digital payment
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...
Mastercard and SimpliFi partner to enhance digital payment adoption
Mastercard has partnered with SimpliFi, to enhance digital payment adoption in the Middle East and North Africa (MENA). CaaS is an up-and-coming card-issuing model that enables companies to easily dev...
GrubTech and Paymob join hands
Fast-growing startups GrubTech and Paymob have signed a partnership agreement that will pave the way for thousands of restaurants, cafes and cloud kitchens in Egypt to modernize their operations and e...
Nuwa Capital participates in a $1.6M pre-seed round of Saudi-based EdfaPay
Nuwa Capital announced its latest investment in Saudi Arabia, through its participation in a $1.6M (SAR 6M) pre-seed round of Saudi-based fintech company EdfaPay. The round was co-led by Wallan Invest...
SMEs to soon benefit from Tap on Phone payment technology
An estimated 500,000 new merchants across the Middle East and Africa will soon be able to benefit from simple, seamless and convenient digital payment acceptance via Network International’s Tap on Pho...
Saudi based startup, CashIn raises $1.6 million
Saudi based startup, CashIn providing digital payment and points of sale solutions has raised SAR6 million ($1.6 million) in a Seed round led by Investor Mine with the participation of BIM Ventures an...
Dubai becomes the hub for innovative contactless technologies
The global contactless economy is booming, and companies based in Dubai Internet City are playing an integral role in positioning Dubai as an incubator and exporter of innovative contactless technolog...