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.

ImoPay, a brand-new mobile payment service, has been introduced in Jordan through a partnership between UWallet

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.