fintech

Saudi Arabia’s fintech sector nearly doubles with 79% YoY growth, rivalling UAE and Egypt

A new report by the US-Saudi Business Council reveals that the number of fintech companies…

Lower provisions and higher interest rates to fuel profit growth for UAE’s big banks in 2023

Moody’s Investors Service has reported that the four largest banks in the United Arab Emirates…

UAE’s Al Ansari boosts IPO size on strong investor interest

Al Ansari Financial Services, a leading exchange house in the United Arab Emirates (UAE), is…

Telr to aid the Gulf Cooperation Council’s (GCC) shift towards digital payments

Khalil Alami, the founder and CEO of Telr, a Dubai-based start-up, views cash as their…

Aion Digital, a fintech startup based in Bahrain, has successfully secured $5 million in a bridge round of funding

Aion Digital, a Bahrain-based fintech company, has recently announced that it has raised $5 million…

Multiply Group experienced a significant increase in full-year profit due to a rise in revenue, according to a recent financial report

Multiply Group, an Abu Dhabi-based investment holding company specializing in technology, has reported substantial growth…

Global Financial Technology LLC signs agreement with Visa

Global Financial Technology LLC, a licensed payment service provider and owner of the OM Pay…

First Abu Dhabi Bank, Magnati, PayRow Net to develop digital payment platform

By working with PayRow Net through the Ports Customs and Free Zone Corporation (PCFC), First…

AFS and ZENJEX collaborate to improve payments services for Bahrain’s unbanked

A partnership between Arab Financial Services (AFS) and Zenj Exchange (ZENJEX) will bring a number…

Dubai Chamber of Commerce launches Fintech & Payments Business Group

Dubai Chamber of Commerce has announced the launch of a new Fintech & Payments Business…