Qi Card, Iraq’s leading digital payments provider, and Turkish Airlines, one of the world’s largest airlines, has signed a landmark partnership in Istanbul to launch a new co-branded Mastercard debit card for Iraqis. The partnership will benefit 11 million Qi cardholders in Iraq by integrating their everyday spend to Turkish Airlines’ Miles&Smiles rewards program. The…
Fawry for Banking Technology and Electronic Payment has partnered with FORSA, a subsidiary of Drive Finance, to provide Buy Now, Pay Later (BNPL) services via its point-of-sale (POS) machines, according to a press release. The collaboration aligns with Egypt’s Vision 2030 to create an integrated and sustainable digital economy, reflecting Fawry’s strategy to boost digital…
he Abu Dhabi Securities Exchange (ADX) has announced the onboarding of Thndr, founded in Egypt, as its first remote retail trading member. The move allows Thndr’s more than four million users to buy and sell UAE-listed stocks and exchange-traded funds (ETFs) without needing a physical presence in the country. Thndr, launched in 2020, is regulated by…
Dubai fintech Alaan has secured $48 million to support its expansion plans in the Gulf Cooperation Council (GCC) region. The Series A funding round drew investments from Peak XV Partners, formerly Sequoia Capital India & SEA, and other international and regional investors. Alaan enables businesses to manage their finances. Its services include issuing corporate cards,…
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…
United Arab Bank (UAB) has announced a strategic partnership with Lune, a leading UAE-based fintech company specializing in AI-driven transaction enrichment and financial data analytics solutions. This collaboration is set to enhance UAB’s upcoming mobile banking experience by delivering smarter, data-driven, and hyper-personalized customer journeys—further positioning the bank as innovation-led and customer-centric. The signing ceremony was…
Saudi Arabia’s Hakbah was named one of the ‘World’s Top Fintechs in 2025’ by CNBC for the company’s growth track record, increase in savings among underbanked, and social impact using AI to modernize and digitize social savings in a way that helps build, enable and empower a new fully inclusive Saudi savings culture. The Hakbah…
