Digital Banking

Kredete Launches Africa’s First Stablecoin Credit Card with Visa

Kredete, the financial technology platform helping African immigrants and diaspora communities access stablecoin-powered financial services, announced its recognition at the Visa Africa Fintech Accelerator...

Mashreq partners with Toothpick to launch UAE’s first digital loan solution for healthcare services

Mashreq, a leading financial institution in the MENA region, has partnered with Toothpick, a prominent healthcare platform with a network of more than 1,000...

Zazu partners Visa to launch Morocco’s first 100% online business account

Pan-African digital banking platform Zazu, which is built exclusively for entrepreneurs and SMEs, has partnered digital payments leader Visa to offer the first 100...

OpenFX Raises $94M to Build Stablecoin-Based FX Infrastructure

OpenFX has secured $94 million in a Series A funding round as it develops a platform using stablecoins to speed up cross-border payments. CEO...

Revolut launches AI-powered money assistant

Revolut has introduced an AI assistant called AIR to help users manage their finances through simple in-app conversations. The tool is rolling out first...

Careem Pay expands remittances to Türkiye and the Kingdom of Saudi Arabia

Careem Pay, the digital payments platform within the Careem app, expands its remittance service to include Türkiye and the Kingdom of Saudi Arabia, enabling...

Flutterwave Secures Nigerian Banking License to Accelerate Payment Efficiency

Flutterwave Inc., Africa’s leading payments technology company, announced it has secured a Nigerian banking license. This license enables the company to hold funds and...

Kulipa Raises $6.2M to Scale Stablecoin Payments and Card Issuing Infrastructure for Global Fintech Platforms

Kulipa, a Paris-based stablecoin card issuing infrastructure platform, has raised $6.2 million in seed funding co-led by Flourish Ventures and 1kx, with participation from...

Lucky secures $23mln Series B funding to scale credit access across North Africa

Lucky, a leading financial technology company in Egypt and the Middle East, today announced the successful closing of a $23 million Series B funding round,...

Weyay Bank collaborates with Nafas Center to promote well‑being

In recognition of World Health Day, Weyay Bank, Kuwait’s first digital bank and a pioneer in innovative financial solutions, has announced a new collaboration...

Mashreq launches first-of-its-kind instant digital cross-border accounts for Egyptians in the UAE

In a groundbreaking move set to transform cross-border banking for Egyptians abroad, Mashreq has become the first UAE-based bank to offer a fully digital...

Nium launches dual-network stablecoin card issuance platform enabling businesses to spend digital dollars at hundreds of millions of merchant locations worldwide

Nium, the global infrastructure leader for real-time cross-border payments and card issuance, today launched its stablecoin card issuance platform.  The solution enables companies holding stablecoins to...

du Pay and GCash join forces to deliver added value on cross-border transfers to the Filipino community in the UAE

du Pay, the advanced digital financial services platform from du, a secure mobile application for managing money in the UAE, has signed a strategic...

mylo Launches New InstaPay Feature for Seamless Installment Payments

mylo, the fintech venture that grew out of B.TECH, announced the launch of a new feature allowing customers to easily pay their due installments...

Lean Technologies becomes the first licensed company to provide open banking services in the Kingdom of Saudi Arabia

Lean Technologies, the MENA region's leading financial infrastructure provider, has been granted the first Major Payment Institution license by the Saudi Central Bank (SAMA),...

zypl.ai Secures USD 5.5 Million in a Strategic Bridge Round

zypl.ai, a pioneering AI company applying synthetic data for AI decisioning in financial services, announced USD 5.5 million raised at a valuation of USD...

Visa and Bridge Expand Collaboration, with Plans to Bring Stablecoin-Linked Cards to Over 100 Countries

Visa is deepening its partnership with Stripe-owned stablecoin infrastructure platform Bridge to expand stablecoin-backed Visa cards worldwide. Since launching stablecoin-linked cards, developers using Bridge have...

Oman Investment Bank advises on the successful completion of a $130mln investment in Uzum by Omani sovereign entities

Oman Investment Bank is pleased to announce the successful completion of a US$130 million minority investment in Uzum, Uzbekistan’s leading digital services ecosystem, by...

Shorooq Invests in AMI Labs as Yann LeCun’s AI startup raises $1.03bln

Shorooq announced its participation in the $1.03 billion funding round of AMI Labs (Advanced Machine Intelligence), the newly launched artificial intelligence company founded by...

Basata enables cash-in and cash-out for all mobile wallets across 120,000 points of sale

Basata Holding for Financial Payments S.A.E, a leading fintech company specializing in digital payments, has announced the launch of a new service aimed at...

Mawarid Finance and Liabify join forces to redefine infancial lfexibility fr middle-income workers in the UAE

The strategic partnership introduces LiaPay, an AI-powered prepaid platinum Mastercard with Earned Wage Access and a full digital financial ecosystem for middleclass workers. Dubai, United...

Pine Labs Plans Stablecoin-Backed Prepaid Card Launch Across MEA and Southeast Asia

Indian fintech company Pine Labs is preparing to introduce a stablecoin-backed prepaid card across multiple markets in the Middle East, Africa, and Southeast Asia,...

Rewa Launches Digital Rent Payment and Rewards App in UAE

Rewa has officially launched its digital rent payment and rewards app across the UAE, offering tenants a smarter way to manage their largest recurring...

CBUAE Develops World’s First Sovereign Financial Cloud Services to Strengthen Financial Sector Competitiveness

The Central Bank of the UAE (CBUAE) has partnered with Core42, a G42 company and full-spectrum AI enablement solutions provider, to build a sovereign...

Hoxton Wealth App Surpasses $10 Billion in Tracked Assets

The Hoxton Wealth app, which brings investors’ global finances together for seamless control and insights is now tracking $10 billion in assets worldwide, less...

Payoneer Adds Stablecoin Tools for Cross-Border Businesses

Payoneer, the global financial technology company powering business growth across borders, announced plans to launch a suite of stablecoin capabilities embedded within the Payoneer...

Visa Creates Egypt-Libya-Sudan Sub-Region to Boost Digital Payments

Visa has established a new sub-region covering Egypt, Libya, and Sudan as part of its regional growth strategy. The move reflects the company’s focus...

Emirates NBD Leads $31M Series B Funding for Stake

UAE-based proptech company Stake has successfully raised $31 million in its latest Series B funding round, led by Emirates NBD. With this latest investment,...

Madfu raises USD 25.5 mln in pre-Series A

Saudi Arabia’s fintech scene is on a proper roll, and the latest sign of that momentum comes from Madfu, a homegrown Buy Now, Pay Later...