Dubai’s fintech UPFRONT raises $10 Million Pre-Seed to tackle SMB cash flow challenges
Dubai fintech UPFRONT raises $10 million pre-seed to solve SMB cash flow inefficiencies in MENA, led by Palm Ventures and SABAH.fund.
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Cuzdan LLC Partners with PayTabs Group to Drive Azerbaijan’s Digital Payments Growth
Cuzdan launches nationwide payment orchestration platform powered by PayTabs' technology to boost financial inclusion and unlock opportunities for businesses and consumers.
Saudi Arabia’s fintech startup Bwatech scores $16 Million to Expand Corporate Financial Solutions
Saudi fintech startup Bwatech has raised $16 million in a Sharaka Financial-led round to scale its corporate banking solutions, advance open banking infrastructure, and accelerate Saudi Arabia’s financial sector transformation under Vision 2030.
Saudi Arabia’s Spare Raises $5 Million to Transform Open Banking Across MENA
Riyadh-based fintech will use funding to scale API integrations, enhance product development, and accelerate regional adoption of secure, real-time financial connectivity.
Foodics and Lean Technologies partner to empower restaurants with Open Banking and Cashflow Intelligence
Foodics partners with Lean Technologies to bring Open Banking and cashflow insights to Saudi restaurants, boosting financial visibility and growth.
UAE-based Armoir Secures $500K Seed to Disrupt Premium Luggage Sector
UAE-based Armoir bags $500K seed funding to expand into Europe & MENA, targeting the premium luggage market projected to hit US$75B by 2031.
Ex-WhatsApp Security Chief Attaullah Baig Sues Meta Over Mass Data Access & Retaliation
Ex-WhatsApp security chief Attaullah Baig alleges Meta ignored major privacy flaws, gave engineers unchecked access to user data, and retaliated against him.
OpenAI Acquires Seattle-Based Startup Statsig for $1.1 Billion
The $1.1 billion all-stock deal brings Statsig’s product experimentation platform in-house at OpenAI, with founder Vijaye Raji stepping in as CTO of Applications.
Judge Delays Anthropic’s $1.5 Billion Settlement With Authors, Microsoft Seeks Collaboration
U.S. Judge William Alsup scrutinizes Anthropic’s $1.5 billion settlement with authors over pirated books, Microsoft to adopt AI models of Anthropic via AWS
European Commission hits Google with €2.95 Bn Antitrust fine; Trump warns of trade retaliation
The European Commission has fined Google €2.95 billion for abusing its dominance in the adtech market by favouring its own services. Google plans to appeal, while U.S. President Donald Trump slammed the ruling as “unfair” and threatened trade retaliation under Section 301.
Google U.S. Antitrust Verdict: What Turned the Tables for the Tech Giant – A Victory or Ultimatum?
Google trial ends with Chrome spared but a $425M privacy verdict and new data-sharing orders, redefining the fight over Big Tech dominance.
Riyadh’s OmniOps and California’s Groq Join Forces to Scale AI Deployment in Saudi Arabia
OmniOps and Groq join forces to deploy sovereign, high-performance AI infrastructure across key Saudi sectors in alignment with Vision 2030 and national data strategy.