MENA

Network International to Move Into Direct Merchant Acquiring in Egypt
Network International to Move Into Direct Merchant Acquiring in Egypt
February 09, 2023  |  Digital Payments

Network International will launch a new payment acceptance solution for merchants in Egypt. The company announced on Thursday (Feb. 7) that it has received approval...

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Mastercard, Network International Team on Transport Payment System in Jordan
Mastercard, Network International Team on Transport Payment System in Jordan
February 08, 2023  |  Transportation

Mastercard and Network International have partnered to create a public transport payment system in Jordan. In a Wednesday (Feb. 7) press release, Mastercard announced that...

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Uber Launches Payout Solution for Unbanked Drivers in Egypt
Uber Launches Payout Solution for Unbanked Drivers in Egypt
February 08, 2023  |  Ridesharing

Uber has teamed up with HSBC to launch Flexpay, a new on-demand payout solution in Egypt. The two companies announced the launch in a joint...

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MoneyGram and Astra Tech Team on Money Transfers by Text
MoneyGram and Astra Tech Team on Money Transfers by Text
January 25, 2023  |  Partnerships

MoneyGram and Astra Tech are collaborating amid growing demand for Middle Eastern money transfer services. The partnership will see MoneyGram offer transfer services via Astra’s...

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African Startups Escape Global VC Funding Drought
African Startups Escape Global VC Funding Drought
January 24, 2023  |  Investments

While most startups struggled to find funding last year, African companies saw their fortunes improve. That’s according to a report published Tuesday (Jan. 24) by venture...

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Streaming No Sure Bet in Europe Despite Netflix EMEA Growth
Streaming No Sure Bet in Europe Despite Netflix EMEA Growth
January 22, 2023  |  Streaming

Netflix now has more subscribers in the EMEA region than in the U.S. and Canada. The latest figures from Netflix’s Q4 earnings reveal that in...

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Streaming Platforms Leverage Mobile Payments to Entice MENA Customers
Streaming Platforms Leverage Mobile Payments to Entice MENA Customers
January 19, 2023  |  Mobile Payments

Streaming platforms are embracing mobile payments in the Middle East and North Africa (MENA) region. Around the world, localizing payment methods is key for streaming...

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BNPL Firm Tabby Raises $58M Series C for Expansion
BNPL Firm Tabby Raises $58M Series C for Expansion
January 18, 2023  |  Buy Now Pay Later

Dubai-based FinTech Tabby has raised $58 million in a Series C funding round. Sequoia Capital India, STV, PayPal Ventures, Mubadala Investment Capital, Arbor Ventures, and...

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Tradeling, Mastercard Team to Increase Small Business Access to Finance
Tradeling, Mastercard Team to Increase Small Business Access to Finance
January 16, 2023  |  SMBs

The MENA-focused B2B eCommerce Tradeling has announced a collaboration with Mastercard. As part of the partnership, Tradeling business-to-business (B2B) customers in the United Arab Emirates...

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