CAPEX appoints Paul Turner as Executive Director – UAE & MENA Region
CAPEX, the global, multi-asset FinTech provider, have appointed Paul Turner as the new Executive Director – UAE & MENA Region.
Nomura’s Laser Digital receives Virtual Asset Service Provider Licence from Dubai’s Virtual Asset Regulatory Authority
Laser Digital, Nomura’s Dubai-based digital asset subsidiary, has received its operating license approval from Dubai’s Virtual Asset Regulatory Authority.
Global fintech funding falls to US$52.4 billion, but it’s not all bad news: KPMG Pulse of Fintech – H1 2023
The first six months of 2023 were difficult for the fintech market globally, with both total funding and the number of deals dropping, from US$63.2 billion across 2,885 deals in H2’22 to US$52.4 billion in across 2,153 deals in H1’23. The cloud of uncertainty permeating the market continued to wear on investors, driven by factors including global macroeconomic concerns (high inflation and rising interest rates), geopolitical tensions (the ongoing conflict between Russia and the Ukraine), and tech sector challenges (depressed valuations and a continued lack of exits). The collapse of several US banks early in 2023 likely also kept many investors in wait and see mode during H1’23. But not […]
Binance the First Virtual Asset Exchange to receive an Operational MVP License in Dubai
Binance is the first virtual asset exchange in the world to secure an Operational MVP License from Dubai’s Virtual Assets Regulatory Authority (VARA).
Noon launches P2P payments service Noon Pay
Noon, a digital ecosystem of products and services, have announced the launch of Noon Pay, noon’s peer-to-peer payments service in KSA and the UAE.
Trigger Software and Sigma Software partner on digital banking projects
UAE’s Trigger Software has agreed to work together with Sigma Software on the projects in the digital banking space.
Turkey signs cooperation agreements in the fintech sector with Gulf countries
Turkey has boosted its fintech collaboration with Gulf countries through signed agreements during visits to the UAE, Saudi Arabia and Qatar.
DIFC Innovation Hub launches 9th edition of its FinTech Accelerator Programme
Dubai International Financial Centre (DIFC) today launched the 9th edition of DIFC Innovation Hub’s coveted FinTech Accelerator Programme.
