Abu Dhabi fintech FlapKap secures $34M in debt and equity funding
The funding round was led by BECO Capital and welcomed significant new investment from Pact VC. The round also included…
FinTech
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Emirates Development Bank launches AI Wave program to embed AI across the organization
Emirates Development Bank ("EDB"), the key financial engine of economic development and industrial advancement in the UAE, has launched its…
Grath expands operations to the Middle East
This expansion marks a significant milestone in Grath’s mission to provide world-class financial services, innovative regulatory compliance solutions, and cutting-edge…
Ziina banks $22M as growth explodes for the UAE-based fintech for small businesses
In June 2021, Ziina, fresh from completing YC’s first cohort that year and securing a $7.5 million seed, launched its…
Mozn: Pioneering AI solutions in fintech, fraud prevention, and compliance
This recognition underscores the impact of Mozn’s innovative platform, FOCAL, which underscores the company’s commitment to advancing risk and compliance…
Oman figures high in list of world’s cybersecurity-advanced countries
The Sultanate of Oman occupied a prominent place in the top list of the world’s “cybersecurity-wise most prepared countries”, according…
Tarabut Acquires UK Payments Platform Vyne Ahead of New MENA Regulatory Requirements
Tarabut, has announced the acquisition of London-based Vyne, a real-time account-to-account (A2A) payments platform for online businesses. This strategic acquisition,…
BNPL fintech Tabby buys Saudi digital wallet start-up Tweeq
Middle Eastern buy now, pay later (BNPL) fintech Tabby has inked a deal to acquire Tweeq, a Saudi Arabian digital…
GBST wins Best EMEA Wealth Platform Technology Provider for Composer at International FinTech Awards for the second year running
GBST has been named Best EMEA Wealth Management Administration Platform 2024 in the Wealth & Finance International FinTech Awards. The…
Rent-now and pay-later startup wins KPMG's Global Tech Innovator competition
The Global Tech Innovator competition is an incubator and accelerator for innovative tech startups. This year, over 100 startups applied…
Newgen launches trade finance platform in the Middle East
Newgen Software Technologies Ltd. has launched its trade finance platform in the Middle East. Banks and financial companies from…
Digitising, diversifying and transforming multiple industries
They must deepen connections with their customers and boost engagement with more tailor-made, personalised offerings. Technology plays a central role…