Start-up investments in MENA surge by 260% to $355 million
Investment in start-ups across the Middle East and North Africa (MENA) surged in July with $355 million raised by 38 start-ups.
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Tag: UAE
Telr partners with Mastercard to introduce Click to Pay in the UAE
By introducing the payment method, the firms are aiming enhance customer confidence and reduce cart abandonment leading to more frequent purchases.
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MultiPass secures licence to provide financial services in the UAE
MultiPass, a part of Dyninno Group, has obtained a financial services licence in the UAE, regulated by the Dubai Financial Services Authority (DFSA).
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Ajman Transport Authority launches contactless payments on public buses
The Ajman Transport Authority has partnered with BPC to become the first authority in the UAE to implement contactless digital payments on public transport buses.
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Commercial Bank of Dubai, Visa ink deal to accelerate digital payments
Under the deal CBD and Visa will establish a ‘Centre of Excellence’ powered by Visa Consulting and Analytics.
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EMX launches ‘EMX International’ to streamline e-commerce delivery in the GCC
EMX has launched a new service designed to streamline e-commerce parcel delivery across the GCC.
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Adyen partners with UAE’s noon to enhance e-commerce payments
By integrating Adyen’s advanced payment solutions, noon is aiming to streamline payment processes,
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Jorge Carrasco: “Financial institutions can benefit most from this technology”
Jorge Carrasco, Blockchain and Web3 expert at FTI Consulting delves into the evolving digital assets landscape in the Middle East.
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Bitpanda MENA observes significant uptick in UAE’s crypto adoption
Walid Benothman, Managing Director of crypto platform Bitpanda MENA believes the UAE is entering a new era that will see it become a leading global crypto hub.
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Mashreq launches API-enabled instant payments for corporate clients in UAE
Mashreq is one of the first financial institutions in the UAE to successfully provide API-based real-time payment capability to its corporate and Institutional clients.
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DBS partners with Mashreq to extend same-day cross-border payments
DBS and Mashreq are extending same-day and near-instant peer-to-peer cross-border payments
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Ajman Bank partners with Magnati to boost payment solutions
Ajman Bank will leverage Magnati’s merchant acquiring services to offer secure payment solutions.
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CBUAE: New regulation to encourage fintech innovation
The Central Bank of the UAE (CBUAE) is aiming to increase innovation from global fintechs and start-ups in the financial services sector.
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Ajman Bank integrates Jaywan Cards across its ATM network
Ajman Bank has begun accepting Jaywan Cards across its ATM Network becoming one of the first banks in the UAE to successfully integrate the card.
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Emirates Development Bank and Commercial Bank of Dubai ink trade deal
Emirates Development Bank (EDB) and Commercial Bank of Dubai (CBD) have inked a new deal aimed at enhancing international trade services
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Fuse obtains DIFC licence to boost regional payment landscape
The licensing will enable the company to cater to growing demand for remitting money into the UAE.
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Citi, Emirates NBD launch 24/7 USD cross-border payments in the Middle East
Emirates NBD is the the first bank to use Citi’s clearing service for cross-border USD payments
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RemotePass launches Direct Employee payroll feature for UAE businesses
RemotePass has launched a new tool that enables UAE companies to onboard, manage, and pay their local and global employees through a single platform.
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UAE foodtech startup Grubtech raises $15 million in Series B funding
GrubTech is planning to use the injection of capital to accelerate expansion and establish offices in Saudi Arabia, Europe and the UK.
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Shaffra launches ‘AI Trainer’ for custom virtual workforce
UAE’s deep tech company, Shaffra has launched a new AI tool that helps businesses to build their own virtual workforce.
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