QNB announces certification of Noqoody Payment Services’ cutting-edge Point-of-Sale (POS) solutions.

QNB has announced its certification of Noqoody Payment Services’ cutting-edge Point-of-Sale (POS) solutions. This strategic partnership underscores QNB’s commitment to advancing digital innovation and enhancing the payment ecosystem in Qatar. Noqoody’s advanced POS technology, now certified by QNB, represents a major advancement in transaction solutions, designed to meet the evolving needs of businesses across the…

Read More

AFS and Zand Bank partner to empower fintech innovation

Arab Financial Services (AFS), the Middle East and Africa region’s leading digital payment solutions provider and fintech enabler, has signed a strategic agreement with Zand, the UAE’s first fully licensed all-digital bank. This collaboration aims to provide Fintechs and emerging players with AFS’s cutting-edge processing services and Zand Bank’s BIN Sponsorship and banking facilities, enabling…

Read More

BFB launches MENA Innovation Academy in partnership with Reboot Coding Institute

Bahrain FinTech Bay (BFB), a leading hub for financial technology innovation, proudly announced the inception of the MENA Innovation Academy. This initiative is dedicated to cultivating talent, fostering fintech expertise, nurturing an innovation mindset, and enhancing career readiness within financial organizations across the MENA region. MENA Innovation Academy will be established in partnership with the…

Read More

Saudi Awwal Bank partners with PayerMax for digital payment enhancement

Riyadh based, Saudi Awwal Bank (SAB), has partnered with PayerMax for enhanced business payment solutions. The parties will work to “redefine the digital payments landscape” and “streamline the onboarding experience for local merchants” while facilitating “seamless global transactions”. Founded in 2020 and based in Singapore, PayerMax operates a suite of omnichannel payment solutions that support…

Read More

Mastercard to acquire Minna Technologies

Mastercard is to acquire Swedish subscription management fintech, Minna Technologies, for an undisclosed sum. Minna creates technology that assists consumers in managing their subscriptions directly within banking applications and websites. The firm claims to be the only B2B2C platform with an automated subscription management engine, bank-grade compliance, and the “widest global subscriptions and payments coverage”…

Read More

M2P Fintech plans US$100m expansion in Africa

M2P Fintech, an Indian Banking-as-a-Service (BaaS) provider, has raised US$100m in a Series D funding round led by Helios Investment Partners. The investment values M2P at over ₹6,550 crore (approximately US$785m) and will fuel the company’s expansion into Africa’s underdeveloped fintech market. The partnership of M2P and Helios also points to the growing ties between…

Read More