FinTech

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...

i2c partners with Qatari startup KARTY to launch digital visa wallet

i2c Inc., a leading provider of digital payment and banking technology, announced its partnership with KARTY, a Qatar-based fintech providing tailored digital financial solutions to the MEA region, to...

Pyypl raises $11 million in series A

UAE based fast growing fintech, Pyypl closed a $11 million series A financing round with participation from a diverse group of international family offices and HNWI’s. The company provides digital pay...

Zywa closes a $1 million pre-Seed round backed by Y Combinator

Dubai-based fintech Zywa gets backed by Y Combinator and closes a $1 million pre-Seed round for its teen neobank. Besides Y Combinator, the strategic investors from the United States and the Middle Ea...

CBD has approved a debt financing deal with Postpay

Commercial Bank of Dubai (CBD) has approved a debt financing deal with Postpay, a leading omni-channel Buy Now, Pay Later (BPNL) provider in the Middle East. This inaugural debt financing arrangement ...

stc pay addresses Fintech and innovation at LEAP

stc pay, MENA’s largest digital wallet and a leading regional operator in fintech providing innovative and secure digital financial services, will be one of the main participants at this year’s LEAP 2...

Saudi fintech, Urway gets certified by Saudi Payments

Urway, a Saudi Arabia-based fintech, has obtained the Electronic Merchant Service Provider – Payment Technical Service Provider certificate (eMSP – PTSP #PTSP001) granted by Saudi Payments...

FTFT appoints Ola J. Lind as its new Chief Strategy Officer

FTFT Capital (Future FinTech) a leading blockchain-based e-commerce business and a fintech service provider, announced today that it has appointed Ola J. Lind as Chief Strategy Officer of FTFT, where ...

Fawry plans to raise EGP 800 million through a rights issue to existing shareholders

Fawry for Banking and Payment Technology Services S.A.E. announced today its plans to raise EGP 800 million of growth capital through a rights issue to existing shareholders. The proceeds will be used...

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