MENA

Central African Republic Set to Start Crypto Sales
Central African Republic Set to Start Crypto Sales
July 15, 2022  |  Cryptocurrency

The Central African Republic will start selling its cryptocurrency, Sango Coin, next week, saying it will be worth $21 million. The announcement comes at a...

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PYMNTS GCC Series: Still in Its Infancy, Oman FinTech Hub Shows Huge Potential for Growth
PYMNTS GCC Series: Still in Its Infancy, Oman FinTech Hub Shows Huge Potential for Growth
July 15, 2022  |  emea

Often referred to as rentier states due to their dependence on oil revenue, Gulf Cooperation Council (GCC) countries — Bahrain, Kuwait, Oman, Qatar, Saudi Arabia,...

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Zazuu Raises $2M for African Remittance Platform
Zazuu Raises $2M for African Remittance Platform
July 13, 2022  |  Investments

African money movement platform Zazuu has completed a $2 million fundraising round that will allow it to build a more robust remittance offering for residents...

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PYMNTS GCC Series: Bahrain Drives Open Banking Adoption in MENA
PYMNTS GCC Series: Bahrain Drives Open Banking Adoption in MENA
July 12, 2022  |  Banking

In the second installment of this series on the state of FinTech ecosystems in the Gulf Cooperation Council (GCC), PYMNTS will be taking a look...

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Binance Says It Was ‘Fully Compliant’ With US Sanctions in Iran Despite Report
Binance Says It Was ‘Fully Compliant’ With US Sanctions in Iran Despite Report
July 11, 2022  |  Cryptocurrency

Binance is defending its sanctions program after Reuters reported Monday (July 11) that the cryptocurrency exchange processed trades by clients in Iran despite United States...

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Dubai-Based Toggle Market Expands BNPL for Hospitality Industry
Dubai-Based Toggle Market Expands BNPL for Hospitality Industry
July 06, 2022  |  BNPL

Dubai tech company Toggle Market is debuting a financing program that will offer a buy now, pay later (BNPL) function for hotels and restaurants, a...

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Amazon Egypt Introduces BNPL Offerings Through valU FinTech Platform
Amazon Egypt Introduces BNPL Offerings Through valU FinTech Platform
July 03, 2022  |  BNPL

Amazon Egypt is now offering buy now, pay later (BNPL) plans to qualified buyers through valU, the companies announced Sunday (July 3). FinTech valU serves...

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Airtel Africa Launches Smartcash Payment Service Bank
Airtel Africa Launches Smartcash Payment Service Bank
July 01, 2022  |  Banking

Airtel Africa, a multinational company that provides telecommunications and mobile money services in 14 countries in Africa, primarily in East, Central and West Africa, officially...

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ZoodPay Integrates BNPL Into Iraqi Retail and eCommerce Company Shopini
ZoodPay Integrates BNPL Into Iraqi Retail and eCommerce Company Shopini
June 29, 2022  |  Buy Now Pay Later

ZoodPay, a Swiss buy now, pay later (BNPL) solution, Wednesday (June 29) announced a deal with Shopini, an Iraqi retailer and eCommerce company. Under the...

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