FinTech
Ziina secures $7.5 million in its latest funding round
Ziina, the UAE’s first Peer-to-Peer (P2P) payment application, which is backed by Y-Combinator (YC), announced its latest funding round of $7.5 million. The round which closed in May 2021 will help th...
MoneyHash completes its pre-seed round to launch its services across MEA
MoneyHash, an Egyptian US-based fintech startup that uses a universal API and a unified checkout experience to help businesses consolidate and grow their payments and financial tech stack across Afric...
AFS GO! launched to support the growth of MSMEs in Bahrain
Arab Financial Services (AFS) has launched a new, digital solution bundle that supports the growth of Micro, Small and Medium Enterprise (MSME) businesses in the Kingdom of Bahrain.
ADYEN announces expansion of its local acquiring services to include the UAE
ADYEN today announced the expansion of its local acquiring services to include the United Arab Emirates (UAE), illustrating its commitment to the Middle East region. With acquiring capabilities in the...
Stake raises US$4 million in a seed funding
Stake, a Dubai-based fintech and real estate investment platform which launched in December 2020 to disrupt the UAE’s real estate investment market, today announces that it has raised US$4 million in ...
Zip acquires Spotii
Leading global Buy Now Pay Later (BNPL) company, Zip, today announced the full acquisition of Dubai-based BNPL provider Spotii. The strategic investment will see Zip build on its initial 20 per cent i...
Dibsy secures $300,000 in pre-seed funding
With the funding, Dibsy will invest in new hires and business development to grow its market share in Qatar. The company will also broaden its scope to offer more services around its payment solutions...
Dubai launches DIFC Innovation Hub to spearhead the growth of FinTech sector
His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai and President of the Dubai International Financial Centre (DIFC), today officially opened the DIFC Innovation Hub,...
SCA and MoE launch Fintech Megathon 2021 in the UAE
Under the patronage of H.E. Abdullah bin Touq Al Marri, Minister of Economy (MoE) and Chairman of the Board of the Securities and Commodities Authority (SCA), the Fintech Megathon 2021 was launched in...