FinTech
24 Fintech to redefine the global financial ecosystem
Saudi Arabia’s position as a major fintech hub will take a stride forward tomorrow when the new three-day 24 Fintech summit and exhibition opens at the Riyadh Front Exhibition & Conference Centre.
South African fintech Omnisient raises $7.5 million from Arise
South African fintech startup Omnisient has raised $7.5 million in Series A funding from Arise, a company that invests in African financial service providers and fintechs that advance financial inclus...
PostEx secures $7.3 million to consolidate its market leadership in Pakistan
Pakistan’s leading fintech startup PostEx announced the successful closure of its $7.3 million pre-Series A funding round that was led by Conjunction Capital and other investors including Dash Venture...
Mastercard and Scale to accelerate market deployment for fintech’s
Mastercard has partnered with Scale, an issuer orchestration partner, to accelerate market deployment for fintech companies across Africa and the Middle East. The collaboration will alleviate key tech...
UAE-based fintech Yuze raises $30 million investment
In a significant move for the fintech landscape in the United Arab Emirates, the UAE-based startup Yuze has successfully raised $30 million in a recent investment round led by Osten Investments.
Mozn named among World’s Top FinTech Companies in the world
Mozn has been recognized as one of the Top 250 FinTech Companies globally by CNBC and Statista, a leading statistics firm. This marks the second consecutive year Mozn has been awarded this prestigious...
Aura Finance addressing the financing needs of SMEs
Shahrukh Ghazali, co-founder of Aura Finance, talks about their unique SME financing solutions, winning the Fintech Startup Innovator award, overcoming early challenges, and future plans for growth an...
Mitgo Group to invest $20 million in its fintech arm Capy
Mitgo Group, has made the first tranche of investment in its recently launched fintech business, Capy. This investment will be the initial step in a 20 million dollar investment package planned for th...
SiFi secures $10 million funding led by Sanabil and RAED Ventures
Saudi Arabia-based fintech Simplified Financial Solutions Company (SiFi) has successfully closed a $10 million seed funding round spearheaded by Sanabil Investments and RAED Ventures. The round also a...