Mastercard and enza have collaborated to connect fintech companies across Africa to the Mastercard network. This collaboration will enable fintech players to build propositions on the enza platform that serve both consumers and businesses with embedded Mastercard payment solutions capabilities. According to a report by the European Investment Bank, the number of fintech companies in…
Doha’s Islamic fintech market is expected to record a 10% compound annual growth rate (CAGR) in the years to 2028, reaching QR16.1bn in total transaction volumes, according to the Qatar Financial Centre (QFC) report.”This robust growth is being driven by increasing consumer demand, favorable regulatory frameworks, and strategic investments in fintech infrastructure,” said the report….
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…
