Ebury becomes the first firm to offer regulated money services from DIFC
DIFC, on Tuesday, announced that Ebury, a leading global fintech has been granted a Financial Services licence to provide money services.
Fintech
UAE’s tabby bags a whopping $23 Mn Series A funding
UAE-based 'Buy Now, Pay Later' fintech startup tabby, on Tuesday, raised $23 million Series A led by Arbor Ventures and Mubadala Capital.
CRED, fintech startup bags a whopping $80 Mn in Series C
Bengaluru-based Credit card payments platform CRED, on Tuesday, announced that it has scored $80 million in Series C round,
FinaMaze, AI-powered asset management firm launches in ADGM, UAE
Abu Dhabi-based FinaMaze announces the launch of its ground-breaking AI-powered Robo Asset Manager for the MENA region.
True Balance, fintech startup raises $28 Mn Series D funding
Gurugram and Korea-based mobile balance management service startup, True Balance, raised a whopping $28 million in Series D funding round.
Ripple chooses Dubai International Financial Centre for Regional Headquarters
DIFC, on Saturday, announced that Ripple, the enterprise blockchain solution for global payments, has established its regional headquarters in the Centre.
Gurugram’s BASIC Home Loan raises $500K seed funding from Germany’s Picus Capital
Gurugram, Haryana-based BASIC Home Loan, on Monday raised a $500,000 in a seed funding round from Picus Capital, Germany.
CredAble, Mumbai-based fintech startup raises $2.5 Mn funding
Mumbai, Maharashtra-based fintech startup CredAbale on Saturday raised INR 18.14 crore (around $2.5 million) from a group of angel investors.
PayPal to venture into cryptocurrency buying, selling and shopping
PayPal Holdings Inc. on Wednesday announced that it is set to allow customers to buy, sell and hold cryptocurrencies.
Ex-Paytm Shankar Nath launches Junio, a kids-focused fintech startup
Ex-Paytm senior vice president, Shankar Nath after a two-year sabbatical has launched Junio, a kids-focused fintech startup.
India’s fintech startup Razorpay raises $100 Mn, enters unicorn club
Bangalore, Karnataka-based Razorpay, on Monday, 12 October 2020, raised $100 million to enter the unicorn club.
Egypt’s fintech startup NowPay secures $2.1 Mn Seed funding
Cairo-based Fintech startup NowPay, on Sunday, 11 October 2020, told LAFFAZ that the company has raised a $2.1 million seed funding.