FinTech
PayBy continues to disrupt fintech landscape
PayBy has been licensed by the Central Bank of the UAE to conduct Stored Value Facility (SVF) and Retail Payment Services (RPS) operations. The license represents one of the country’s highest le...
PwC identifies top trends driving the banking ecosystem in the Middle East
PwC Middle East hosted its inaugural Financial Services Horizons – Annual GCC Leadership Meet featuring guest speaker Brett King, an Australian futurist, best-selling author and co-founder of Mo...
Saudi fintech company Manafa secures SAR 106 million in Series A round
Leading Saudi fintech company Manafa has announced the closing of its Series A round of SAR 106 million (US$28 million) led by STV and Wa’ed Ventures, the venture capital arm of Saudi Aramco.
Fintech Galaxy acquires Egyptian Open Banking platform, Underlie
UAE-based Fintech Galaxy, the first Central Bank-regulated Open Finance platform in the Middle East, announced the acquisition of Underlie, an Egypt-based Open Banking platform offering APIs to banks ...
Geidea partners with Magnati to provide customer experiences in the metaverse
Saudi Arabia-based fintech firm Geidea has partnered with Magnati, a payment solutions industry leader, to enable merchants to provide seamless customer experiences in Magnati MetaV – the first metave...
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.