FinTech

Bahrain FinTech Bay launches MENA Innovation Academy

Bahrain FinTech Bay (BFB), a leading hub for financial technology innovation, announces the inception of the MENA Innovation Academy (MENA-IA). This initiative is dedicated to cultivating talent, fost...

TOTL to unveils its mobile app and dynamic QR tech at Fintech Surge 2024

TOTL, a Dubai-based fintech firm, is set to make a significant impact by unveiling its latest solutions, including a powerful mobile app and dynamic QR code technology at Fintech Surge 2024

QPay closes new round of seed funding led by Cyfr Capital

Oman’s new licensed ‘Buy Now, Pay Later’ (BNPL) financial services provider, QPay, has successfully closed its new round of seed funding, with Cyfr Capital taking the lead as the primary i...

Foodics streamlines restaurant payments with Foodics Pay

Foodics is revolutionizing payment solutions in the F&B industry with ‘Foodics Pay’, its payment solution designed to elevate operational efficiency, help businesses manage transactions effortless...

Magnati partners with Wio Bank to provide embedded finance solutions

Magnati has partnered with Wio Bank to provide embedded finance solutions through an innovative merchant financing platform. This collaboration supports the UAE’s ambitions for economic growth by enab...

Colendi AI unveils new AI platform for finance and banking sectors

Colendi AI, a leading innovator in financial technology, has officially launched ColendiMind, a groundbreaking artificial intelligence (AI) platform designed to revolutionise the finance and banking s...

TPS Worldwide to drive payment innovation in Saudi Arabia

TPS Worldwide, a global provider of digital banking and payment technology, has announced the expansion of its operations to Saudi Arabia with the support of AstroLabs, the Gulf’s leading busine...

UmrahCash secures funding to enhance the umrah experience for pilgrims

UmrahCash, a Riyadh-based fintech startup, has secured a $500,000 investment from Venture Fund, Adaverse. This development marks a significant step towards modernizing the centuries-old Umrah traditio...

Summer experiences boom in digital payments across UAE and Saudi Arabia

Consumers’ preferences for digital payment methods have deepened over the summer period in the UAE and Saudi Arabia, according to new data from global payments solution provider Checkout.com. The comp...