FinTech
DIFC retains its top spot
Dubai International Financial Centre (DIFC) has announced that during the first nine months of 2022, the number of FinTech and innovation firms joining DIFC exceeded the total that established operati...
Geidea reaffirms its commitment to build an inclusive fintech sector
Geidea is launching an open and fully sponsored training programme in partnership with The London Institute of Banking & Finance (LIBF) to support women in fintech in Saudi Arabia.
MENA fintech hubs must build on billion-dollar momentum
The GCC has cemented its position on the map as a center for financial technology (fintech) in recent years. But the region cannot afford to rest on its laurels and must build on the momentum by encou...
FinTech becomes the fastest growing sector in DIFC
Dubai International Financial Centre has continued to attract exceptional interest from financial technology firms, making FinTech the Centre’s fastest growing sector.
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...