News
Sav launches MyMoney for better money management
Sav announced the launch of Sav ‘MyMoney’, which will help the mass-affluent UAE residents track, analyze, and gain deeper insights into their cash flow. Available now on the Sav app, ‘MyMoney’ consol...
PostEx secures $7.3 million to consolidate its market leadership in Pakistan
Pakistan’s leading fintech startup PostEx announced the successful closure of its $7.3 million pre-Series A funding round that was led by Conjunction Capital and other investors including Dash Venture...
BluSmart secures $24 million in a Pre-Series B funding round
BluSmart successfully secured $24 million in a Pre-Series B funding round, which saw the participation of new investors comprising notable names, including responsAbility Investments AG, Sumant Sinh...
BKN301 unveils its new strategy to transform the financial ecosystem
BKN301 Group, leading digital payments and Banking-as-a-Service (BaaS) provider in the MENA region unveiled a new strategy to transform the financial ecosystem and increase traditional banks’ re...
Mastercard and Scale to accelerate market deployment for fintech’s
Mastercard has partnered with Scale, an issuer orchestration partner, to accelerate market deployment for fintech companies across Africa and the Middle East. The collaboration will alleviate key tech...
ESET discovers financial fraud targeting Mobile users
ESET Research discovered an uncommon type of phishing campaign targeting mobile users, and analyzed a case observed in the wild that targeted clients of a prominent Czech bank. This technique is notew...
Zoom unveils one million attendee capability for Zoom Webinars
Zoom Video Communications announced the launch of its new single-use webinar offering, which can host up to one million attendees. In addition to its monthly and annual webinar subscription options, Z...
Yalla Plus raises $2.7 million in seed funding
Yalla Plus, a Riyadh-based startup, announced the successful closure of its seed investment round. The round raised $2.7 million, led by Merak Capital, with participation from Khwarizmi Ventures, Isom...
Saudi based Resal raises a $9 million in funding round
Resal, the leading Saudi company in digital cards, rewards solutions, and loyalty programs, announced the successful closure of a $9 million investment round. Participation came from Derayah Ventures ...