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Checkout.com and Mastercard Partner to Bring Virtual Cards to Online Travel...

Checkout.com, a leading global digital payments provider, has announced a partnership with Mastercard to bring virtual cards to Online Travel Agents. As part of the Mastercard Wholesale Program, which...

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Saudi Robo Advisor Abyan Capital Secures $18 Million Series A

Abyan Capital, the first robo-advisory company to launch in Saudi Arabia, announced the closing of a SAR68 million ($18 million) Series A round led by STV with participation from Wa’ed Ventures and RZM...

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Austrian Crypto Platform Bitpanda Expands Into the UAE

On of the largest European crypto platform and infrastructure provider Bitpanda has announced plans to expand to the Middle East, with the launch of Bitpanda MENA. Bitpanda will match the region’s...

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Ant International to Expand Into Saudi Arabia

The Ministry of Investment of Saudi Arabia (MISA) has signed a Memorandum of Understanding (MoU) with Ant International, to facilitate the business expansion into the Kingdom. Ant International’s...

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Finamaze Opens Tech Hub in DIFC

FinaMaze announced its new technology hub, FinaMaze Technologies, based in the Dubai International Financial Centre (DIFC). This move represents a strategic pivot toward a business-to-business (B2B)...

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The Top 13 Fintechs From Egypt

Forbes Middle East has released its annual selection of the Middle East’s top fintech companies, highlighting the 50 biggest and fastest-growing public and private fintech firms in the region. The 2024...

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Chris Skinner Co-Founds Fintech Startup in Egypt

Ramses, an American Fintech startup, revealed its strategy for the upcoming period. The Company aims to establish its business model in Egypt and Sudan in 2024, while also focusing on expansion and...

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Egyptian Financial Management Platform Swypex Secures $4 Million Seed Round

Swypex announced its launch following a $4 million seed investment round, led by the renowned venture capital fund Accel. This marks Accel’s first fintech investment in the region. The investment also...

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Top 10 Fintech Events in Saudi Arabia in H2 2024

Saudi Arabia’s fintech industry has surged over the past years, with the number of companies operating in the sector more than doubling in 2023 compared to the end of 2022, Ayman Al-Sayari, governor of...

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Apex Group Expands Across the Middle East With New Saudi Arabia Office

Global financial services provider, Apex Group, has launched a new office in the Kingdom of Saudi Arabia, further expanding its footprint across the Middle East. Regulated by Saudi’s Capital Market...

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Singapore’s Golden Gate Ventures Closes US$100 Million MENA Fund

Golden Gate Ventures, a Singapore-based venture capital firm, has successfully closed the first US$100 million MENA fund. It is said to be the first international VC fund to be set up and managed...

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Liwwa Secures $5 Million Loan From DFC to Enhance SME Fintech Support in Jordan

In a stride towards advancing financial inclusion and bolstering small and medium enterprises (SMEs) in Jordan, liwwa  announced the signing of a $5 million loan agreement with the United States...

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Dubai Proptech Startup Keyper Raises $34m

UAE Proptech company Keyper, announces a pre-series A capital raise of US$4 million in equity. This round was led by top regional venture capital firms BECO Capital and Middle East Venture Partners...

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Swiss Crealogix and Estonian Tuum Form Alliance to Offer Product for Middle East

Swiss Fintech Crealogix and Estonian Tuum, a core banking provider, announced a strategic partnership aimed at revolutionizing the banking and financing landscape in the GCC region. The alliance will...

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Middle East Banking Incumbents Recognize the Need for Digital Transformation

In the Middle East, banking incumbents recognize the need for digital transformation to improve customer experience, enhance operational efficiency, and stay competitive against new, digital entrants,...

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PayTabs and NuMetric Partner to Streamline Invoice Collection for Businesses

PayTabs Group, a Saudi Arabian payment processing company, has announced a new partnership with NuMetric, a financial management and accounting solutions company. This collaboration aims to improve...

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Denys Boiko: How AI is Changing the Way We Bank

The banking and financial services industry has long been interested in the potential value of artificial intelligence. Indeed, AI technology has been used as a means of pursuing efficiency gains and...

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