United Arab Emirates

NymCard Gets $33 Million to Deepen MENA Embedded Finance Presence
NymCard Gets $33 Million to Deepen MENA Embedded Finance Presence
March 19, 2025  |  Investments

Embedded finance platform NymCard has raised $33 million to extend its MENA region presence. The company’s Series B round, announced Wednesday (March 19), was led by QED Investors, and...

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CredibleX to Integrate Mastercard’s Small Business Credit Analytics
CredibleX to Integrate Mastercard’s Small Business Credit Analytics
March 13, 2025  |  SMBs

CredibleX said Wednesday (March 12) that it will integrate Mastercard’s Small Business Credit Analytics (SBCA) into its embedded financing platform. This integration will enable CredibleX...

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A Third of UAE Merchants Pull Card-on-File for Checkout Priority
A Third of UAE Merchants Pull Card-on-File for Checkout Priority
February 17, 2025  |  Checkout Conversion

Checkout conversion is the name of the game in eCommerce. Merchants who increase their conversion rates typically boost their sales as a result. The PYMNTS...

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Crypto.com Expands UAE Footprint With Dubai Islamic Bank Partnership
Crypto.com Expands UAE Footprint With Dubai Islamic Bank Partnership
December 30, 2024  |  Partnerships

Crypto.com partnered with the United Arab Emirates’ Dubai Islamic Bank (DIB). The collaboration is designed to expand the company’s presence in the UAE and Gulf...

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Mastercard and Fundbot Team to Speed B2B Payment Flows
Mastercard and Fundbot Team to Speed B2B Payment Flows
November 21, 2024  |  B2B Payments

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),...

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AI Startups Find Financing Pipeline in Middle Eastern Sovereign Wealth Funds 
AI Startups Find Financing Pipeline in Middle Eastern Sovereign Wealth Funds 
September 22, 2024  |  artificial intelligence

Sovereign wealth funds have reportedly become major players in the artificial intelligence (AI) funding race. Countries such as Saudi Arabia, Kuwait and the United Arab...

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Dubai’s Ziina Raises $22 Million as UAE’s Small Business Sector Grows
Dubai’s Ziina Raises $22 Million as UAE’s Small Business Sector Grows
September 03, 2024  |  Investments

Ziina has raised $22 million to provide FinTech services for UAE-based small businesses. In an interview with TechCrunch Tuesday (Sept. 3), Co-founder and CEO Faisal Toukan said there were a...

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Ripple Launches Effort to Promote Blockchain Innovation in UAE
Ripple Launches Effort to Promote Blockchain Innovation in UAE
August 07, 2024  |  Blockchain

Blockchain solutions provider Ripple is set to team up with Dubai’s DIFC Innovation Hub. The collaboration is designed to accelerate blockchain and digital assets innovation in the United...

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Mashreq Launches API-Enabled Instant Payments for Corporate Clients in UAE
Mashreq Launches API-Enabled Instant Payments for Corporate Clients in UAE
July 02, 2024  |  B2B Payments

Mashreq has launched a new application programming interface (API)-enabled instant payment solution for its corporate and institutional clients in the United Arab Emirates (UAE). This...

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