The Mass Payments arm of Ebury, the global financial technology firm, is delighted to announce that it has been appointed by InCorp to provide payroll payments for its underlying clients. InCorp Global, a leading provider of corporate services and business advisory across the APAC region, will engage Ebury Mass Payments to facilitate payroll payments throughout […]

TerraPay, a leading global payments infrastructure company, today announces a strategic equity investment from Visa, a world leader in digital payments. In addition, the companies are collaborating to connect Visa solutions to the TerraPay network to help streamline digital cross-border commerce for consumers and SMBs. Visa Direct, which facilitates the delivery of funds directly to […]

Glue42, the interoperability solution provider, today announced their participation in BNY Mellon’s award-winning “Operations-to-Operations” project. This solution streamlines communications between BNY Mellon and its clients and was jointly developed by the two firms. Glue42’s expertise in trading platforms and workflow optimization helped BNY Mellon to deliver a trading-desk-like user experience to everyday middle and back office […]

Paymob, the leading financial services enabler in the Middle East, North Africa, and Pakistan (MENA-P), and Pakistan’s largest interbank network, 1LINK, have announced a partnership agreement to power instant online payouts for merchants registered with Paymob via 1LINK’s payment infrastructure, with Bank Alfalah Ltd. serving as its settlement bank. This partnership represents a unique and […]

Ooredoo Group has recorded successful participation at the world’s largest and most influential connectivity platform, Mobile World Congress. A delegation of executives from the Group and operating companies attended the event, holding a series of top-level meetings with industry peers and world-leading tech giants, and inking major new partnerships that aim to upgrade the world […]

ABHI, an embedded Fintech company, and Telemart, a leading e-commerce marketplace, have partnered to provide Buy-Now-Pay-Later Smartphone Financing to thousands of ABHI app users across Pakistan. As the world rapidly transitions from physical to digital, smartphones have become an essential tool for access to information and communication. With the increasing reliance on technology, owning a […]

HugoBank, Pakistan’s latest digital bank led by a Singapore Consortium, today announced the proposed appointment of Atyab Tahir as Chief Executive Officer, subject to the State Bank of Pakistan’s fit and proper assessment. Following the company’s incorporation, Atyab will set up and lead HugoBank in Pakistan to offer digital banking services to people and small […]

The Dubai FinTech Summit welcomes Visa as a co-host sponsor for the two-day event taking place on 8 and 9 May this year. Visa is a global leader in digital payments that is connecting the world through the most innovative, convenient, reliable, and secure payments network, enabling individuals, businesses, and economies to thrive. “FinTechs are […]

Bank ABC, one of MENA’s leading international banks, has signed agreements with Temenos and NdcTech to replace its core banking systems for its retail, corporate and wholesale businesses and power its subsidiary, ila Bank, the MENA region’s fast-growing digital mobile-only bank, with Temenos’ core banking platform on the Cloud. With this transformation project, to be […]

Sav, a leading innovator in the personal savings space, today announced the successful closure of its pre-seed funding round, raising USD 750,000 in capital. The funding was raised from prominent angel investors and fintech leaders in the MENA region.  Sav, a dynamic platform designed to facilitate financial savings for consumers, is part of the prestigious […]