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.

GIG Gulf, one of the largest insurance providers in the MENA region, has launched EasyClaims, the first purely digital real-time end-to-end motor claims platform available in four major GCC markets: the UAE, Qatar, Oman, and Bahrain. EasyClaims is a new online journey that allows GIG Gulf customers to instantly register their motor insurance claims by entering only the most basic mandatory information, with no paperwork and no waiting time.

SAS announced that Saudi Export-Import Bank (Saudi EXIM Bank) has […]

CBI is among one the early adapter bank in the middle east region to establish a virtual Metaverse presence in Decentraland, a notable blockchain-based world. Decentraland also hosts Warba bank, a Kuwait-based Islamic bank. Warba also has a site in the sandbox showing a strong footing in the metaverse.

These five businesses will join a network of over 300 startups that have taken part in the award-winning Start Path startup engagement program. They will be able to collaborate with Mastercard’s global ecosystem of banks, merchants, partners, and digital players to deliver and scale open banking solutions. Start Path alumni are now entering public markets, achieving unicorn status.