BENEFIT, Bahrain’s innovator and leading company in Fintech and electronic financial transactions service, has officially announced the launch of the fourth edition of its annual FinTech Internship Program “Masar”. This strategic program is designed to cultivate the potential of Bahraini youth by equipping them with hands-on experience, and skills development in the FinTech sector. Aimed…
BENEFIT, Bahrain’s innovator and leading company in Fintech and electronic financial transactions service, has signed a strategic cooperation agreement with Bahrain Clear, a fully-owned subsidiary of Bahrain Bourse, to launch eIPO Service (electronic initial public offering service) on BenefitPay. This initiative marks a significant advancement in streamlining investor access to public share offerings on the…
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…
MoneyHash, the Middle East and Africa’s leading payment orchestration platform, has announced a strategic partnership with Lean Technologies, the region’s leading financial infrastructure platform, to bring instant Account-to-Account (A2A) payments for e-commerce and digital-first businesses across the UAE. The partnership enables merchants to offer seamless, bank-direct payments at checkout, reducing card processing fees, improving checkout…
The Central Bank of Kuwait (CBK) has announced the development of a groundbreaking technology for generating cryptographic keys, marking a significant advancement in the field of data protection and information security. The announcement was made by CBK Governor Basel Ahmad Al-Haroon, who said the innovation was created within the Bank’s Innovation Hub, Wolooj, as part…
Emirates NBD, a leading banking group in the Middle East, North Africa, and Türkiye (MENAT) region, signed a Memorandum of Understanding (MoU) with Nasscom, the premier trade association for the technology industry in India, to strengthen cross-border FinTech and technology innovation between the UAE and India. The MoU underscores Emirates NBD’s commitment to transform the…
In a significant advancement for the UAE’s digital economy, Astra Tech’s flagship platform, Botim, has partnered with Mbank, a leading digital bank in the United Arab Emirates, to introduce the nation’s first fintech-integrated Jaywan card scheme. The announcement was made in the presence of H.E. Dr. Tariq Bin Hendi, CEO and Board Member of Astra…
In a landmark announcement made during the official launch of MENA InsureLab Accelerator at DIFC Academy in Dubai last Friday, MANGUSTEEN, the organizing force behind the MENA Fintech Festival, confirmed a new strategic partnership that will see the birth of the MENA Insurtech Festival — a dedicated platform spotlighting innovation in insurance technology. The new…
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…
The MENA Fintech Association (MFTA), a not-for-profit organisation based in Dubai and registered with the Abu Dhabi International Financial Centre (ADGM), today announced partnership with the International Smart Card (ISC), aka Qi, Iraq’s foremost provider of digital payments, fintech solutions, and digital identity services, as its newest corporate member. The alliance is set to catalyse…
