FintechSaudi Arabia fintech HyperPay for MEA ExpansionPritam BordoloiOctober 14, 2019 by Pritam BordoloiOctober 14, 2019 The startup currently has presence in the UAE, Jordan, Egypt, Kuwait, Bahrain, and Oman... Read more
FintechChinese startup XTransfer secures $15 mn funding for global expansionPritam BordoloiOctober 11, 2019 by Pritam BordoloiOctober 11, 2019 The funding round led by eWTP Fund also included China Merchants Venture Capital, Yunqi Partners, and Gaorong Capital... Read more
FintechSaudi 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
FintechSingapore 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
coverstoryFintechMagazineSeptember-October 2019 IssueFintech startups play a key role in Saudi Arabia’s Vision 2030Bharath KumarSeptember 20, 2019April 2, 2020 by Bharath KumarSeptember 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
FintechDIFC 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
FintechEgypt 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
FintechNigerian 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
FintechEgypt’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
FintechKenyan 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