FinTech

Arab Financial Services and Aafaq Islamic Finance to support fintech startups

Arab Financial Services (AFS), the leading digital payment solutions provider and fintech enabler in the Middle East and Africa, and Aafaq Islamic Finance a regional Islamic financial products and ser...

Cashee joins Visa’s Fintech Fast Track program

Cashee, the MENA region’s teen banking and ed-tech platform, today announced that it has joined Visa’s Fintech Fast Track program to roll out the Cashee teen digital payment solution to youth in...

IDEMIA and Soft Space to deliver digital-first payment acceptance capabilities worldwide

IDEMIA, the global leader in Augmented Identity, partners with Soft Space, the world’s leading Fintech player in SoftPOS to enable contactless payment acceptance. Through this collaboration, merchants...

nSure.ai’s real-time fraud protection intelligence platform raises $18 million

nSure.ai, the world’s first fully automated chargeback guarantee platform, raised $18 million in Series A funding, led by MoreTech Ventures with additional investments by seed-round participants...

OPay Egypt announces the opening of its first “OPay” store in Egypt

OPay Egypt has announced the opening of its first “OPay” store in Egypt in the Downtown area in the 5th Settlement, to offer all the company’s services and products for individuals and corporates.

Mashreq invests in NymCard

Mashreq has taken a stake in NymCard, the only Banking-as-a-Service provider in the Middle East, to help grow the booming FinTech ecosystem in the UAE and support the next generation of innovators.

Islamic Fintech startup IMAN, closes $1million in seed funding

An Islamic Fintech startup IMAN, closes $1million in seed funding to introduce a new financial product that is Shariah-compliant in Muslim markets. The new platform uses technology to democratize acce...

Two UAE-based teachers launch Edfundo app

Two UAE-based teachers have fused EdTech with FinTech to create the first financial intelligence hub, complete with a learning resource and a smart money management app built by educators to nurture m...

Nuwa Capital participates in a $1.6M pre-seed round of Saudi-based EdfaPay

Nuwa Capital announced its latest investment in Saudi Arabia, through its participation in a $1.6M (SAR 6M) pre-seed round of Saudi-based fintech company EdfaPay. The round was co-led by Wallan Invest...