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February 4, 2022

African tech booms in 2021 with $5.2 billion raised in equity

Partech Africa has released its annual report on Venture Capital Funding for African Startups. Despite worldwide VC growth, Africa tech developed faster than any other region in 2021
by News Desk | 2 min read
February 1, 2022

LEAP in Riyadh unveils over $6b investments in tech

Saudi Arabia will set up its own innovation district, The Garage, and each startup in the ecosystem will receive 500,000 riyals. Investments include STC: $1 billion for creating a premier digital hub for content, cloud services, etc., and NEOM: $1 billion for the development of AI-enabled services.
by News Desk | 2 min read
January 28, 2022

Step Conference celebrates a decade of innovation in the region

Step Conference, the region's foremost tech festival, is celebrating a decade of inspiring entrepreneurship, supporting innovation, and creating economic benefit. The milestone celebration will include more than 400 global tech start-ups.
by News Desk | 5 min read
January 25, 2022

Al Rajhi Bank Malaysia opts Thought Machine to build Islamic digital bank

Paul Taylor, said, “We are delighted that Al Rajhi Bank Malaysia has selected us to power their new bank. Al Rajhi Malaysia Bank has a considerable opportunity to launch an exceptional next-generation banking service – and we have no doubt they will succeed. We look forward to working together to deliver on their ambitious and exciting vision.”
by News Desk | 2 min read
January 21, 2022

FTFT appoints Ola J. Lind as new Chief Strategy Officer

Mr. Lind will be in charge of Company's strategic planning, international partnering, M&A, and the development of its bitcoin financial services platform, as well as working with the senior management team and Board of Directors.
by News Desk | 2 min read
January 20, 2022

Global digital lending platform TSLC appoints 2 key seniors

TSLC which has created a unique Artificial Intelligence (AI) and Machine-Learning-powered credit enablement platform, announced the addition of two senior executives to its global leadership team as it grows into emerging and frontier countries.
by News Desk | 3 min read
January 14, 2022

Checkout.com crosses $1 billion in Series D amid major US market push

Checkout.com raised $1 billion in Series D fundraising round at a valuation of $40 billion, following a tremendously successful year processing hundreds of billions of dollars in payments for some of the world's top retailers.
by News Desk | 4 min read
January 5, 2022

Edenred announces new Managing Director for UAE

Commenting on Fakharany’s appointment, PierreGagnoud said, “I would like to welcome Wael to Edenred UAE. His experience will be a key asset to reinforcing our leadership in UAE and continuing our expansion.”
by News Desk | 2 min read
January 5, 2022

FTFT subsidiary unveils cryptocurrency market data platform FTFTX

FTFTX collects worldwide currency and market data by connecting hundreds of leading venues, markets, and exchanges throughout the world and making the information available to consumers 24 hours a day.
by News Desk | 2 min read
December 21, 2021

Checkout.com achieves major growth milestones across MENA

“It has been a step-change year for us across the MENA region, all driven by the partnerships we’ve put in place with our merchants over the past decade,” said Pousaz.
by News Desk | 3 min read