FinTech
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FinTechSAMA Announces the Cancellation of FAS Finance’s License
The Saudi Central Bank (SAMA) has canceled the license granted to FAS Finance for practicing micro consumer financing through fintech…
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FinTechSAMA Grants Darb Pay a License to Provide Electronic Payment Services
The Saudi Central Bank (SAMA) has granted Darb Pay for Information Technology a license to operate electronic payment services through…
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FinTechUAE Ministry of Finance Announces Commitment to Implement the Updated Global Tax Information Exchange Standard CRS 2.0
The UAE Ministry of Finance announced its commitment to implementing the updated tax information exchange standard “CRS 2.0” issued by…
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VentureFinTechDisrupTech Ventures invests in Morocco’s Chari to digitize financial operations
DisrupTech Ventures, a venture capital firm focused on fintech investments, has announced its participation in the Series A extension round…
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VentureFinTechMidLyr Closes $2.5 Million Pre-Seed Funding Round to Reduce Operational Risks in Banks and Financial Institutions
MidLyr, a technology infrastructure company leveraging artificial intelligence to serve banks and fintech institutions, has announced the closure of a…
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FinTechGITEXe& money and Contact Financial partner to enhance consumer financing experiences and empower customers
e& money, a subsidiary of e& Egypt, has signed a partnership agreement with Contact Financial Holding to introduce innovative financing…
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VentureFinTechUPFRONT Secures $10M Pre-Seed to Tackle $250B SMB Liquidity Problem Across MENA
Dubai-based fintech startup UPFRONT has secured a $10 million pre-seed round, a mix of equity and debt allocation, to tackle…
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FinTechAirwallex Builds Middle East Presence With UAE Approval and New Saudi Entity
UAE Approval: Airwallex secures in-principle approval from the UAE Central Bank for Stored Value Facilities and Retail Payment Services licences.…
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FinTechMastercard Signs MoU with the Central Bank of Syria
Mastercard has signed a Memorandum of Understanding (MoU) with the Central Bank of Syria to develop national payment systems. The…
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