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.
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.
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.
