FinTech
UAE-based FinTech, Mamo bags regulatory approvals for providing money services
UAE-based FinTech and financial services platform for SMEs, Mamo announced that it has been granted regulatory approval to operate from DIFC, and also the license has been granted by the Dubai Financi...
Egyptian startup, Exits.me raises $1 million pre-seed round
Exits.me, an Egypt-based fintech investment banking marketplace, has raised $1 million in a Pre-Seed round by a group of notable Egyptian angel investors, Baseeta Investments Holding & Mawelni Hol...
Alternative growth financing platform, erad raises $2.4 million in pre-seed funding
erad, the alternative growth financing platform for online businesses across the Middle East, today announced that it had raised $2.4 million in capital. The pre-seed funding round was backed by UAE-b...
AI can revolutionize banking
If adopted in the right way, AI has the potential to revolutionize the banking industry – saving time, cutting costs, and improving the customer experience and sales. By integrating AI across th...
Alibaba Cloud launches its suite of Alibaba Cloud for Financial Services solutions
Alibaba Cloud today launched its suite of Alibaba Cloud for Financial Services solutions, comprising over 70 products designed to help financial services institutions (FSIs) of all sizes across bankin...
Bahrain launches region’s first fintech venture studio, HP Spring Studios
Al Waha Fund of Funds, managed by Bahrain Development Bank, and international investment firm Hambro Perks have announced the launch of HP Spring Studios, the MENA region’s first fintech venture...
Ziina all set to enter Jordan
Ziina is coming to Jordan. Having launched their digital wallet in February 2022, and their proprietary payment keyboard, the Ziiboard, just this month, the Jordanian expansion is the latest milestone...
UAE-based fintech Tabby expands into Egypt
Tabby, the Middle East’s leading payments and shopping app, announced its launch in Egypt, enabling shoppers to pay over time without any interest or fees. Tabby works with multiple brands including L...
Nigerian fintech startup, Grey raises $2 m in seed funding
Grey, a fintech started by two Nigerians to simplify sending and receiving foreign payments for Africans, has raised $2 million in seed funding. The service offered by Grey enables its customers to ha...