Fintech

South African Telecommunication giant MTN receives approval to offer banking services in Nigeria

Reportedly, Abuja, Nigerian regulators have given South African Telecommunication giant MTN the go-ahead to run…

UAE’s SaaS provider FOO to empower MENA businesses through fintech solutions such as BenefitPay, ZainCash and more

Reportedly, software-as-a-Service (SaaS) solutions are among the fastest-growing segments in the IT industry, with total…

UAE robotic startup Micropolis raises $4 million from Mindrock Capital seed round

Dubai-based robotics and autonomous technology start-up Micropolis has raised $4 million in a new investment…

AMD completes its acquisition of Xilinx for leadership computing and graphics

Reportedly, AMD has completed its acquisition of Xilinx in an all-stock transaction. The acquisition was…

UAE digital bank Zand wins backing of investors like Franklin Templeton and Aditya Birla

It is true that Zand, a digital bank helmed by Dubai businessman Mohamed Alabbar, has…

Mashreq uses Israeli monitoring tool ‘ThetaRay’ to detect financial crimes

It is true that Emirati bank Mashreq will use a transaction monitoring tool for correspondent…

UAE Innovates showcases inclusive initiatives to protect its system’s financial integrity

Reportedly, the UAE has adopted technologies at a rapid pace, a move that has allowed…

IDnow announces launch in Dubai to enter MENA’s $800 million digital identity verification market

Reportedly, more than half of businesses in the MENA region have faced new financial crime…

FENIX to make micro-mobility more inclusive in the Greater Middle East

Surprisingly, FENIX is the leading electric mobility operator in the Greater Middle East that aims…

Synaptech Capital funds $100m in Israeli technology startups

Reportedly, Synaptech Capital, a UAE-based company, announced a new $100m fund on Wednesday aimed at…