Hubpay – UAE-based digital wallet solution raises seed funding
Dubai's Hubpay, a digital wallet solution for remittances has recently raised seed funding from Signal Peak Ventures, with participation from Falcon Network.
Fintech
London’s TransferWise Expands to MENA – starting with UAE
TranferWise, a London-based global low-cost digital money transfer service has reportedly started operations in the UAE in a move to expand all across MENA
California’s Wellpay raises $3.8 Mn from 8vc, Montage Ventures, Mubadala & more
California's fintech platform for healthcare industry has raised $3.8 million from 8vc, Montage, Mubadala to accelerate its public launch amid COVID-19.
Dubai-based fintech startup Mamo Pay raises $1.5 Mn from Global Founders Capital
UAE-based Mamo Pay, a peer-to-peer payments app on Tuesday (April 7) raised $1.5 million in a seed funding round led by Global Founders Capital
How the Dubai-based insurtech ‘BuyAnyInsurance.com’ is making insurance buying a piece of cake
Dubai, UAE-based BuyAnyInsurance.com capitalises helps users compare various insurance options and make informed buying decisions effortlessly.
Dubai International Financial Centre (DIFC) Reports Record Growth in 2019
Dubai International Financial Centre (DIFC), the leading international financial hub in the Middle East, Africa and South Asia (MEASA) region, announced a record growth in 2019.
DIFC FinTech Hive triples in size to capitalise on exponential sector growth
DIFC FinTech Hive, the first and largest financial technology accelerator in the MEASA region, announces business and innovation space within the Centre.
Rupeek – Bengaluru-based online gold loan provider raises $60 Mn from Binny Bansal & GGV
The Bengaluru-based online gold loan provider Rupeek the present week raised $60 million across two funding rounds.
DIFC reaffirms commitment to advancing Fintech ecosystem
DIFC Authority & DIFC FinTech Hive built strong relationships during world’s largest financial technology event in Singapore to boost FinTech sector across MEASA.
PAYFORT partners with valU to empower Egyptian consumers with multiple payment options
PAYFORT partners with award-winning Fintech app, valU, to allow a broader range of online merchants to offer a ‘buy now, pay monthly’
POSRocket partners with Saudi’s Geidea to offer integrated services
Amman, Jordan-headquartered POSRocket, a cloud-based point of sale enabler on Wednesday signed an exclusive deal with Saudi's Geidea...
DIFC’s FinTech Hive reveals ‘Scale Up Programme’ for FinTech startups
DIFC’s FinTech Hive revealed the launch of a new funding accelerator programme for FinTech start-ups in the MEASA region...