October 21, 2020
Central Bank of Bahrain launches new digital fintech platform in the region
The new platform will aim to create a collaborative ecosystem in the fintech sector by establishing a gateway for investment opportunities in the region, while fostering innovation and supporting integration between financial institutions and fintech startups. FinHub 973 will be powered by Fintech Galaxy's FinX22 platform, which is a cloud-based open innovation.
October 14, 2020
Xare, new FinTech app by ‘rise’ empowers people to be their own bank
Although there are more than 35,000 banks worldwide, more than a billion people do not have a bank account – and, half of humanity cannot access bank credit. Xare was developed as a result of rise’s deep-rooted commitment to democratising banking and providing innovative products for those that cannot access mainstream financial services.
October 10, 2020
Fintech Galaxy and GIZ launch Yalla Fintech 2020 Hackathon
Powered by Fintech Galaxy’s crowdsourcing and open API platform FinX22, the hackathon aims at developing digital solutions for speeding up the financial inclusion of local communities and businesses in the region. It will bring to life partnerships that address the urgent needs of communities in times of Covid-19 and – beyond that…
August 9, 2020
The significance of FinTech in the development of smart cities
Excerpt: The United Arab Emirates (UAE) has been one of the most forward-thinking nations when it comes to implementing strategies that prioritize investing in innovation and adopting the right technologies.In fact, IMD’s 2019 World Digital Competitiveness Report ranked the UAE as the number one digitally competitive country in the Arab World and the 12th globally.