Paytm Mall faces data breach by ‘John Wick’ – denies reports
The e-commerce arm of India's fintech giant Paytm, Paytm Mall is denying reports claiming its data breach by a known hacker 'John Wick'
Fintech
Bengaluru’s Avail Finance bags $11.5 Mn from Alphawave and Matrix
Bengaluru's Avail Finance, a micro-lending startup has today raised $11.5 million in from Alphawave Incubation Fund and Matrix Partners.
Stack Finance – Bengaluru’s finance platform raises seed funding
Bengaluru's millennial-focused finance platform Stack Finance has recently closed a seed funding round of undisclosed sum led by SOSV
Qatar’s Cwallet secures over $500K to facilitate banking via Blockchain
Qatar's cwallet is a fintech startup with the first and only mobile application to facilitate banking via blockchain technology.
Egypt’s Paymob raises $3.5M from Global Ventures and Dutch Entrepreneurial Development Bank FMO
Cairo, Egypt-based fintech startup Paymob last week raised $3.5 million from Global Ventures and Dutch Entrepreneurial Development Bank FMO
Open Banking is gaining momentum in Bahrain and the wider MENA region
The Open Banking revolution in MENA has been kickstarted by the Central Bank of Bahrain, making it the first in the Middle East
DIFC launches new Innovation License to boost creativity and entrepreneurship
The new Innovation License by DIFC will attract new types of businesses to the Centre and is a key initiative for the Dubai Future District.
Payment International Enterprise attains a new height of payment security with PCI DSS 3.2.1 certification
Payment International Enterprise, one of Bahrain's largest FinTech companies has successfully attained the PCI DSS (PCI Data Security Standard) Compliance Certification.
Mumbai’s fintech startup Eduvanz bags $5 Mn from Sequoia India
Eduvanz, Mumbai-based NBFC has raised $5 million in a Series A round led by Sequoia India, with participation from its existing investor, Unitus
Unprecedented number of startups apply for DIFC FinTech Hive’s latest accelerator programme
DIFC FinTech Hive has attracted an unprecedented 620 global, regional and local applications for the signature programme.
Denarii Cash signs strategic partnerships in 11 countries to offer digital money transfer services
Dubai's Denarii Cash, a mobile money transfer app for expatriates in the UAE, has recently announced strategic partnerships 11 countries.
PayBy partners with LuLu to provide contactless & secure payment options
UAE's PayBy has reportedly partnered with LuLu Group, and launched contactless payment options across LuLu's 60 hypermarkets and stores in the UAE.