Fintech funding continues to surge as Second Edition of Dubai FinTech Summit commences
The MENA FinTech market is expected to register a CAGR of over 8% during the period 2024 to 2029, as fintech funding surges.
Imminent Bitcoin Halving set to make Bitcoin twice as rare as Gold: Bybit
Each Bitcoin halving sharpens the narrative of Bitcoin as not just a currency, but a scarce digital asset, akin to digital gold.
UAE fintech Fortis closes $20 million Series A funding round led by Opportunity Venture
Fortis recently announced the successful closure of its Series A funding round, securing $20 million led by Opportunity Venture.
Fasset app goes live following license approval by Dubai’s Virtual Assets Regulatory Authority
The Fasset app is now live after the company became one of the first to be granted a VASP Licence by the Virtual Asset Regulatory Authority (VARA) in Dubai, UAE.
Mitgo Group acquires UAE-based finance platform Embedded
Mitgo Group has officially announced its acquisition of the UAE-based finance platform, Embedded.
The number of investment app users in the UAE may reach 1 million in 2028
UnaFinancial expects the number of active daily users of investment apps in the UAE could exceed one million as early as in 2028.
Kaskade Finance closes oversubscribed Pre-Seed funding round
Kaskade Finance, a gamified incentivization layer protocol, have announced the closure of its pre-seed funding round from over 40 investors.
UAE HR & Fintech startup RemotePass raises US$5.5 million in Series A funding
RemotePass, a UAE HR and Fintech platform, has secured USD$5.5 million in Series A funding.
