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Hakbah, the Saudi-based fintech savings platform, announces its successful closing of a US$2 million, pre-Series A, funding round. 

Dubai Chamber of Commerce has announced the launch of a new Fintech & Payments Business Group aimed at bringing together companies of all sizes within the fintech and payments sector

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.

Fawry, Egypt’s e-payment and Fintech service provider, launched its new HQ “Fawry Quantum Building” locates in Smart Village in a grand ceremony

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.

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.

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.

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

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

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.