Saudi Arabia grants fintech permits for crowdfunding startupsPritam BordoloiOctober 3, 2019 by Pritam BordoloiOctober 3, 2019 The permits have been granted to Afaq, Buthoor Solidarity and Emkan Alarabiya Company... Read more
Singapore faces human capital shortage in fintech sectorPritam BordoloiSeptember 26, 2019November 1, 2019 by Pritam BordoloiSeptember 26, 2019November 1, 2019 94% of employers in the fintech industry claim Singapore faces a talent shortage... Read more
Fintech startups play a key role in Saudi Arabia’s Vision 2030International FinanceSeptember 20, 2019April 2, 2020 by International FinanceSeptember 20, 2019April 2, 2020 With regulatory, infrastructural, and talent challenges getting resolved, Saudi Arabia might be on the cusp of a fintech revolution... Read more
DIFC registers over 100 new fintech startups since end-2018International Finance DeskSeptember 17, 2019November 4, 2019 by International Finance DeskSeptember 17, 2019November 4, 2019 Leading fintech companies have picked the centre as their preferred jurisdiction in the Middle East region... Read more
Egypt central bank plans $50mn to $100 mn fintech fundInternational Finance DeskSeptember 12, 2019November 4, 2019 by International Finance DeskSeptember 12, 2019November 4, 2019 The Egyptian government will develop seven technological parks in Egypt for about $60.8million... Read more
Nigerian startup Kuda raises $1.6 mn in pre-seed fundingInternational Finance DeskSeptember 11, 2019December 17, 2019 by International Finance DeskSeptember 11, 2019December 17, 2019 The proceeds from the funding might be used for it to transition from beta to live launch of its online mobile finance platform... Read more
Egypt’s Fawry targets UAE, Saudi Arabia, and Kuwait for expansionInternational Finance DeskSeptember 9, 2019December 17, 2019 by International Finance DeskSeptember 9, 2019December 17, 2019 Fawry is also considering a deal with a UAE bank to use its technology platform in the UAE and other gulf countries... Read more
Kenyan fintech 4G Capital to increase lending to SME’sInternational Finance DeskSeptember 3, 2019December 17, 2019 by International Finance DeskSeptember 3, 2019December 17, 2019 The number of loans to be lent by the fintech in 2019 will be 420,000 which is worth $46 million... Read more
Crowdo partners with Indonesian banks for SME funding in BaliInternational Finance DeskAugust 30, 2019December 17, 2019 by International Finance DeskAugust 30, 2019December 17, 2019 Crowdo’s tie up with secondary banks to help boost financial inclusion in Indonesia... Read more
Dubai named the seventh best fintech location globallyInternational Finance DeskAugust 28, 2019December 17, 2019 by International Finance DeskAugust 28, 2019December 17, 2019 The ranking cements Dubai’s position as a leading fintech capital across the globe... Read more