Because of poor banking, 80% will switch to fintech
The poor experience with services prevalent in traditional banks would motivate eight out of 10 of their customers to switch to alternatives like fintechs.
Dubai fintech Mamo raises $8 million for its digital wallet and payments platform
Dubai fintech Mamo, a digital wallet and payments platform, raises $8 million in its latest Pre-Series A funding round.
SWIFT and Accenture publish joint paper on central bank digital currencies in cross-border payments
SWIFT and Accenture today published a paper on central bank digital currencies (CBDCs) in cross-border payments as part of broader digital asset innovation
Women’s World Banking announces 2021 Fintech Innovation Challenge and new Female Founder Award
Women’s World Banking announce that the application period is now open for the 2021 Fintech Innovation Challenge.
Nayax announces the launch of its global initial public offering
Nayax Ltd. has announced that it has commenced a global initial public offering of its ordinary shares to institutional investors.
Leading Irish RegTech start-up expands to the UAE as demand grows for anti-money laundering compliance software for banks and fintech challengers
DX Compliance build AI-enabled anti-financial crime and compliance software solutions with easy to use features and top-of-the-line capabilities.
Fintech start-up Stripe enters the Middle East with UAE launch
Stripe, one of Silicon Valley’s most valuable private fintech companies, has chosen Dubai for its first expansion into the Middle East and North Africa.
UAE-based fintech NOW Money secures $7m to expand digital banking solution
NOW Money, the GCC’s first digital banking solution for low-income migrant workers, has secured $7m in funding led by Anthemis Exponential Ventures.
