Tag: Abu Dhabi
Dosh Payments acquires technology license from ADGM
Dosh Payments, a pioneering neobank, has acquired a technology license from the prominent international financial hub, Abu Dhabi Global Market (ADGM).
Cyber risk pioneer Cypherleak secures $750,000 in seed funding
Cypherleak, a trailblazing cyber risk monitoring and scoring startup, has garnered an impressive $750,000 seed round. The financial backing came from prominent investors based...
Israeli FinTech funding on track to half in 2023 as average...
Key Israeli FinTech investment stats in H1 2023:
• Israeli FinTech companies raised a combined investment of $617m during the first six months of 2023,...
MENA-based investor Flat6Labs signs MoU with Wio Bank
Flat6Labs, a seed and early-stage venture capital firm, has signed a Memorandum of Understanding (MoU) with Wio Bank, the MENA region’s first platform bank.
Pyypl closes Series B to support financially underserved in MEA
Pyypl, which aims to support the financially underserved in the Middle East and Africa (MEA), has raised $20m for its Series B.
eToro gets approval to operate as broker in Abu Dhabi
Social investing network eToro has received an ‘In-Principle Approval’ to operate as a securities, derivatives and crypto broker in Abu Dhabi.
Abu Dhabi develops crypto-focused committee
Abu Dhabi has created a government body to develop its strategy for the regulation and promotion of virtual assets.
Teen-focused banking app Zywa scores $3m
Teen-focused banking app Zywa, which is aimed at Gen Z in the Middle East and North Africa, has scored $3m in its seed funding round.
NymCard secures $7.6m in Series A round
Banking as a service startup NymCard Banking has bagged $7.6m in a Series A funding round.
Abu Dhabi launches three RegTech pilots
The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) has launched three RegTech pilots, in a bid to bolster compliance and risk management outcomes.