This one caught my attention over at Magnitt:Proptech startup Ajar has raised $7.5 million in total funding and aims to revolutionize real estate management through its platform. The platform offers a range of services including rent collection, maintenance requests, and tenant communication.Read more
DIFC funds FlexxPay, Go Rise, Now Money & Sarwa
I was sure it was only a $10m fund! But, it must have been a typo when I wrote about this in March last year. Anyway, this is exciting. More investment news! Congratulations to newly funded companies FlexxPay, Go Rise, Now Money and Sarwa! More details on them all below… The Dubai International Financial Centre […]
Jingle Pay to Launch Digital Banking in UAE
This one caught my attention over at Fintech Futures:Dubai-based fintech Jingle Pay is set to launch a digital banking platform in the UAE, offering customers a range of services including account opening, payments, and remittances. The platform will also provide a virtual debit card and allow users to make international transfers.Read more
Ziina secures $850k funding and introduces P2P payment app in Dubai fintech scene
This one caught my attention over at Fintech Futures:Dubai-based fintech start-up Ziina has raised $850,000 in a pre-seed funding round and launched its peer-to-peer (P2P) payment app. The app allows users to send and receive money with just a phone number, and aims to simplify P2P payments in the Middle East.Read more
Abu Dhabi’s Dapi faces challenges with open banking in MENA
This one caught my attention over at Fintech Futures:Abu Dhabi-based fintech Dapi is facing challenges in implementing open banking in the Middle East and North Africa (MENA) region due to regulatory and technical hurdles. The company aims to provide a unified API for banks and fintechs to access customer data, but is currently facing delays […]
An update on UAE-based BNPL provider Tabby
Fintech News AE has published a brief overview of the user journey for Tabby. It makes for interesting reading if you’re keen to see how they are structuring things. Tabby is a provider of instant credit to consumer shopping at online and offline retailers, operating in the United Arab Emirates (UAE) and Saudi Arabia. Source: […]
Swiss Fintech Instimatch Global Launches in Qatar
This one caught my attention over at Fintech News AE:Swiss fintech startup Instimatch Global has launched its digital platform in Qatar, offering a secure and efficient way for banks and financial institutions to trade short-term, cash deposits. The platform aims to provide a solution to the challenges faced by banks in managing their liquidity and […]
Penser Explores Fintech Landscape in the Middle East
This one caught my attention over at Penser:The article discusses the growth of fintech in the Middle East, highlighting the region’s potential for innovation and investment opportunities. It also explores the challenges and opportunities for fintech companies looking to enter the market.Read more
Capitolis raises $40m in Series B to disrupt capital markets
This one caught my attention over at Fintech Futures:Capitolis, a fintech firm that aims to disrupt the capital markets, has raised $40m in a series B funding round. The funds will be used to expand the firm’s platform and hire new staff.Read more
Buy Now Pay Later: Tabby to launch in UAE shortly
Well, this is interesting. The buy-now-pay-later space has been a hot one for quite a while so it’s no surprise that we see new launches in the Middle East. Congratulations to founder Hosam Arab for raising $2m seed to kick things off. Bring on the launch! Tabby has raised $2 million in seed funding to […]