FinTech

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...

Bahrain launches Bahrain Supernova Fintech Challenge

The Central Bank of Bahrain (CBB) announced the launch of a series of nation-wide fintech innovation challenges, the Bahrain Supernova. The challenges will be hosted on FinHub 973, CBB’s Digital Lab, ...

Emirates NBD partners with MoniMove to support entrepreneurs, startups and SMEs

UAE based leading regional banking group, Emirates NBD partnered with award winning fintech platform MoniMove to complement the bank’s E20. digital business bank initiative that aims to empower ...

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