FinTech

Arab Bank backs Egyptian cybersecurity, FinTech and AI startups

Arab Bank has launched an Egypt branch of its FinTech, artificial intelligence (AI) and cybersecurity accelerator. Arab Bank has recently launched its fintech-focused corporate accelerator programme “...

DIFC grants Innovation Testing Licence to Mamo

Mamo, the UAE-based FinTech company, has been granted an Innovation Testing Licence to operate in or from Dubai International Financial Centre (DIFC), the global financial centre and leading FinTech h...

QFTH announces the Demo Day for Wave 2 of its flagship Incubator and Accelerator program

Qatar FinTech Hub (QFTH), founded by Qatar Development Bank (QDB) to support the growth of the FinTech industry in Qatar, has announced the Demo Day for Wave 2 of its flagship Incubator and Accelerato...

DIFC successfully concludes the month of innovation

Following the launch of DIFC Innovation Hub, Dubai International Financial Centre (DIFC) has successfully concluded a full month dedicated to innovation which ran until 22 June 2021. The Innovation Mo...

Ziina secures $7.5 million in its latest funding round

Ziina, the UAE’s first Peer-to-Peer (P2P) payment application, which is backed by Y-Combinator (YC), announced its latest funding round of $7.5 million. The round which closed in May 2021 will help th...

Dibsy secures $300,000 in pre-seed funding

With the funding, Dibsy will invest in new hires and business development to grow its market share in Qatar. The company will also broaden its scope to offer more services around its payment solutions...

Dubai launches DIFC Innovation Hub to spearhead the growth of FinTech sector

His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai and President of the Dubai International Financial Centre (DIFC), today officially opened the DIFC Innovation Hub,...

SCA and MoE launch Fintech Megathon 2021 in the UAE

Under the patronage of H.E. Abdullah bin Touq Al Marri, Minister of Economy (MoE) and Chairman of the Board of the Securities and Commodities Authority (SCA), the Fintech Megathon 2021 was launched in...

CE-Ventures to invest AED 1 billion in startups by 2022

CE-Ventures, the corporate venture capital platform of UAE-based Crescent Enterprises, has announced that it is doubling its venture capital investments in start-ups to reach AED 1 billion (USD 272 mi...

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