Unconstrained by legacy systems, decades-long financial commitments and the obligations of a full banking license, digital banking apps are shaking things up and introducing a seamless, cost-effective, and flexible way of accessing financial services that continues to threaten the once dominant incumbent model. Related: The...
One of the biggest Middle East and North Africa (MENA) economies, the United Arab Emirates (UAE), has cemented its position as the leading destination for venture capital investment in the region. In the first half (H1) of the year, UAE-based companies racked up a total...
Although not all countries in the Gulf Cooperation Council (GCC) — Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates (UAE) — are known for their tech industries or their leadership in digital finance, a closer look reveals that the Arab Peninsula is...
United Arab Emirates (UAE)-based digital bank YAP has raised $41 million in funding and is looking to raise another $20 million for further expansions, Reuters wrote Monday (July 4). The company reportedly plans to use these funds to grow its business, expanding its footprint into...
July 04, 2022
United Arab Emirates (UAE)-based digital bank YAP has raised $41 million in funding and is looking to raise another $20 million for further expansions, Reuters wrote Monday (July 4). The company reportedly plans to use these funds to grow its business, expanding its footprint into Saudi Arabia, Egypt, Pakistan and Ghana, according to CEO and […]
March 07, 2021
YAP, the first independent digital banking platform in the United Arab Emirates, has launched as of Sunday (March 7), Reuters writes. The Dubai-based firm is angling to become a leader...
