Riyad Bank launches new fintech fund of $26.6Mn
Riyad Bank on Tuesday launched its digital partnership program, with an investment of SR100 million ($26.6 million) investment fund for fintech startups.
Fintech
DIFC Receives Delegation from US-UAE Business Council
DIFC hosted a delegation from the US-UAE Business Council - US FinTech Mission, reinforcing its strategic emphasis on innovation and financial technology...
DIFC Receives FinX FinTech Hub of the Year Award
The Centre recognised for role in identifying new avenues for facilitating innovation and excellence within the financial technology sector.
DIFC receives ‘Best Financial Innovation Lab’ award by Global Finance
The award highlights DIFC's sustained efforts to transform the region’s FinTech ecosystem and drive sustainable economic growth.
HAYVN Launches Capital Raise to Drive Next Phase of Growth
HAYVN, the global digital currencies platform, is raising up to $5m to fuel the next stage of the company’s growth...
ADGM Welcomes Nominations for FinTechAd Awards
The awards will be decided by an independent panel of industry experts and will recognise the contributions of leading figures in the FinTech ecosystem.
Foloosi Raises $500K to Keep Augmenting its POS Solutions
Foloosi today raised a seed fund of $500,000 from existing investor Rasheed Alfalasi along with new investor Mohammed Alsuwaidi.
Dubai-backed Swiss Fintech Startup ‘Numbrs’ Turns Unicorn
Numbrs, backed by Investment Corporation of Dubai and Josef Ackermann raised fresh capital to value the company at more than $1 billion.
Egyptian Fintech Startup NowPay Raises $600k from 500 Startups and Endure Capital
Cairo-based fintech startup, NowPay has raised $600,000 seed funding from Silicon Valley’s Endure Capital and 500 Startups.
UAE’s Foloosi Crosses AED 1 Mn Bi-Annual Gross Transaction Value
Launched in January this year, Foloosi yesterday crossed AED 1 million bi-annual gross transaction value (GTV)...
Dubai’s Foloosi Raises Six-Figure Investment to Make Cashless Payments Easier
Dubai-based fintech startup Foloosi on Tuesday raised a six-figure investment from a regional angel investor Rashed Alfasali. The amount hasn’t been disclosed and the funding will be utilised to accelerate product development efforts. Foloosi’s consumer mobile app (mobile wallet) available…
Dubai-based Foloosi – Empowering Digital Economy with its POS System
Dubai-based Fintech startup Foloosi is facilitating consumer-to-business card payments via QR code, Payment Link and API integrations...