A new cashback app backed by a $1.2 million investment from the Mitgo Group, has launched in the Middle East and North Africa (MENA) region as the popularity of cashback services continues to grow.
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Prepay Nation, a B2B prepaid products marketplace which specialises in cross-border transfers has teamed up with blockchain expert, Loyyal, to enhance loyalty incentives.
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Through the collaboration, Mastercard and areeba are planning to support fintech companies and non-banking financial institutions by building ready-to-market hubs in selected Arab countries.
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Brands recorded all-time highs in sales with MENA customers placing 63% more orders and spending 35% more on them compared to a “normal period”.
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The banking sector in the Middle East and North Africa (MENA) surged significantly in the first half of this year with a 30% rise in net profits and a 12.2% increase in net assets year on year.
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Cash usage in the Middle East and North Africa (MENA) region has halved in the last five years, online retail management company Uplo has revealed in their latest annual report.
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Saudi Central Bank gives Tabby go-ahead to provide BNPL services
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Mashreq deploys Electronic Facial Recognition for online bank account onboarding
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GroCart is aiming to expand its B2B operations across the MENA region, targeting countries such as Egypt that have a high concentration of small shops.
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Tap Payments becomes the first payment partner in the region that can both enable PayPal and fully manage its onboarding, operations, and payouts for businesses
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