Wizz Financial receives FCA approval to acquire UAE Exchange UK
Global fintech company Wizz Financial, has received approval from the UK’s FCA to complete the acquisition of UAE Exchange UK Limited.
Is Fintech dead? Ha! Half a billion raised globally just last week!
Is fintech dead? Just last week there was over US$566 million invested in fintech and insurtech companies from around the globe.
Open Banking can be a game-changer for UAE’s crypto adoption
Open Banking can scale back the friction with on-ramping and subsequently improve crypto adoption in the UAE.
FinTech Pemo Snags $12M in Seed Funding
Dubai-based FinTech Pemo has raised $12 million in a seed funding round that it will use for continued product development and expansion.
One in every four investment deals in Middle East goes to fintech: Report
One in four Middle East investment deals was made in the fintech sector, pulling nearly 30% of all the funding raised during the year.
Sarwa closes $15 million funding round led by Mubadala Investment Company
Investment and personal finance platform Sarwa has closed a $15 million Series B financing round led by Mubadala Investment Company.
tabby raises $50m Series B to accelerate growth and enter new markets
Tabby’s new $50 million Series B financing will be used to expand tabby’s product portfolio and enter a number of new markets.
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.