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          Fintech

          Latest digital news on financial technology, software, apps and innovation

          Muhannad Ebwini, founder and chief executive of HyperPay. Photo: HyperPay

          Saudi FinTech HyperPay raises $36.8m to fuel growth

          Start-UpsJune 01, 2022
          Banks have to keep re-examining the customer journey against satisfaction metrics and understand how to provide customers with what they need. Artem Beliaikin/ Unsplash

          Four trends shaping the future of FinTechs in the Mena region

          MoneyJune 01, 2022
          Abu Dhabi-listed Alpha Dhabi reported a sharp rise in its 2022 first-quarter income as revenue and assets rose. Photo: ADX

          Alpha Dhabi to invest $2.5 billion in Abu Dhabi venture fund

          MarketsMay 19, 2022
          Pemo co-founders Ayham Gorani, Valerie Konde and Alessandro Duri. The company's new platform will address transparency in business spending. Photo: Pemo

          UAE fintech Pemo unveils new SME payments platform

          Start-UpsMay 18, 2022
          Mamo founders Asim Janjua and Imad Gharazeddine. Photo: Mamo

          How three ex-Google executives are building Middle East's Venmo

          Start-UpsMay 16, 2022
          Michael Gronager, right, co-founder and chief executive of Chainalysis.

          Value of Chainalysis more than doubles after securing $170m in funding

          TechnologyMay 12, 2022
          Paymob's founders, from left, Mostafa Menessy, Islam Shawky and Alain El Hajj. Photo: Paymob

          Egypt's Paymob raises $50m from global investors

          BusinessMay 09, 2022

          Bahrain issues crowdfunding regulations to open up new financing avenues

          BusinessMay 01, 2022
          Fawry chief executive Ashraf Sabry founded the Egyptian digital payments platform in 2008. Photo: Fawry

          Fawry aims to retain its top spot in Egypt’s FinTech space

          BusinessApril 29, 2022
          Sheikh Hamdan bin Mohammed, Crown Prince of Dubai and Chairman of The Executive Council of Dubai, approved the launch of the ‘Venture Capital Fund for Startups’ to bolster and sustain startup projects in the emirate. With a capital of approximately AED370 million, the Fund aims to drive Dubai’s economic growth and fortify its position as a global hub for financial technology (FinTech), innovation, and venture capital. The Fund will come into effect starting June 2022. Photo: Government of Dubai Media Office

          Dubai to launch $100m VC finance fund to support start-ups

          Start-UpsApril 27, 2022
          Students return for the first day of school at a Dubai private school. Zenda allows parents to track school fees and make payments through pay-now and pay-later options. Sarah Dea / The National

          School fees app that eases cash flow stress for MENA parents raises $9.4m

          MoneyApril 25, 2022
          Abdulla Almoayed, founder and chief executive of Tarabut Gateway, says open banking will elevate customer experience in the financial industry. Photo: Tarabut Gateway

          Open banking platform Tarabut Gateway secures DIFC regulator's licence

          BankingApril 21, 2022
          Start-ups in the UAE accounted for 27.3 per cent of all deals closed in the Middle East and North Africa and 34.4 per cent of all funding raised year to date in 2022, according to Magnitt. Photo: DMCC

          Mena start-up funding more than doubled to $864m in first quarter of 2022

          Start-UpsApril 16, 2022
          Between January and August 2021, Saudi Arabia registered 16 venture investments in FinTech with a total deal value of $157.2 million, according to Fintech Saudi. EPA

          Saudi Aramco's Wa'ed teams up with UK's Maydan to boost FinTech start-ups in kingdom

          Start-UpsApril 14, 2022
          The IMF says FinTech platforms and neo banks are more exposed to risks from consumer lending their conventional counterparts. Reuters

          FinTech growth and digital banks' risk appetite stoking stability concerns, IMF says

          BankingApril 13, 2022
          Cairo, the capital of Egypt. Abu Dhabi-based ADQ has made several investments in publicly listed companies in leading sectors of Egypt’s economy. Photo: ADQ

          Abu Dhabi's ADQ buys stakes in listed Egyptian companies

          EconomyApril 13, 2022
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