MENA

Emirates Development Bank and Trade Capital Partners Collaborate on Supply Chain Financing
Emirates Development Bank and Trade Capital Partners Collaborate on Supply Chain Financing
August 17, 2023  |  Partnerships

Emirates Development Bank (EDB) has partnered with Trade Capital Partners (TCP) to offer supply chain finance and working capital solutions to small- to medium-sized businesses...

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HyperPay Acquires Sanad Cash to Expand Payment Services in MENA
HyperPay Acquires Sanad Cash to Expand Payment Services in MENA
July 17, 2023  |  Acquisitions

HyperPay, a payments services provider in the Middle East and North Africa (MENA) region, has acquired Saudi spend management FinTech firm Sanad Cash. The strategic move...

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Business-Friendly Regulations Drive Open Banking Adoption in the Middle East
Business-Friendly Regulations Drive Open Banking Adoption in the Middle East
June 12, 2023  |  Fintech Investments

The Middle East and North Africa (MENA) region is quickly becoming a hotbed for open banking, driven by a unique ecosystem, booming consumer demand and...

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Dapi and Mastercard Partner to Provide A2A Payments in UAE
Dapi and Mastercard Partner to Provide A2A Payments in UAE
June 01, 2023  |  Faster Payments

Dapi and Mastercard have partnered to provide account-to-account (A2A) payments in the United Arab Emirates (UAE). With this strategic partnership, Dapi, a UAE-based FinTech company, will launch...

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Tabby Expands BNPL Offering With $350 Million Debt Facility
Tabby Expands BNPL Offering With $350 Million Debt Facility
May 31, 2023  |  BNPL

Tabby says new financing will let it expand its buy now, pay later (BNPL) service. The Dubai-based FinTech announced Wednesday (May 31) it had closed...

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Money Transfer Firm Instant Cash Receives License From UAE Central Bank
Money Transfer Firm Instant Cash Receives License From UAE Central Bank
May 25, 2023  |  Mobile Payments

Instant Cash has received a license from the Central Bank of the United Arab Emirates (CBUAE). With this Retail Payment Services and Card Scheme Regulation...

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Visa and Tarabut Gateway Team to Expand MENA Open Banking
Visa and Tarabut Gateway Team to Expand MENA Open Banking
May 09, 2023  |  Banking

Tarabut Gateway has partnered with Visa for a Middle East/North Africa-focused open banking partnership. The companies announced their collaboration Tuesday (May 9), with plans to create “data-driven offerings” like credit...

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MENA’s AgriTech Revolution Captures VC Attention and Dollars
MENA’s AgriTech Revolution Captures VC Attention and Dollars
May 04, 2023  |  Startups

Total investment raised by startups in the Middle East and North Africa region (MENA) and broader Gulf Cooperation Council (GCC) area crossed the $3 billion...

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Fraud Detection Firm BioCatch Adds Permira to Investors List
Fraud Detection Firm BioCatch Adds Permira to Investors List
May 03, 2023  |  Security & Fraud

BioCatch says investment firm Permira has acquired a “significant” stake in its fraud detection company. The company, which has offices in New York and Tel...

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