Telemart, one of Pakistan’s largest ecommerce marketplaces, has signed a partnership with OneLoad which is a social enterprise focusing on providing financial services to the poor. OneLoad operates a network of thousands of retailers across Pakistan to serve them as a financial services aggregator via its mobile app. Through this partnership, Telemart will provide access […]

Fintech startup PayMint signed a cooperation protocol with Egypt’s Commodities Exchange (EMX) to develop EMX’s internal financial payment system. PayMint leverages innovative solutions to improve infrastructure of the internal trade system and support the government’s vision to safeguard small farmers and producers. This entails setting up a state-of-the-art e-platform which provides and categorizes commodities via […]

NOW Money, the GCC’s first mobile banking solution focused on financial inclusion, and ThetaRay, a leading provider of AI-powered transaction monitoring technology, announced a collaboration to implement ThetaRay’s cloud-based AML solution to monitor cross-border payments and support in the prevention of financial crimes and money laundering on the fintech’s payments platform. NOW Money selected ThetaRay’s advanced […]

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 […]

Ooredoo Kuwait, the first to introduce digital innovative services in Kuwait, has shown motive and aspirations to provide the newest of services to enhance and upgrade the concepts of customer experience. Ooredoo has continuously shown interest in the digital advancements that FinTech has shown across nation and region including the support shown by the regulatory […]

First Abu Dhabi Bank (FAB), the UAE’s largest bank and one of the world’s largest and safest financial institutions, has become the first bank in the Middle East to join Komgo, a fintech offering digital network, trade and working capital workflow solutions for corporate and financial institutions. Through the Komgo Network, FAB’s key clients can […]

Confluent, Inc., the data streaming platform to set data in motion, announced that Arab National Bank, one of the largest banks in the Middle East, has successfully leveraged the Confluent Data Streaming Platform to unlock the power of its operational and customer data. This is enabling the bank to introduce innovative new services that enhance […]

Galileo Financial Technologies, LLC, a leading financial technology company owned and operated independently by SoFi Technologies, Inc., announced a buy now, pay later (BNPL) solution with issuance of single-use virtual cards and complete loan servicing. Banks and fintechs will have access to the customizable Galileo Buy Now, Pay Later solution, offering them easy entry into […]

Global fintech Airwallex announced it has partnered with Plaid, the data network powering the digital financial ecosystem, to offer an integrated solution that can streamline Automated Clearing House (ACH) payments, and enable a more seamless, safe and cost-efficient way to authorize debits from their bank accounts and fund their Airwallex accounts.  With the Plaid integration, Airwallex customers […]

Within the course of the Central Bank of Kuwait’s (CBK) continuous initiatives to encourage and develop FinTech in the State of Kuwait and to adopt emerging FinTech startups, the CBK held a workshop on the Regulatory Sandbox for digital transformation and innovation specialists in local banks. The Sandbox is a safe environment for testing FinTech […]