Digital Banking

Tabby raises $233 million at $6.5 billion valuation

Tabby has raised $233 million at a $6.5 billion valuation, in an equity round led by Blue Pool Capital, with participation from existing shareholders...

Thunes Launches Cross-Border Payouts Across Six New Middle East Markets

Members of Thunes’ Direct Global Network gain faster, more transparent access to bank accounts, mobile wallets, and cash pickup locations across Bahrain, Lebanon, Oman,...

noon payments enables Jaywan acceptance through Mastercard Gateway

Mastercard has collaborated with noon payments to enable Jaywan card transactions with Mastercard Gateway. The capability is made available through Mastercard Merchant Cloud, supporting...

Cassbana secures Central Bank of Oman sandbox approval

Following regulatory progress in Egypt, the CBO approval marks another milestone in Cassbana’s ambition to build the MSME credit infrastructure layer across MENA Cairo /...

Fuze Finance Expands to Switzerland to Serve Growing Demand for Crypto-Assets and Stablecoins

Fuze Finance (Fuze), a regulated crypto-assets infrastructure provider has announced expansion to Switzerland. This marks Fuze's entry to Western Europe, complementing existing regulatory licenses...

NymCard receives in-principle approval from CBUAE for Stored Value Facility licence

NymCard, a full-stack payments infrastructure company in MENA, has received in-principle approval from the Central Bank of the UAE (CBUAE) for a Stored Value...

Saudi Arabia’s PayTabs Group acquires Amazon Payments MENA for $100mln+

Saudi Arabia's PayTabs Group and Amazon Payment Services have agreed to a transaction that would transfer Amazon's Middle East and North Africa payments operations...

Network International unlocks GCC-wide commerce through a single payment integration

Network International (Network), a leading fintech company across the Middle East and Africa, announced the launch of its regional acquiring capability that enables merchants...

Salla acquires Paylink to enhance the financial services ecosystem for merchants

"Salla", the leading Saudi platform in e-commerce solutions, announced its acquisition of "Paylink", a company specializing in payment solutions, in a strategic step aimed...

Standard Chartered becomes first Global Systemically Important Bank (G-SIB) to launch Institutional Bitcoin and Ether spot trading in the UAE

Standard Chartered today announced the expansion of its institutional Bitcoin (BTC/USD) and Ether (ETH/USD) spot trading in the UAE through ‘Standard Chartered DIFC’1. This makes...

FAB completes live tokenized deposit milestone with Citi through Swift Ledger

First Abu Dhabi Bank (FAB), the UAE’s global bank and one of the world’s largest and safest financial institutions, has successfully completed live USD...

Vision Bank Launches SME Financing to Support Cross-Border Trade

Vision Bank, the Abu Dhabi Global Markets (ADGM)-headquartered Islamic bank founded and wholly owned by GII Group, has announced the launch of its SME...

QFC and AlRayan Bank Partner to Advance Banking Access, Islamic Finance and Capital Markets

Qatar Financial Centre (QFC), a leading onshore financial and business center, signed a Memorandum of Understanding (MoU) with AlRayan Bank (Q.P.S.C), one of Qatar's...

Al Faisal Holding enters a strategic partnership with BKN301 to advance FinTech and digital banking

Al Faisal Holding, one of the largest and most diversified private sector groups in Qatar and the region, has entered a strategic partnership with...

BENEFIT expands GCC credit information network

BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, announced the successful completion of the integration between Bahrain Credit...

QNB Group and Mastercard Enable World’s First International Card Payment in Syria

QNB Group, a leading financial institution in the Middle East and Africa, has announced the successful completion of the first end-to-end international card payment...

Abu Dhabi Islamic Bank, Marriott Bonvoy, and Visa Launch Co-Branded Cards Offering Elite Travel and Lifestyle Benefits

Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, Marriott Bonvoy, Marriott International’s award-winning travel programme, and Visa announce the launch of two co-branded cards...

Visa Announces International Card Payment in Syria

Visa (NYSE: V), a global leader in digital payments, announced they have tested the first live international transaction in Syria, marking an important milestone...

Google Cloud Launches Gemini Enterprise for Financial Services

Google Cloud unveiled Gemini Enterprise for Financial Services, a purpose-built agentic AI solution engineered for financial professionals. This solution includes a Google-managed Financial Research...

KARTY LLC receives the Visa FinTech Innovation Award following its Qatar launch

KARTY LLC, Qatar's leading digital wallet and payment startup, has received Visa’s FinTech Innovation Award, recognising its work to advance digital payments and money...

RAK ICC and Rakbank partner to strengthen banking access for international wealth community

RAK International Corporate Centre (RAK ICC) has partnered with Rakbank to strengthen banking access for its growing international wealth community, providing registered companies and...

Zand Expands Stablecoin Access and Adoption in Global Markets with USDC

Zand, an AI and blockchain-powered digital bank in the United Arab Emirates (UAE), today announced plans to expand its stablecoin infrastructure capabilities through support...

Ajman Bank Launches “AB ONE CORP” – A Next-Generation Corporate Digital Banking Platform for Corporate and SME Clients

Ajman Bank announced the launch of “AB ONE CORP”, its new digital banking platform designed to deliver a more secure, seamless, and intuitive digital...

Shukria and Mastercard Announce Strategic Collaboration to Advance Commercial Payments in the UAE

Shukria, Mercury’s digital payments and business solutions brand, today announced its collaboration with Mastercard to launch the Shukria Commercial Card, designed for merchants and...

Fasset Hits $1B Valuation as SBI Group Leads $68M Series C to Scale AI-Powered Stablecoin Neobanking

Fasset, the AI-powered stablecoin neobanking platform, today announced it has raised $68 million in Series C funding at a $1 billion valuation. The financing...

Fintech Galaxy Receives In Principle Approval from the Central Bank of the UAE to Power the Next Era of Open Finance

The approval marks the beginning of a new phase for Fintech Galaxy following a year of strategic transformation and a renewed focus on intelligent...

INGOT Group Celebrates 20 Years with the Launch of Rise, a Next-Generation Trading App

INGOT Group, the multi-licensed brokerage group founded in 2006, celebrates its 20th anniversary with the launch of Rise, a trading app built from the...

Adyen Appoints Nicole Olbe as EMEA President to Accelerate Regional Growth Strategy

Adyen, the financial technology platform of choice for leading businesses, today announced the appointment of Nicole Olbe as President for Europe, Middle East, and...

barq × Riyadh Air Ink Strategic Partnership to Support the Airlines Payment Technology Development

barq and Riyadh Air have signed a strategic agreement to develop a comprehensive payment technology solution for the airline. The long-term partnership will support...

Yomo secures initial banking licence, ready to lead Egypt’s digital banking evolution

Commercial International Bank – Egypt (CIB) announces that the Bank received today preliminary approval from the Central Bank of Egypt to establish yomo digital...

Capital.com to offer spot crypto buying in UAE after Capital Vault secures CMA licence

Capital.com has announced plans to offer virtual asset investment services to clients in the UAE, following a licence granted to its affiliate Capital Vault...

BENEFIT Launches Digital Direct Debit to Advance Lending in Bahrain

BENEFIT, Kingdom's innovator and leading company in fintech and electronic financial transactions service, has launched its Digital Direct Debit service, bringing credit and payment...

Jordan Ahli Bank Introduces Jordan’s First ‘Rent Now, Pay Later’ Service, Advancing Banking Innovation

Jordan Ahli Bank has launched the Kingdom’s first-of-its-kind ‘Rent Now, Pay Later’ service in the banking sector, granting customers a flexible way to finance...

Telr and Jet Application Join Forces to Redefine Quick-Commerce Payments in Jordan

Telr Payment Gateway, the award-winning Emirati payment gateway, has announced a strategic partnership with Jet Application, a leading Jordanian quick-commerce application for groceries and...

FAB Introduces 20% Salary Transfer Cashback Offer with Up to AED 9,000

First Abu Dhabi Bank (FAB) has launched a new salary transfer offer that rewards customers with up to AED 9,000 a year, not simply...

Abdallah Abu-Sheikh: Mal is building the world’s first AI-native Islamic digital financial platform

Abdallah Abu-Sheikh, Founder and CEO of Mal, said AI is creating an opportunity to rethink financial services around the customer, moving beyond traditional digital...

NBB launches digital multi-currency debit card feature

National Bank of Bahrain (NBB) has launched a multi-currency debit card feature, allowing customers to manage and spend in multiple currencies through its mobile...

Mobility fintech startup Naran raises $10M from Landel to scale across LatAm and Africa

Naran, a UAE-based mobility financing and fleet infrastructure platform, raised $10 million in equity and debt financing from Landel, a UAE-based investment firm. The...

ADX Becomes First MENA Exchange to Open “Live: Market Data Directly to ChatGPT, Claude and Other AI Platforms”

The Abu Dhabi Securities Exchange (ADX), one of the fastest growing exchanges in the world, has become the first exchange in the MENA region...

Yuno Raises $45 Million Series B to Scale the AI-Native Operating System of Global Payments and Financial Services

Yuno, AI-native operating system of global payments and financial services, powering the financial infrastructure of enterprise merchants, banks, and wallets, announced a $45 million...

Sinder UAE Beta Reaches 213 Active Customers and AED 127,499 in Card Spend

Sinder’s UAE beta continues to grow, with more customers progressing from account creation into funding, card activation and repeated international spending. As of 5 August...

Mastercard announces new lead for Eastern Europe, Middle East and Africa region

Mastercard announced that Yasemin Bedir has been appointed President of the company’s Eastern Europe, Middle East and Africa (EEMEA) region, effective 1 September. The company’s EEMEA region was...

Klivvr & Newgiza Sports Club enhance member experience through innovative digital financial solutions

Klivvr, The Innovative Digital Ecosystem that Provides Greater Flexibility and Full Control Over Users’ Financial Lives, has announced the signing of a strategic partnership...

Revolut receives French banking licence

Revolut, the global fintech with over 75 million customers globally, today announced that Revolut Bank S.A. (RBSA) has received a full banking licence, following...