FinTech
Wildfire Systems secures strategic investment from Citi Ventures
Wildfire Systems, an innovative fintech platform that powers white-label reward programs and shopping companions, announced that it has secured a strategic investment from Citi Ventures. The funding w...
UAE Ministry of Economy partners with FOODICS to boost F&B SME growth
The UAE Ministry of Economy has recently announced a strategic partnership with FOODICS, the leading cloud-based restaurant technology and payments platform in the MENA region to foster SME growth loc...
UAE-based FinTech, Mamo bags regulatory approvals for providing money services
UAE-based FinTech and financial services platform for SMEs, Mamo announced that it has been granted regulatory approval to operate from DIFC, and also the license has been granted by the Dubai Financi...
Alternative growth financing platform, erad raises $2.4 million in pre-seed funding
erad, the alternative growth financing platform for online businesses across the Middle East, today announced that it had raised $2.4 million in capital. The pre-seed funding round was backed by UAE-b...
Bahrain launches region’s first fintech venture studio, HP Spring Studios
Al Waha Fund of Funds, managed by Bahrain Development Bank, and international investment firm Hambro Perks have announced the launch of HP Spring Studios, the MENA region’s first fintech venture...
Turkish fintech startup, Fimple rolls out its global plans
Istanbul-based fintech startup, Fimple has already secured nearly $2 million in investments and now the company has ambitious plans for global expansion. The launch of its operations in London earlier...
Ziina all set to enter Jordan
Ziina is coming to Jordan. Having launched their digital wallet in February 2022, and their proprietary payment keyboard, the Ziiboard, just this month, the Jordanian expansion is the latest milestone...
Nigerian fintech startup, Grey raises $2 m in seed funding
Grey, a fintech started by two Nigerians to simplify sending and receiving foreign payments for Africans, has raised $2 million in seed funding. The service offered by Grey enables its customers to ha...
Saudi rolls out discounted digital signature service
In a bid to support small and medium enterprises (SMEs), fintech companies, and entrepreneurs, sirar by stc and Fintech Saudi sign an agreement to provide a discounted digital signature service packag...