82% of MidEast banking customers are open to fintech solutions: Study
The study found that of the 18% unwilling to use fintech, 40% cited security and privacy as their biggest concerns...
Tag : Middle East fintech
UAE-based Fintech TPAY Mobile acquires 100% stake in Turkey’s Payguru
The deal is subject to the approval of the Central Bank of the Republic of Turkey and the Competition Authority...
STC Bahrain and NEC join hands to launch virtual prepaid Mastercard
The new facility will allow users carry out transactions in a much faster, safer and efficient way...
Mubadala acquires a 3.4% stake in UK fintech Finablr
The acquisition is made MIC Capital Partners, a fund owned by Mubadala Investment Company...
Bahrain’s GFH acquires 70% stake in Dubai fintech Marshal
While GFH will hold a 6.3% stake in Marshal, GFH’s investors will hold up to 63.7%...
StanChart and Bahrain Fintech Bay to nurture fintechs
The two parties will carry out thought-leadership and mentorship programmes and share their expertise and solutions with fintechs...
Cashless society: epayments catch fire in Saudi Arabia
Saudi Arabia achieved 36% epayments out of all payments in 2019 against a target of 28% for 2020. Is this growth sustainable?...
Bahrain government epayments increase by 29% in third quarter
445, 000 financial transactions were carried out during the period which amount to $121.25 mn...
Saudi Arabia fintech HyperPay for MEA Expansion
The startup currently has presence in the UAE, Jordan, Egypt, Kuwait, Bahrain, and Oman...
Saudi Arabia grants fintech permits for crowdfunding startups
The permits have been granted to Afaq, Buthoor Solidarity and Emkan Alarabiya Company...