FinTech
Balad rises USD seven-figure in its pre-seed round
Egyptian venture capital firm Acasia Ventures led the USD seven-figure pre-seed investment round in Cairo-based, remittance-focused fintech startup Balad. The round was joined by Launch Africa, Future...
JoPACC and Rainmaking Innovation to invigorate fintech across Jordan
The Jordan Payments and Clearing Company (JoPACC) and Rainmaking Innovation have signed an agreement to mark the onset of the programs of JoPACC’s newly established fintech incubator, JOIN Fincu...
Proparco to support development of Egypt’s fintech sector
Proparco announced an investment in an early-stage venture capital fund managed by DisrupTech Ventures, to support development in Egypt’s fintech sector and help expand access to financial servi...
Geidea to sponsor the Dubai FinTech Summit
Geidea has become the latest sponsor of the Dubai FinTech Summit, a platform it will use to call for a harmonised regulatory framework in the GCC to further increase investor confidence, promote innov...
e& to address SME credit gap across GCC region
e& enterprise, part of e&, announced the signing of a binding agreement to acquire a majority stake in Beehive to tap into opportunities in the Small and Medium Enterprise (SME) lending market...
Mamo to accelerate the growth of SMEs in the MENA region
Checkout.com has entered an agreement with Mamo, thereby, making Checkout.com the payments provider of choice for their flagship product Mamo Business. This deal further supports Mamo’s mission to acc...
New IBA report outlines fintech regulatory frameworks
A new report from the International Bar Association Banking Law Committee (IBA BLC), provides an overview of the financial technology (fintech) regulatory frameworks of 39 jurisdictions acrossAfrica, ...
DIFC unites FinTechs and banks for innovation
According to recent research by Report Ocean, the global FinTech Lending Market was valued at approximately $573.05 bn in 2021 and is anticipated to grow with a healthy growth rate of more than 27.4% ...
Paymob partners with IKEA Egypt to transform checkout process
Paymob and IKEA Egypt, a member of Al Futtaim group of companies, announce their partnership that will will transform the checkout experience for IKEA customers in Egypt by introducing new innovative ...