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December 22, 2022

Egypt’s fintech company Underlie acquired by UAE-based Fintech Galaxy

UAE-based Fintech Galaxy, the first Central Bank-regulated Open Finance platform in the Middle East, announced the acquisition of Underlie, an Egypt-based Open Banking platform offering APIs to banks and businesses.
by News Desk | 2 min read
December 5, 2022

Egyptian fintech firm Fawry opens its new HQ in Smart Village

Fawry, Egypt’s e-payment and Fintech service provider, launched its new HQ “Fawry Quantum Building” locates in Smart Village in a grand ceremony
by News Desk | 2 min read
November 16, 2022

Fintech app launched in the UAE to advance youth financial literacy

Leap, a new fintech startup in the UAE, has launched to teach kids and teens how to make better financial decisions. The Dubai-based startup is on a mission to improve youth financial literacy and money management skills, with a focus on the under-18 unbanked population.
by News Desk | 2 min read
November 8, 2022

Africa’s smartphone boom is set to create a $40bn fintech market – Report

The report by Mastercard has shown that smartphone usage will continue to play a big role in the adoption of fintech, especially in Nigeria and other Sub-Saharan African countries.
by News Desk | 3 min read
November 4, 2022

FinTech becomes fastest growing sector in DIFC

Dubai International Financial Centre (DIFC), the global financial centre in the Middle East, Africa, and South Asia (MEASA) region has continued to attract strong interest from financial technology firms, making FinTech the fastest growing sector at the DIFC.
by News Desk | 2 min read
October 20, 2022

Dubai-based FinTech startup launches its mobile app ‘Crunch’

Dubai-based FinTech Startup Crunch App Ltd. has announced today the launch of its mobile app ‘Crunch: Personal Finance’; a new personal finance management app that aims to empower individuals to effortlessly manage their money
by News Desk | 2 min read
October 15, 2022

Jordan Kuwait Bank becomes a global partner of Mastercard Fintech Express 

Mastercard welcomes Jordan Kuwait Bank (JKB) as a global partner of Mastercard Fintech Express, which unites tech-savvy start-ups. The program supports digital payment innovators by facilitating collaboration with tech companies and their partners to bring new products to the market
by News Desk | 2 min read
October 12, 2022

DIFC grants regulatory approval to UAE FinTech Mamo

Mamo, a UAE-based FinTech and financial services platform for SMEs, has been granted regulatory approval to operate from Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region.
by News Desk | 2 min read
September 27, 2022

Fintech Galaxy brings global Open Finance experience to the MENA region

Fintech Galaxy, a financial innovation firm, has announced the addition of a team of global Open Banking/Finance experts as it seeks to expand its product offering and presence throughout the MENA region. The Open Finance experts have joined Fintech Galaxy to help it achieve its mission of increasing financial inclusion and bringing open banking and finance to the MENA region through its fast, secure, and developer-friendly proprietary platform www.thefinx.io. Open Finance is the next step in the evolution of Open Banking.
by News Desk | 2 min read
September 9, 2022

It’s coming to Jordan: Fintech Ziina from UAE

Ziina, a UAE-based, YC-backed start-up on a mission to provide financial freedom to everyone in the Middle East, is coming to Jordan. The Jordanian expansion is the latest milestone in the fintech company's rapid succession of innovation, having launched their digital wallet in February 2022 and their proprietary payment keyboard, the Ziiboard, just this month.
by News Desk | 2 min read