Thrive Agric, a fintech providing smallholder farmers access to finance, insights and distribution was crowned 2022 winner of the Visa Everywhere Initiative (VEI) – a global open innovation program and competition for start-ups and fintech companies. Thrive Agric is also the winner of the Visa Direct award for its role in shaping the future of […]

It is believed that 2% to 5% of global GDP, or US$800 billion to US$2 trillion, is laundered annually, and this is a conservative estimate. Money laundering is often associated with illicit weapons sales, smuggling, embezzlement, insider trading, bribery, and computer fraud schemes. It is also prevalent in organized crime, such as human, arms, or […]

PayTabs, Middle East, Africa, and South Asia’s (MEASA’s) award-winning payments powerhouse, in a power play announced that it had acquired a 100% stake in Paymes, Turkey’s largest social commerce platform. The news of the acquisition comes just weeks after PayTabs acquired Saudi Arabia’s Digital Pay in November 2022. Under the terms of the acquisition, Paymes […]

Adyen, the global financial technology platform of choice for leading businesses, announces the launch of its unified commerce solution in Japan. Unified commerce gives businesses end-to-end control of transactions across different sales channels on Adyen’s single platform, enabling innovative and new customer journeys such as click-and-collect, endless aisle, and cross-channel returns. As Japan moves away […]

  Saudi British Bank has launched the SABB Visa Cashback Platinum Credit Card in Partnership with Visa. The card is offered to customers free for life and comes with a wide range of features and benefits, including offers and rewards, as well as cashback of up to 10% of the value of purchases automatically deposited […]

This 5-report series on Payments is a product of the Payments Working Group of the MENA FinTech Association called “SHIFT”. This volume, Know Your Customer (KYC), focuses on the massive importance of eKYC to business efficiency, risk management, and customer acquisition. The key takeaways from this report are: Since 2012, 23.1% of all RegTech investments, […]

anb, a leading banking institution in the Kingdom of Saudi Arabia (KSA), today announced its collaboration with Kyndryl , the world’s largest IT infrastructure services company, to support its digital transformation, as well as its resiliency strategy. Since its founding in 1979, anb has always been an early adopter of advanced technology, with the aim […]

Anghami, the leading music and entertainment streaming platform in the Middle East and North Africa (MENA), is behind another regional first, having joined forces with state-of-the-art generative music platform Mubert to deliver truly bespoke songs for the region’s football fans through Artificial intelligence. Mubert allows users to create high-quality unique soundtracks for a variety of […]

Endava, a global provider of digital transformation, agile development and intelligent automation services, today announces that it has received a number of Microsoft Cloud Partner Program (MCP) designations. The MCP has been newly launched by Microsoft as the company changes the way it works with partners across the world and has revamped its previous Microsoft […]

Yango Deli Tech, a global tech company that provides proprietary technologies and expertise for retailers as well as Q-Commerce, goes live across the GCC. The company assists traditional retailers and marketplaces to transition from a brick-and-mortar format to an online business model, significantly improving fulfilment and delivery processes while also enhancing operational effectiveness. The tech […]