FinTech
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FinTechSAMA Issues Initial Approval to Establish Rifd Integrated Company for Micro Consumer Finance Services
SAMA announces the issuance of an initial approval to establish Rifd Integrated Company to support micro consumer finance services in…
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FinTechSAMA Licenses “alhulul almuntilaqa” Company to Provide Consumer Microfinance Solutions
The Saudi Central Bank (SAMA) licensed “alhulul almuntilaqa" company to Provide Consumer Microfinance Solutions.
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FinTech
FRA Grants Granite Holding a License to Operate Technology-Based Non-Banking Financial Activities
The Financial Regulatory Authority (FRA) has approved Granite Holding for Financial Investments, a digital asset management platform, to operate non-banking…
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FinTechVenture
Bahrain-Based Floos Secures $22 Million Financing Deal Led by Shorooq to Support Shariah-Compliant Consumer Finance
Floos Bahrain has secured a $22 million credit facility, structured and led by Shorooq, in a move that strengthens the…
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FinTechStartups
MENA Sustainable Finance Market Hits $35.1 billion Led by Financials andEnergy: Bloomberg Intelligence
A new report by Bloomberg Intelligence highlights the continued structural evolution of the Middle East and North Africa’s (MENA) sustainable…
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FinTech
AFS Egypt Launches SoftPOS Solution to Turn Android Phones into Smart Point-of-Sale Devices
AFS Egypt launches a fully licensed SoftPOS solution approved by the Central Bank of Egypt. The service enables Android smartphones…
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FinTech
Financial Regulatory Authority and eFinance Launch Egypt’s First Integrated Digital Payments Network for the Non-Banking Financial Sector
Egypt launches its first integrated digital payments network dedicated to the non-banking financial sector. The platform enables secure electronic registration,…
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FinTechVenture
Ressan Holding Buys 20% Stake in Qirat Advisory to Support Saudi Companies
Saudi-based Ressan Holding has acquired a 20% stake in Qirat Advisory, a company specializing in financial solutions for businesses, with…
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VentureFinTech
Woliz closes a PRE-SEED funding round of $2.2 million led by Sanlam Maroc to support the retail sector in Morocco and Africa
The Moroccan company Woliz announced the completion of a PRE-SEED funding round worth $2.2 million, led by Sanlam Maroc.
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FinTechStartups
Visa Accelerates African Fintech Innovation with 4th Cohort Demo Day in Cape Town
Visa, a global in digital payments, convened founders, investors, corporate partners, and industry leaders in Cape Town for the Visa…
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