FinTech

Balad rises USD seven-figure in its pre-seed round

Egyptian venture capital firm Acasia Ventures led the USD seven-figure pre-seed investment round in Cairo-based, remittance-focused fintech startup Balad. The round was joined by Launch Africa, Future...

JoPACC and Rainmaking Innovation to invigorate fintech across Jordan

The Jordan Payments and Clearing Company (JoPACC) and Rainmaking Innovation have signed an agreement to mark the onset of the programs of JoPACC’s newly established fintech incubator, JOIN Fincu...

Proparco to support development of Egypt’s fintech sector

Proparco announced an investment in an early-stage venture capital fund managed by DisrupTech Ventures, to support development in Egypt’s fintech sector and help expand access to financial servi...

e& to address SME credit gap across GCC region

e& enterprise, part of e&, announced the signing of a binding agreement to acquire a majority stake in Beehive to tap into opportunities in the Small and Medium Enterprise (SME) lending market...

New IBA report outlines fintech regulatory frameworks

A new report from the International Bar Association Banking Law Committee (IBA BLC), provides an overview of the financial technology (fintech) regulatory frameworks of 39 jurisdictions acrossAfrica, ...

Alaan becomes the first Middle Eastern company to integrate OpenAI

Alaan, a UAE-based corporate spend management fintech, has announced the integration of OpenAI’s advanced artificial intelligence technology onto its user platform to provide relevant insights o...

Visa’s Akshay Chopra joins MENA Fintech Association advisory board

MENA Fintech Association (MFTA), a leading industry association for fintech in the Middle East and North Africa (MENA) region, announced that Akshay Chopra, Vice President, Head of Innovation & De...

Saudi Financial Academy and AstroLabs to launch fintech bootcamp

The Saudi Financial Academy and AstroLabs have come together to offer a future-forward data for fintech training program aimed at inspiring the next generation of fintech pioneers in Saudi Arabia.

Codebase Technologies and SBM to drive innovation in the financial sector

Codebase Technologies has partnered with Saudi Business Machines (SBM) to drive innovation in the financial sector in Saudi Arabia and MENA region, providing ready-to-market digital enablement solutio...