Barq, a pioneering FinTech startup from Saudi Arabia, has joined forces with the global financial services giant, Mastercard. Barq is known for its innovative approach in the financial sector, offering a range of services designed to modernise and streamline payment processes for its clients. The partnership aims to empower Barq’s customers through Mastercard Gateway by…
The Middle East and North Africa (MENA) region is currently undergoing a significant transformation of its financial landscape, driven by rapid digitalisation and the development of innovative financial services. The region has its sights set on becoming a haven for the world’s most innovative fintech (financial technology) companies and has attracted capital and talent from…
When Saudi Arabia-based Tabby — one of the Middle East’s first fintech unicorns — announced it was acquiring startup Tweeq, it turned heads among venture capitalists eyeing investment opportunities in the kingdom. The deal, which will see Tabby buy the digital-wallet operator for an undisclosed sum, was viewed as fresh evidence that Saudi Arabia’s startup…
Financial technology funding across the Middle East and North Africa saw a 650% increase between 2020 and 2023, even amid a global economic downturn driven by the coronavirus pandemic, according to a report released Monday. The industry raised $186 million across 50 deals in the first half of 2024, representing an almost flat 3% year-on-year…
Mena Fintech Festival, Formerly Arab Fintech Forum, has announced the sponsors and partners for its 3rd edition that is to take place in Doha, December 3-5 2024, at Qatar National Convention Center. Following a dynamic rebrand that was announced this year, the highly anticipated event has added incredibly renowned names in the fields of finance…
The Middle East and Africa (MEA) region has experienced a significant transformation over the past decade, driven by the rapid rise of financial technology (fintech). This transformation is not just a testament to the region’s adaptive capabilities but also to its strategic embrace of innovation and technology to address unique economic and social challenges. The…
