Teen-focused UAE fintech Zywa raises US$3 million
UAE fintech Zywa, a teen-focused startup that’s re-imagining banking for Gen Z in MENA, has completed a seed funding round of US$3 million.
Global artificial intelligence market size in fintech expected to reach USD41 billion by 2030
The global artificial intelligence in fintech market size is expected to reach USD 41.16 billion by 2030.
UAE startup Appro launches to streamline and simplify retail banking application processes
SC Ventures has announced the launch of Appro, a fintech startup that digitises, streamlines and simplifies the retail banking user journey.
India’s Beams Fintech Fund looks to expand into the UAE and beyond
Beams Fintech Fund is looking to expand globally and sees the UAE as well positioned to be the international hub.
Dubai Buy Now Pay Later fintech Tabby secures $150 million credit facility
Dubai fintech Tabby has announced a $150 million credit facility with Atalaya Capital Management and existing investor Partners for Growth.
“Global Finance”: The UAE leads “fintech” regionally
Global Finance magazine stated that the UAE leads the Middle East and North Africa region in adopting the fintech.
UAE consumers embrace digital payments: Mastercard’s New Payments Index 2022
Mastercard’s New Payments Index 2022 found that 88% of people in the UAE have used at least one emerging payment method in the last year.
Enhance Ventures launches $30m fund to invest in FinTech and commerce in Middle East
Enhance Ventures has launched a $30 million Builders Fund to invest in new initiatives in the areas of finance technology and commerce in the Middle East.
