FinTech
PayPal and TerraPay expand access to cross-border payments in the region
PayPal announced a strategic partnership with TerraPay to enable real-time fund transfers for PayPal customers across the Middle East and Africa. This partnership aims to drive economic growth by maki...
Pakistani fintech Haball secures $52 million to fuel expansion
Haball, Pakistan’s leading supply chain financing and payments fintech, has raised a significant US$52 million in a pre-Series A funding round. The investment comprises a US$5 million equity com...
Nayla Finance raises $4 million in seed funding
Saudi-based fintech Nayla Finance has raised $4 million in seed funding, led by Sanabil Venture Studio by Stryber, to enhance its data-driven lending platform and expand operations.
MENA FinTech Association partners with FinTech Armenia Association
The MENA FinTech Association (MFTA), the region’s leading not-for-profit industry body, announced a strategic partnership with the FinTech Armenia Association to foster cross-border synergies in Finan...
Madfu achieves Sharia certification for its BNPL solution
Madfu, a leading Saudi-based Buy Now, Pay Later (BNPL) solutions provider, has received Sharia certification from Shariyah Review Bureau (SRB), affirming that its BNPL solution offerings comply with I...
Tabby raises $160M in Series E funding at $3.3B valuation
Tabby has raised $160 million in a Series E financing round at a $3.3 billion valuation, cementing Tabby as the most valuable fintech company in the region. The round was led by existing investors Blu...
Emirates NBD NDTI program reinforces Dubai’s as a global hub for Fintech
Emirates NBD has announced the successful wrap-up of the third cohort of the popular Emirates NBD National Digital Incubator (NDTI) program to reinforce Dubai’s position as a global hub for Fintech.
Pemo recognised in Future 100 line-up
UAE-based leading fintech Pemo has been recognised as part of the prestigious Future 100 line-up. This accolade celebrates the nation’s most promising and innovative companies driving the future of bu...
MANSA raises $10 million in funding led by Tether
MANSA, a global fintech innovator in cross-border payments, has announced the successful close of its $10 million funding round. The company has raised $3 million in a pre-seed funding round led by Te...