Tag: Middle East

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.

Biometrics company Fingerprint Cards brings payment card to Middle East

Biometrics company Fingerprint Cards has collaborated with financial and banking solution provider Technical Equipment & Supplies Company.

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.

UAE-based digital bank YAP collects funding ahead of expansion into Saudi...

 UAE-based digital bank YAP has reportedly collected $41m in fresh funding, with plans to expand into Saudi Arabia.

UAE-based PropTech Huspy closes Series A

Huspy, an EMEA PropTech startup, has collected $37m in its Series A funding round, which was led by Sequoia Capital India.

Sokin deepens Mastercard partnership with Middle East and Africa jump

PayTech Sokin has signed a partnership agreement with Mastercard to support the roll-out of its fixed-price payment services across the Middle East and Africa.

Pluto closes seed on mission to be the Ramp of MENA

Corporate spend management solution Pluto has reportedly raised $6m for its seed round, as it continues its goal of becoming the market leader in the Middle East.

Bahrain crypto exchange Rain nets $110m

Bahrain-based cryptocurrency exchange Rain has collected $110m in its Series B funding round. The investment was co-led by Paradigm and Kleiner Perkins, with commitments also...

MENA region gets its first FinTech-focused fund

VentureSouq, a venture capital firm based in Dubai, has closed its MENA FinTech Fund I on $50m, which marks the first fund of its type in the region.

Verity preps for launch to help families in Middle East educate...

UAE-based FinTech startup Verity has received $800,000 in its pre-seed round, as it prepares for the launch of its family banking and financial literacy app specifically designed for the Middle East.

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