the company after signing a five-year partne...
Mafhoom Technologies raises AED 5 million
Dubai-based fintech Mafhoom Technologies successfully raised AED 5 million in its pre-seed funding round. The startup incorporated at Dubai International Financial Center (DIFC) is poised to revolutio...
New DIEZ’s VC Fund will turbo-charge the growth of startups in the UAE
Dubai Integrated Economic Zones Authority (DIEZ) recently announced the launch of a venture capital (VC) fund worth AED500 million to finance technology startups to support their growth. The initiativ...
UnaFinancial seeks $15 million to launch finance app in UAE
UnaFinancial, an international fintech group of companies, is seeking to raise up to $15 million to launch a finance app in the UAE in 2024. The service will address the spending, investing and borrow...
Fintech Forward 2023 onboards Visa as its Platinum sponsor
The inaugural ‘Fintech Forward 2023’ (FF23), a three-day event taking place on October 10th-12th, 2023 in Bahrain Exhibition World announces global digital payments leader, Visa, as one of the esteeme...
Bahrain FinTech Bay and MSA Novo forge strategic partnership
Bahrain FinTech Bay (BFB), a fintech ecosystem builder, and MSA Novo, a multi-stage investment fund focused on emerging technology markets, are pleased to announce their collaborative venture aimed at...