Giza Systems continues to strengthen its position as a prominent regional powerhouse in the technology field. The company is officially unveiling its new strategy following the appointment of Ahmad Elharany, Giza Systems Group CEO. This announcement was made during a roundtable held by the company at its headquarters in New Cairo, in the attendance of…
Zoho, a leading global technology company, and areeba, a leading payment processing service provider in the Middle East, today announced a strategic partnership agreement aimed at fast-tracking digital transformation of businesses across the region. The MoU was signed in a ceremony at Seamless Dubai 2025 by Prem Anand Velumani, Associate Director, Strategic Alliances, Zoho Middle…
Egypt’s leading fintech platform digitizing the traditional ROSCA savings model, ElGameya, announced the successful closing of a new 7-figure USD investment round, aiming to accelerate the development of its technology platform. The round was led by AYADY for Investment and Development, with participation from prominent investors including Jedar Capital, Cubit Ventures, Ventures Notes, P-Maestro and a group of both…
Forbes Middle East has revealed its annual Fintech 50 list, recognizing the region’s leading trailblazers in the digital financial services sector as they navigate shifting consumer expectations in an increasingly digital landscape. The ranked companies have collectively processed over $240 billion in transactions and secured more than $3.8 billion in total funding. The ranking was…
Middle East’s financial landscape is poised for both continuity and transformation in 2025. While traditional banking metrics signal stability, FinTech is reshaping how financial services are delivered, reflecting a sector where innovation and resilience coexist. Fitch Ratings’ latest Middle East Banks Outlook 2025 paints a ‘neutral’ picture for the region’s banking sector. Credit growth is…
PaySky and Yalla Super App have been nominated for multiple prestigious awards at the MENA Fintech Association 2024 Awards, with winners to be announced during the Abu Dhabi Finance Week 2024 (ADFW). PaySky has been shortlisted in four categories: Fintech of the Year, Best Payments Solution, Best Innovative Payment Technology, and Best Merchant Solution, while…
Francophone-focused fintech startup HUB2, which has built a seamless, secure platform designed to unify national and cross-border financial services across diverse payment methods, has raised a EUR8 million (US$8.4 million) Series A round of funding to help it scale across the region. Founded in 2019 by Ashley Gaüzère, who was joined as co-CEO by Jean-Rémi…
Rwanda has recently unveiled a five-year fintech strategy, with the goal of developing a fintech ecosystem to position the country as a regional financial center. According to the Ministry of Information Communication Technology (ICT) and Innovation, the plan aims to establish Rwanda as the preferred location for African fintech companies and investments, as well as…
One of the top qualifiers from the second edition of the “FinTech Got Talent” competition, organized by “FinTech Egypt”—an initiative by the Central Bank of Egypt (CBE)—has secured first place at the “Arab FinTech Challenge” for the second consecutive year. The competition took place in Dubai as part of the “GITEX North Star 2024” exhibition….
Egypt’s Financial Regulatory Authority (FRA), emphasized its commitment to accelerating digital transformation in Egypt’s non-banking financial sector. Speaking at the Cairo ICT Exhibition and Conference, Mohamed Farid, Chairperson of FRA highlighted the authority’s efforts. The authority’s main goal is to create a supportive regulatory environment for fintech innovation. Farid announced the launch of the FRA’s…
