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…
Alkhabeer Capital, a prominent asset manager specializing in financial services and brokerage services, signed a strategic partnership agreement with Fasanara Capital, a USD 5 billion global asset manager specializing in technology-enabled credit solutions, during an exclusive event held in Jeddah under the theme “Fintech-Originated Private Credit – the Asset Class and its Potential in the…
Türkiye’s leading e-commerce platform, Trendyol Group, drone giant Baykar, Abu Dhabi’s sovereign fund ADQ and Ant International have agreed to explore a potential joint fintech venture offering digital financial services in Türkiye. The four parties signed a memorandum of understanding (MoU) to form a platform that would provide services including digital payments, loans, deposits, investments…
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…
The MENA Fintech Association (MFTA), the leading not-for-profit organization dedicated to fostering fintech innovation and collaboration across the Middle East and Africa, today announced the launch of its Iraq Chapter. Mr. Bahaa Abdul Hadi, a distinguished Iraqi-Canadian entrepreneur and fintech pioneer, has been appointed as the Chapter Chair, bringing his extensive expertise and vision to…
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…
In a strategic move to broaden the reach of Al Manassah Sukuk Trading Platform in the UAE, National Bonds, the UAE’s leading Sharia-compliant savings and investment company has onboarded RAKBANK (The National Bank of Ras Al Khaimah) onto Al Manassah Sukuk Trading Platform. This collaboration marks a significant milestone in expanding access to one of…
Tali Ventures, the corporate venture capital arm of stc group, has led a strategic funding round in Tarmeez Capital, one of Saudi’s fastest growing fintech players in the sukuk and debt instruments space, an area playing an increasingly vital role in deepening the Kingdom’s capital markets. This milestone marks the company’s transition from a successfully…
Saudi Arabia recorded a 51% year-on-year increase in business registrations for blockchain technologies by the end of the second quarter of 2025, according to figures released Tuesday by the Ministry of Commerce. The number of active blockchain business records rose to 4,005, up from 2,644 in the same period last year, as the Kingdom continues…
Alpaca, a self-clearing broker-dealer and brokerage infrastructure API, and ZAD, a leading Kuwait-based investment platform for Shariah-compliant US stocks and ETFs, today announced their strategic partnership to expand access to Shariah-compliant investment products. This partnership continues to open financial access for investors seeking to align their financial growth with Islamic principles. With global Islamic finance assets…
