Tags UAE

Tag: UAE

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.

Fintech Galaxy continues financial inclusion goal with seed round close

UAE-based open innovation platform Fintech Galaxy has collected $2m in its seed round to support its goal of boosting financial inclusion in the Middle East and North Africa.

Abu Dhabi Islamic Bank unveils Gen Z-targeted banking services

The Abu Dhabi Islamic Bank (ADIB) has introduced Amwali, a new digital banking proposition that will target youths between the ages of 8 to 18.

Sarwa eyes market, product expansion following $15m Series B

United Arab Emirates-based investment and personal finance company Sarwa has snared $15m from a Series B funding round.

Two fifths of UAE consumers experience online fraud attempts

Two fifths of consumers in the UAE have experienced an online fraud attempt, of which, half would contact law enforcements if it is successful.

Telr launches BNPL platform following tabby partnership

Dubai-based payments gateway company Telr introduced a buy now, pay later (BNPL) solution after entering a partnership with compatriot BNPL firm tabby.

Mobile-payments platform Mamo Pay said to raise $8m in pre-Series A...

Mamo Pay, which simplifies the process of sending and receiving payments, has reportedly collected $8m in its pre-Series A funding round.

GCC’s first digital bank aimed at migrant workers NOW Money nets...

NOW Money, which claims to be the first digital bank for low-income migrant workers in the Gulf Cooperation Council, has netted $7m in funding.

UAE-based Klaim said to close $1m seed round

UAE-based claim management platform Klaim has reportedly raised a $1m seed investment to help it grow its presence in the market.

InsurTech platform Felix secures $800,000 in its seed funding round

Dubai-based InsurTech platform Felix has reportedly collected $800,000 in its seed funding round, which was led by the Oman Technology Fund.

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