Al Fardan Exchange and Thunes partner for instant payments to 87 countries
Al Fardan Exchange customers can make payments to 87 countries in Europe, Africa, APAC and LatAm.
Al Fardan Exchange customers can make payments to 87 countries in Europe, Africa, APAC and LatAm.
Payoneer will deploy ThetaRay’s Sonar solution from Q2 2022.
The cash will go towards expanding its product offering and supporting its international expansion.
The company also confirmed the acquisition of cryptocurrency fundraising platform The Giving Block.
Volopay is “building the control centre for modern companies for all their financial management needs”.
The digital bank will initially cater to the country’s SMEs, with a beta launch expected in Q1 2022.
The neobank has been built by Cairo Amman Bank, a full-service bank in Jordan and Palestine.
Malhas moves from Capital Bank of Jordan, where she was chief digital officer.
D360 becomes the third digital bank in Saudi Arabia to be licensed.
The Saudi Investment Bank has implemented Moneythor’s personal financial management tools.
Karty allows users to spend, save and manage their money.
Mashreq Bank is Israel-based ThetaRay’s first customer in the UAE.
The Iraqi bank has selected the ICS Banks Islamic core banking system.
The investment will be used to bring insurance products to Rewire’s 600,000 users.
Led by Accenture, the consortium will build and operate the platform over the next five years.
Temenos has signed Tatra banka in Slovakia and ZainCash in Iraq.
Rain’s $110m Series B funding round was co-led by Paradigm and Kleiner Perkins.
The Series A funding round was led by Sequoia Capital India.
Personetics’ technology analyses real-time financial data at customer touchpoints, learning their financial behaviours.
Suhail Bin Tarraf joins from Emirates Islamic Bank, where he was COO for five years.
Beyon Money has recently secured a “first of its kind” open banking licence.
Tie-up expands capabilities for the US customers of Unit’s Banking-as-a-Service (BaaS) platform.
Weyay is in beta mode and will target the country’s large youth market.
Company aims to increase blockchain bandwidth to scale technology for mass use.
8fig says it’s on a mission to propel 10,000 sellers to eight-figure revenue by 2025.
The $800,000 round comes ahead of a planned launch in UAE later this year.
Singapore’s TradeTrust enables counterparties and banks to validate documents digitally.
The charge related to the closure will affect the bank’s operations through the rest of 2021 and 2022.
Edfundo says it is on a mission to help 8 to 18-year-olds become financially literate.
The bank is in the midst of a five-year transformation plan across its channels.
The e-filing company will also broaden its offering to people and businesses.
Lebanese bank switches to existing partner for new core banking infrastructure.
SoFi plans to extend its credit lending services to a broader audience.
Cardoso joins from Standard Chartered, where he worked as a senior managing director.
Its new project, mBridge, experiments with new CBDC combinations.
Bank ABC operates across the Middle East, North Africa, Europe, the Americas and Asia.
New fintech aims to sit atop payment flows and enable easier transactions.
New Saudi Arabian fintech aims to help SMEs with their growth.
New bank aims to break into an already crowded sector.
The event highlighted the imperative to endow the digital future of the region.