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
Fintech
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.
tabby & Souqalmal.com offer ‘ZERO Fee Monthly Plan’ for insurance in the UAE
Souqalmal dials up its COVID-19 relief efforts - Becomes the first comparison site in the country to offer free-of-charge monthly payment plan
Finin – Neobanking startup scoops funding from Unicorn India Ventures
Bengaluru-based neobanking startup, Finin on Monday closed a Pre-Series A round from Unicorn India Ventures' Fund II, PointOne Capital and Astir Ventures.
InCred scoops INR 500 Cr debt funding
Mumbai-based InCred today raised INR 500 crore (around $6.8 million) from a number of public sector banks and financial institutions.
Al-Futtaim Group partners with UAE’s Tabby to provide flexible shopping experience
Dubai, UAE-based Al-Futtaim Group has partnered with Dubai's fintech startup Tabby that provides 'buy now, pay later' option to customers
Turkey’s fintech Mobilexpress scoops $2 Mn funding from Instanbul’s Collective Spark
Mobilexpress, an Istanbul, Turkey-based fintech startup has recently raised a whopping $2 million in a Series A round led by Istanbul's Collective Spark.