AI Archives - Page 4 of 5 - FINTECH MIDDLE EAST & AFRICA

Aspire Becomes First Fintech to Integrate Directly with Payboy, Streamlining Payroll Management

Ahmed Salem11 months ago11 months ago02 mins

Aspire, the all-in-one financial operating system for modern businesses, today announced its integration with Payboy, one of Asia’s leading payroll software providers, serving over 70,000 users across the region. This integration marks Aspire as the first fintech company to directly integrate with Payboy, streamlining payroll operations for growing businesses. Payroll management is traditionally a cumbersome process….

BENEFIT anounces fourth edition of FinTech Internship Program ‘MASAR’

Ahmed Salem11 months ago02 mins

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…

Giza Systems announces bold strategy to become a leading global Fintech innovator.

Ahmed Salem11 months ago04 mins

Giza Systems continues to strengthen its position as a prominent regional powerhouse in the technology field. The company is officially unveiling its new strategy following the appointment of Ahmad Elharany, Giza Systems Group CEO. This announcement was made during a roundtable held by the company at its headquarters in New Cairo, in the attendance of…

Bahrain Bourse and BENEFIT to launch eIPO service on BenefitPay

Ahmed Salem11 months ago03 mins

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…

Modern trade agreements are impacting fintech and the digital economy

Ahmed Salem11 months ago06 mins

Trade agreements in the 21st century are no longer just about reducing tariffs. Increasingly, they are evolving into frameworks that facilitate data flows, digital services, and financial innovation. They are evolving into frameworks that facilitate data flows, digital services and financial innovation. According to the World Trade Organization over 60 per cent of newly signed…

ElGameya Fintech closes 7-figure USD investment round

Ahmed Salem11 months ago11 months ago03 mins

Egypt’s leading fintech platform digitizing the traditional ROSCA savings model, ElGameya, announced the successful closing of a new 7-figure USD investment round, aiming to accelerate the development of its technology platform. The round was led by AYADY for Investment and Development, with participation from prominent investors including Jedar Capital, Cubit Ventures, Ventures Notes, P-Maestro and a group of both…

Apex Group appoints new Global Head of Fintech

Ahmed Salem11 months ago11 months ago02 mins

Apex Group has appointed Tom Bennett as Global Head of Fintech. In this newly created role, Tom (pictured) will lead Apex Group’s global fintech strategy, enhancing its digital capabilities across private markets, capital markets, and digital assets. Tom Bennett’s background boasts experience at leading companies such as JLL and BT, and he most recently served…

Fintech company Chime files for Nasdaq IPO

Ahmed Salem11 months ago11 months ago03 mins

Financial technology company Chime on Tuesday filed paperwork to go public on the Nasdaq. The company intends to file under the ticker symbol “CHYM.” “Chime is a technology company, not a bank,” the company said in its prospectus noting it is not a member of the U.S. Federal Deposit Insurance Corporation. Still, the company cited…

Dubai Islamic Bank aims to acquire other banks and FinTech businesses

Ahmed Salem1 year ago1 year ago04 mins

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…

FinTech drives stability in Middle East banks in 2025

Ahmed Salem1 year ago03 mins

Middle East’s financial landscape is poised for both continuity and transformation in 2025. While traditional banking metrics signal stability, FinTech is reshaping how financial services are delivered, reflecting a sector where innovation and resilience coexist. Fitch Ratings’ latest Middle East Banks Outlook 2025 paints a ‘neutral’ picture for the region’s banking sector. Credit growth is…

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