Fintech

NEWS DESK

TOTL Revolutionises Customer Retention with Dynamic QR Tech at Fintech Surge 2024

News Desk 10/10/2024

Fintech Surge 2024, the Middle East’s leading event for financial technology, is buzzing with new innovations aimed at transforming customer engagement and loyalty. Among the standout companies showcasing at this year’s event is TOTL, a pioneering Dubai-based fintech firm, set to make a

NEWS DESK

Halan and Truecaller Collaborate to Redefine Communication Safety in Egypt’s Fintech Landscape

PR News Desk 30/09/2024

Halan, Egypt’s leading financial super app, has announced a strategic partnership with Truecaller, the premier global platform for verifying contacts and blocking unwanted communication. This collaboration enables Halan customers to verify calls, enhancing safety and streamlining communication through with Truecaller’s Verified Business Caller ID solution suite. As a

NEWS DESK

Sol.online a Fintech Powered Accounting Company Officially Launches in Dubai

PR News Desk 25/09/2024

Sol.online, a fintech-powered services company, proudly announces its official launch in Dubai, with the mission to support businesses across the UAE and GCC, and manage their accounting and compliance needs through a team of professional accountants with solid local experience. The company leverages advanced AI-powered solutions to simplify financial

NEWS DESK

AI in fintech: How HyperPay leverages cutting-edge technology to transform payment gateways

PR News Desk 23/09/2024

In the rapidly evolving digital age, artificial intelligence (AI) has emerged as a game-changer, revolutionising industries across the spectrum by offering unprecedented opportunities for growth and propelling businesses to new heights of success. Like any other industry, AI has had a profound effect on the fintech sector, transforming the industry at its core. Within this

NEWS DESK

FinTech firm FlapKap and Logistics giant Aramex collaborate to Turbocharge SME funding

PR News Desk 14/08/2024

Aramex, a global leader in logistics and transportation, renowned for its innovative services tailored to businesses and consumers, today announced a strategic partnership with FlapKap, MENA’s leading revenue-based financing platform.  The collaboration aims to support new and existing Aramex merchants, small and medium e-commerce businesses (SMEs) based in the UAE to

Tech

Payment card tech spend to reach $13.6 billion globally by 2029

Arnold Pinto 14/08/2024

Propped by banks targeting premium users According to a new study, issuer spending on card technology is projected to surge from $9.8 billion globally in 2024 to an impressive $13.6 billion by 2029. This 39% increase underscores a strategic shift among banks and card issuers. Their aim is precise: to attract high-value customers by introducing […]

Banking

Tech Mahindra and Finastra forge strategic alliance

News Desk 08/08/2024

To drive digital transformation for corporate banks Tech Mahindra, a global technology consulting and digital solutions provider based in Maharashtra, India, has signed a strategic partnership with London, UK-headquartered Finastra, a global leader in financial software applications and marketplaces, to transform corporate banking operations through enhanced digital

Web 3.0

Ibanera partners with RAK DAO for UAE foray

News Desk 07/08/2024

Dynamic Web3 ecosystem in focus Ibanera, a prominent US-based fintech platform, has partnered with RAK Digital Assets Oasis (RAK DAO), a free zone dedicated to digital assets and Web3 innovation. The strategic collaboration will leverage RAK DAO’s extensive network to boost Ibanera’s presence in the UAE’s growing digital asset market. Ibanera is an API-driven

Banking

Neo banking can transform the fintech sector

News Desk 17/07/2024

Including significantly lowering operational costs In the wake of a post-pandemic era marked by accelerating digital financial solutions, the potential of neo-banking to revolutionise the banking landscape is exciting and inspiring. Neo-banking, characterised by digital-only operations without physical branches, represents a pivotal shift towards a cashless society driven

NEWS DESK

Mozn Named Among World’s Top FinTech Companies in 2024 for Second Consecutive Year

News Desk 15/07/2024

Mozn, the Saudi regional leader in enterprise AI technologies, has been recognized as one of the Top 250 FinTech Companies globally by CNBC and Statista, a leading statistics firm. This marks the second consecutive year Mozn has been awarded this prestigious accolade. The “World’s Top Fintech Companies 2024” report by CNBC and Statista aims to […]

Business Finance

UAE appeals to deVere Group’s financial services graduates

News Desk 08/07/2024

New Zealand and Italy also favoured Dubai-based deVere Group, a prominent player in global financial advisory services, has revealed that the top three international destinations for its financial graduates in the first half of 2024 are the United Arab Emirates (UAE), New Zealand, and Italy. The designation underscores a trend towards these three countries as […]

Business

Global Embedded Payments Set To Surge 134% By 2028

Arnold Pinto 24/06/2024

Up From $1.1 Trillion In 2024 According to the latest report released by Juniper Research, a leading expert in fintech and payment markets, the global transaction value from embedded payments is projected to skyrocket by 134% by the year 2028, up from $1.1 trillion in 2024. The report, titled Global Embedded Finance Market 2024-2028, underscores […]

NEWS DESK

Saudi Arabia fintech finalists unveiled for 2024 Visa Everywhere Initiative

News Desk 30/05/2024

Visa has announced the Saudi Arabia finalists that will compete at the Saudi Arabia, Bahrain and Oman edition of the 2024 Visa Everywhere Initiative (VEI), a global open innovation program and competition that sees fintech startups pitch their solutions to solve tomorrow’s payment and commerce challenges.  This year’s VEI in Saudi Arabia, Bahrain and Oman […]

Banking Business UAE

Comera Pay Obtains UAE Central Bank In-Principle Approval

News Desk 28/05/2024

In Boost To Regional Fintech Sector Comera Financial Holding, headquartered in Abu Dhabi, United Arab Emirates (UAE), has achieved a significant milestone with its fintech subsidiary, Comera Pay. The latter has secured an In-Principle Approval from the Central Bank of the UAE to operate under the Stored Value Facilities (SVF) and Retail Payment Services and […]

NEWS DESK

HyperPay unveils innovative payment solutions for fintech sector at Seamless Middle East 2024

News Desk 20/05/2024

HyperPay, the leading payment gateway provider in MENA, showcased its cutting-edge payment solutions and services at Seamless Middle East 2024, held at the Dubai World Trade Centre from May 14 to 16, 2024. The company utilised the platform to share valuable insights and long-standing expertise in positively transforming the regional fintech

NEWS DESK

UAE’s Fintech Fortis Secures $20M in a Series A Round

PR News Desk 17/04/2024

Fortis, a retail tech and fintech solutions provider tailored for SMEs, announced the successful completion of Series A funding round, raising $20 million in investment led by Opportunity Venture (Asia). This funding marks a significant milestone in Fortis’ journey as it embarks on a mission to revolutionize the retail tech and fintech landscape in the […]

Blockchain & Cryptocurrency Business UAE

Fasset Unveils Its Digital Asset Exchange App In UAE

Arnold Pinto 31/03/2024

UAE Is Fintech Startup’s Second Global Market Dubai-headquartered fintech startup Fasset has launched its digital asset exchange app and made it accessible to UAE-based users. The launch follows Fasset’s attainment of a Virtual Asset Service Provider (VASP) licence from Dubai’s Virtual Asset Regulatory Authority (VARA) in November 2023, positioning the startup as one

Business

Emtel Signs Fintech Partnership With WebEngage

PR News Desk 29/03/2024

Pact Enhances Blink App’s Offering In Mauritius Emtel, the Mauritian telecom network operator, has entered a partnership with WebEngage, a marketing technology innovator, to provide innovative financial services through Emtel’s blink mobile app in Mauritius. blink allows users with a Mauritian bank account to make digital payments using a mobile network through a digital

NEWS DESK

BKN301 introduces cutting-edge BaaS Orchestrator platform in MENA region

PR News Desk 25/03/2024

BKN301 Group, a leading digital payments and Banking-as-a-Service provider in the MENA region, unveiled its cutting-edge BKN301 BaaS Orchestrator solution with the objective of radically transforming the MENA region’s financial landscape. The cutting-edge platform seeks to empower businesses of all sizes, particularly fintech companies and traditional banks, with the

NEWS DESK

HR & Fintech Platform RemotePass Secures $5.5 Million in Series A Funding Led by 212vc

PR News Desk 05/03/2024

RemotePass, an HR & Fintech platform that helps companies onboard, manage, pay, and retain remote workers, has secured $5.5 million in Series A funding. The oversubscribed round was led by 212 VC with participation from investors in the US, Europe, and the Middle East, including Endeavor Catalyst, Khwarizmi Ventures, Oraseya Capital, Flyer One Ventures, Access […]