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…
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…
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…
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…
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…
In line with the Third Financial Sector Strategy, the FinTech Strategy, and Qatar Central Bank’s efforts to develop and regulate the FinTech ecosystem in the country, the Qatar Central Bank (QCB) has granted sandbox entry approval for Trustln, which offers an Digital Escrow Platform. This step highlights QCB’s commitment to fostering the financial sector and…
Qatar is positioning itself as a regional hub for open banking and Islamic Fintech, supported by robust regulatory frameworks, advanced API infrastructure, and strategic partnerships, according to the latest Islamic Finance Report by the Qatar Financial Centre (QFC). The report outlines how Doha is building a pioneering open banking ecosystem aimed at transforming the financial…
Visa has announced the appointment of Tareq Muhmood as Regional President for Central and Eastern Europe, Middle East and Africa (CEMEA). In this role, Muhmood will oversee operations across more than 86 markets in the region, where Visa serves over 1,800 clients through 23 local offices. Muhmood brings over three decades of experience 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….
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…
