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…
Employer.com has acquired MainStreet.com for an undisclosed amount, the latest fintech startup to get snapped up by the workforce management company. In a post on X, Employer.com chairman and co-founder Jesse Tinsley said the two companies were “merging forces to simplify business back office solutions into one powerhouse platform.” Tinsley confirmed the acquisition to TechCrunch. MainStreet,…
Global fintech company, Revolut, with over 11 million UK customers and hundreds of thousands of business customer globally , has launched “Turning Points,” a new B2B campaign in the UK and rolling out across France, Italy, the Netherlands, Romania, and Spain later this year. Created by Anomaly, the campaign puts pivotal moments of business growth…
Malaysia-based payment network PayNet has launched a fintech hub to focus on industry growth and startup development. The PayNet Fintech Hub (the Hub) aims to accelerate fintech growth in Malaysia by offering fintechs direct access to capital, essential industry connections, financial incentives, and opportunities to learn from and collaborate with global companies. Officials from PayNet…
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…
Dubai Islamic Bank (DIB) is open to acquisition opportunities in its home base and the markets it operates beyond the Arab world’s second-largest economy as it looks to increase its market share, its group chief executive has said. The Dubai-headquartered lender is interested in acquiring a variety of assets that are complementary to the business…
His Royal Highness Prince Salman bin Hamad Al Khalifa, Crown Prince and Prime Minister, has recently met Crypto.com president and chief operating officer Eric Anziani at Gudaibiya Palace. HRH Prince Salman emphasised the kingdom’s commitment to advancing the financial services and digital technology sectors, both of which are priorities that contribute to supporting the kingdom’s…
