Alaan raises $48mln for GCC expansion

Dubai fintech Alaan has secured $48 million to support its expansion plans in the Gulf Cooperation Council (GCC) region. The Series A funding round drew investments from Peak XV Partners, formerly Sequoia Capital India & SEA, and other international and regional investors. Alaan enables businesses to manage their finances. Its services include issuing corporate cards,…

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Qatar Islamic Bank signs partnership pact with PayLater

Qatar Islamic Bank (QIB), Qatar’s leading digital bank, has signed a business partnership with PayLater, a Qatari fintech company specialising in Buy Now, Pay Later (BNPL) solutions. This partnership introduces, for the first time, a Shariah-compliant BNPL solution by a Qatari fintech, enabling customers to make purchases through flexible instalment plans, promoting financial inclusion and…

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Qatar Central Bank greenlights Paywise for Express Regulatory Sandbox

The Qatar Central Bank (QCB) has granted Express Sandbox entry approval to Paywise LLC (Dibsy), which offers Open Banking-powered payment initiation services. This move aligns with Qatar’s Third Financial Sector Strategy and its broader FinTech strategy, underscoring the QCB’s commitment to developing and regulating the nation’s burgeoning FinTech ecosystem. The approval highlights the QCB’s dedication…

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QIB and PayLater partner to introduce Shari’a-compliant BNPL solutions in Qatar

Qatar Islamic Bank (QIB), Qatar’s leading digital bank, has signed a Business Partnership with PayLater, a Qatari fintech company specializing in Buy Now, Pay Later (BNPL) solutions. This partnership introduces, for the first time, a shari’a-compliant BNPL solution by a Qatari fintech, which enables customers to make purchases through flexible installment plans, promoting financial inclusion…

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QNB, Ooredoo Fintech extend partnership to revolutionize fintech services in Oman

QNB Group, the largest financial institution in the Middle East and Africa, and Ooredoo Fintech, announced a groundbreaking extension to their partnership aimed at revolutionizing fintech services in Oman. This collaboration marks a significant milestone in the region’s digital transformation journey, as both entities join forces to offer innovative solutions through Ooredoo’s wallet platform. Building…

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United Arab Bank partners with UAE Fintech Lune

United Arab Bank (UAB) has announced a strategic partnership with Lune, a leading UAE-based fintech company specializing in AI-driven transaction enrichment and financial data analytics solutions. This collaboration is set to enhance UAB’s upcoming mobile banking experience by delivering smarter, data-driven, and hyper-personalized customer journeys—further positioning the bank as innovation-led and customer-centric. The signing ceremony was…

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Hakbah recognized by CNBC as one of World’s Top Fintechs in 2025 Hakbah Logo. Image Courtesy: Hakbah Hakbah Logo. Image Courtesy: Hakbah

Saudi Arabia’s Hakbah was named one of the ‘World’s Top Fintechs in 2025’ by CNBC for the company’s growth track record, increase in savings among underbanked, and social impact using AI to modernize and digitize social savings in a way that helps build, enable and empower a new fully inclusive Saudi savings culture. The Hakbah…

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Alkhabeer Capital and Fasanara Capital sign strategic fintech partnership agreement

Alkhabeer Capital, a prominent asset manager specializing in financial services and brokerage services, signed a strategic partnership agreement with Fasanara Capital, a USD 5 billion global asset manager specializing in technology-enabled credit solutions, during an exclusive event held in Jeddah under the theme “Fintech-Originated Private Credit – the Asset Class and its Potential in the…

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EazyPay and Tamara partner to power seamless payment solutions across the GCC

Eazy Financial Services (“EazyPay”), a leading Bahraini financial institution specializing in Point-of-Sale (POS) and online payment gateway acquiring services, has announced a strategic partnership with Tamara, one of the region’s fastest-growing fintech platforms and a pioneer of the “Buy Now, Pay Later” (BNPL) model in the GCC. Through this collaboration, EazyPay will serve as Tamara’s…

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