Fintech Galaxy appoints Turki AlAhmed as Bahrain Country Manager
Galaxy, the first Central Bank-regulated Open Finance platform in the Middle East, announced the hiring of Turki AlAhmed.
MENA fintech Tabby raises $58 million Series C from Sequoia Capital India, STV and PayPal Ventures
Tabby has raised $58 million from Sequoia Capital India, STV, PayPal Ventures, Mubadala Investment Capital, Arbor Ventures.
UAE fintech Alaan raises $4.5 million in a pre-Series A round
UAE-based Alaan has raised $4.5 million pre-Series A funding, backed by Presight Capital, Y Combinator, and angel investors.
Streaming platform TOD selects TPAY for mobile payments
Streaming platform TOD has partnered with TPAY allowing users to subscribe to its sports and entertainment content via their mobile numbers.
LuLu Exchange partners with Mercury to launch Lulu Money Salary Card
Leading UAE cross-border payments provider LuLu Exchange partners with Mercury to launch Lulu Money Salary Card.
UAE social investing startup InvestSky launches following a $3.4 million pre-seed fundraise
InvestSky, a social investing platform for a new generation of retail investors across GCC, has raised $3.4 million in a pre-seed funding round led by Emkan Capital.
Flat6Labs and Wio Bank sign MoU to streamline and enhance banking services for UAE start-ups
In a bid to further strengthen Abu Dhabi’s entrepreneurship ecosystem, Flat6Labs and Wio Bank have signed a Memorandum of Understanding.
UAE fintech PayBy receives both SVF and RPS licences from the UAE Central Bank
UAE fintech PayBy has been licensed by the Central Bank of the UAE to conduct Stored Value Facility (SVF) and Retail Payment Services (RPS) operations.
