FinTech

Paymob raises $22 million in Series B extension round

Paymob announces a $22 million Series B extension round – taking the Company’s total Series B funding to $72 million led by EBRD Venture Capital with participation from Endeavor Catalyst.

FlapKap secures $37.6 million in Pre-Series A Funding led by BECO Capital

UAE-based fintech startup FlapKap has secured US$37.6 million in pre-Series A funding, led by BECO Capital with significant participation from Pact VC, A15, Nclude, QED Investors, and Channel Capital....

Xalts adds Tezos to accelerate Tokenization of Real World Assets

Xalts and Tezos Foundation today announced that they will collaborate to further the adoption of tokenization of real-world assets (RWA) by institutions. They will provide out-of-the-box solutions to ...

Hakbah partners with The Saudi Institute of Internal Auditors

Hakbah, the Saudi-based fintech savings platform, announces a new agreement with The Saudi Institute of Internal Auditors to enhance the development of internal auditing systems, governance, and overs...

Bupa Arabia sponsors Fintech 24 in Saudi Arabia

Bupa Arabia Cooperative Insurance Company has announced its participation as a Gold Sponsor at the upcoming “Fintech 24” International Financial Technology Conference, scheduled for Septem...

SNB Capital leads SAR 65mn series A funding for Malaa Technologies

SNB Capital, the largest asset manager and investment bank in the region, has announced its role as lead investor in a series “A” investment round of SAR 65 million for Malaa Technologies,...

Comera Pay receives final approval to provide digital financial services

Comera Pay, the fintech subsidiary of Comera Financial Holding, today announced it has received the final approval from the Central Bank of the UAE to operate as an authorised fintech company, offerin...

24 Fintech to redefine the global financial ecosystem

Saudi Arabia’s position as a major fintech hub will take a stride forward tomorrow when the new three-day 24 Fintech summit and exhibition opens at the Riyadh Front Exhibition & Conference Centre.

South African fintech Omnisient raises $7.5 million from Arise

South African fintech startup Omnisient has raised $7.5 million in Series A funding from Arise, a company that invests in African financial service providers and fintechs that advance financial inclus...

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