Saudi - Seamless Xtra

Start-up investments in MENA surge by 260% to $355 million

by Mark Dowdall | Aug 13, 2024

Investment in start-ups across the Middle East and North Africa (MENA) surged in July with $355 million raised by 38 start-ups.

Arab National Bank and IDEMIA launch braille printed payment card in Saudi Arabia

by Mark Dowdall | Feb 7, 2024

IDEMIA Secure Transactions (IST) has partnered with arab national bank to launch the first card with braille printing technology in Saudi Arabia.

Panda Retail Company taps Revionics’ AI-powered pricing platform in Saudi Arabia

by Mark Dowdall | Jan 16, 2024

Saudi Arabia’s Panda Retail Company will use Revionics’ intelligent pricing platform as part of plans to adopt a more data-driven approach to its pricing decisions.

Saudi fintech Tameed raises $15 million in Series A funding

by Mark Dowdall | Jan 3, 2024

Tameed’s Series A funding round led by Alromaih Group comes on the back of increased digital lending demand in Saudi Arabia where economic growth is being fuelled by giga-projects and Vision 2030 initiatives.

Tabby raises $700 million in debt financing from J.P. Morgan

by Mark Dowdall | Dec 29, 2023

The deal reflects the largest asset-backed facility obtained by a fintech company in the MENA region and caps a significant year for Tabby’s Buy Now Pay Later platform.

Buy Now, Pay Later set for biggest day in history, says Uplo

by Mark Dowdall | Nov 23, 2023

MENA-based ecommerce firm Uplo has predicted that payments via buy now, pay later (BNPL) will, for the first Black Friday in history, overtake the volume and value of payments made in cash.

FAB, Magnati team up with Geidea to boost Saudi digital payments

by Mark Dowdall | Aug 28, 2023

First Abu Dhabi Bank (FAB) and Magnati have joined forces in a strategic alliance with fintech Geidea to provide digital payment acceptance services for businesses in the Kingdom.