UAE-based startup CredibleX has raised $55 million in a seed round to grow and broaden its embedded finance solutions for small- to medium-sized business (SMBs). The...
Mastercard has joined forces with Fundbot, a United Arab Emirates (UAE)-based supply chain financing FinTech. The collaboration, announced in a news release Thursday (Nov. 21),...
Bahrain, an archipelago nation of 1.5 million people, is emerging as an unlikely leader in the artificial intelligence race in the Middle East. Bahrain’s push...
New research is shedding light on how artificial intelligence language models handle multiple languages, a capability with potential implications for global commerce. African tech firms...
Financial services enabler Paymob raised another $22 million to expand its offering in its core market of Egypt and its newer markets in Gulf Cooperation...
Saudi financial services startup barq will leverage Mastercard Gateway technology to expand the range of payment acceptance solutions it offers to merchants and consumers. The startup’s partnership...
Open banking platform Tarabut has acquired British account-to-account (A2A) business payments platform Vyne. The deal, announced Tuesday (Sept. 3), is designed to strengthen Tarabut’s ability to offer faster and more...
Cartona has raised $8.1 million in a Series A extension fundraise to continue growing the product rollout, verticals and offerings of its B2B platform for businesses...
Network International has introduced new Business Payment Solutions for companies in the United Arab Emirates (UAE). These solutions were launched in partnership with Mastercard and include card...