Fintech NymCard which has its headquarters in Abu Dhabi, announced in a statement that it has launched an Open API platform for issuing and processing of payment cards.
The announcement is coming on the heels of NymCard’s $7.6 million Series A which the company had raised the previous month. The...
Under the oversight of the Saudi Central Bank (SAMA), Saudi Payments reported the dispatch of Saudi Arabia's instant payment platform 'sarie' in collaboration with IBM and Mastercard and that makes it one of the fastest ways to make transactions in the region.
As of now, 'sarie' upholds all Saudi banks...
In 2022, Dania Alshowaikh, PK Shrivastava, and Ridaa Shah founded Daleel's platform, and now broadcasted news reports that Hambro Perks Spring Studios has given them an undisclosed investment round. This Bahrain-based financial marketplace, Daleel, is a platform created to help consumers find the best financial products or compare them...
The MSA was selected by the ISSF because of its board experience in the industry, robust track record, global access, and deep roots in the East and China. And this new access to MSA’s resources will certainly allow the ISSF to develop themselves in a competitive and entrepreneurial ecosystem...
For the company North Ladder, known to some as BuyBack Bazaar, business is booming. The company has recently secured a $5M Series A funding round, led primarily by their new friends at BECO Capital. North Ladder, a secure trading platform based in the UAE, provides users with instantaneous access...
Saudi-based on-demand marketplace and foodtech platform Siwar has successfully managed to raise about $7.5M in its latest funding round. The funding round was led by Riyadh-based travel services company Seera Group with the participation of key investors in the region.
The platform was launched back last year and it’s been...
It was announced that the Dhaka-based SaaS startup, Alice Labs has raised $500K up in a seed financing round. The startup offers a multi-channel client care answer for online organizations and that’s not all. The round was led by Anchor-less Bangladesh and joined by HOF Capital. It is the...
The FSRA of Abu Dhabi Global market has already introduced their latest innovative regulatory system for different fintech firms available for supervising and authorizing them who provide various third-party services to clients from other financial platforms.
TPPs are firms that play an important role as a medium between fintech firms...
Alhokair have made an announcement that they will acquire a total of 51% stake in an online fast fashion platform, Vogacloset, based in the UK and provides her services to the Middle East.
The company is a franchise retailer in Arabian Centres Company (ACC) and Saudi Arabia. It is also...
It was announced today that Morocco headquartered Fintech startup Yalla Xash has raised a total sum of $675K series A funding round which was led by Maroc Numeric Fund II. The startup was established back in 2018 and ever since then, they’ve been providing money transferring features that allow...
