FinTech
Egyptian fintech Lucky ONE raises $3 million
Lucky ONE, a Cairo-based consumer credit fintech, has successfully secured $3 million in a convertible note to help the company achieve profitability by the first quarter of 2025. The investment round...
Huawei Cloud unveils Pioneer program to empower Saudi Arabia’s fintech
Huawei Cloud, in collaboration with Fintech Saudi, successfully hosted the Huawei Cloud Fintech Day Saudi Arabia 2024, showcasing innovative cloud solutions for the rapidly evolving fintech industry i...
UAE fintech startup Ziina secures SVF License
Ziina, the UAE’s leading financial platform supporting consumers and entrepreneurs, has secured the Stored Value Facility (SVF) license from the UAE Central Bank. This marks a significant milestone fo...
Sav receives in-principle approval for a Category 4 license from DFSA
UAE-based fintech Sav received an in-principle approval for a Category 4 license from the Dubai Financial Services Authority (DFSA). This key milestone will enable Sav to provide consumers with regula...
24 Fintech to host senior government officials and global finance leaders
The24 Fintech, the Saudi Arabia’s new financial services focused summit and exhibition will offer a stage to senior government officials and global leaders in the finance sector to address criti...
Mamo raises $3.4mln to enhance financial services for SMEs
Mamo, a UAE-based fintech company, has achieved a significant milestone by successfully completing a substantial $3.4 million funding round. This infusion of additional funds will play a pivotal role ...
Leading Mexican Fintech OCN raises $86 million in Series A
OCN (formerly “OneCarNow”), the leading Fintech for gig workers across the Americas, announces an $86 million Series A fund raise – comprising equity and debt – in a major endorsement for ...
Aura Finance addressing the financing needs of SMEs
Shahrukh Ghazali, co-founder of Aura Finance, talks about their unique SME financing solutions, winning the Fintech Startup Innovator award, overcoming early challenges, and future plans for growth an...
Mitgo Group to invest $20 million in its fintech arm Capy
Mitgo Group, has made the first tranche of investment in its recently launched fintech business, Capy. This investment will be the initial step in a 20 million dollar investment package planned for th...