Tag: UAE

UAE government partners with Mastercard to accelerate adoption of AI

The UAE’s Artificial intelligence, Digital Economy and Remote Work Applications Office has announced a new partnership with Mastercard, designed to accelerate the adoption of AI.

Mobility FinTech Moove secures $76m in funding to expand globally

African-founded mobility FinTech Moove has announced a new funding round, securing a total amount of $76m.

The UAE is hit with a Crypto wave in H1 2023,...

Key UAE FinTech investment stats in H1 2023 • UAE FinTech deal activity reached 24 deals in H1 2023, a 54% drop YoY • UAE FinTech...

UAE’s central bank unveils tech and legal partners for CBDC project

The Central Bank of the UAE has selected three new partners to assist in the implementation of its CBDC strategy.

Cybersecurity developer Noventiq acquires Seven Seas Technology

Noventiq, a digital transformation and cybersecurity solution developer, has acquired UAE-based Seven Seas Technology.

Holo raises seed for its digital mortgage services in the Middle...

Holo, which provides free digital mortgage services in the Middle East, has closed a seven-figure funding round in their latest seed.

Spend management startup Alaan bags $4.5m

Alaan, a spend management platform for MENA businesses, has reportedly collected $4.5m in its pre-Series A funding round.

UAE FinTech continues to attract large investments despite deal activity slowdown

• FinTech deal activity in the UAE reached 15 deals in total, no change from the previous quarter although this was a significant 45%...

UAE’s expense management startup Qashio nets $10m

Qashio, a UAE-based expense management platform, has collected $10m in its seed funding round to support its growth into the Kingdom of Saudi Arabia.

KLAIM plans to raise $5m for its latest funding round

KLAIM has raised $5m in its latest funding round, which will help it scale receivable purchase operations in the UAE.

Download the free AIFinTech100 report

FREE

Download the AIFinTech100 report for 2023 with details on each solution

120,000+ FinTech leaders get exclusive industry stories delivered every week