Category: news

Valu and ElTawkeel Launch Integrated Digital Car Platform in Egypt

Valu and ElTawkeel Launch Integrated Digital Car Platform in Egypt Egypt-based fintech Valu has partnered with automotive retail platform ElTawkeel.com to launch a new digital car-buying solution that combines browsing, financing, and insurance in a single online journey. The platform is designed to streamline the vehicle purchase process by allowing customers to explore new cars, […]

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du Pay Names Former BEYON Money Chief Roberto Mancone as CEO

du Pay Appoints Former BEYON Money Chief Roberto Mancone as CEO UAE digital wallet du Pay has named Roberto Mancone as its new chief executive officer, marking a leadership transition as the platform prepares to expand beyond payments into new financial services, including lending, insurance, and investment products. Mancone joins du Pay with more than […]

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Saudi Fintech Soars 30x in 7 Years, Surpasses 300 Players

Saudi Fintech Sector Grows 30x in Seven Years, Tops 300 Companies Saudi Arabia’s fintech ecosystem reached 301 operating players by the end of 2025, according to new research from Fintech Saudi, an initiative supported by the Saudi Central Bank (SAMA). The latest figure marks a 30-fold expansion over seven years, up from just 10 players […]

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RAKBANK and Emirates Growth Fund Partner to Support SME Financing in UAE

RAKBANK and Emirates Growth Fund Sign Agreement to Explore SME Financing Support in the UAE RAKBANK and Emirates Growth Fund (EGF) have signed a strategic agreement to explore opportunities for expanding financing and advisory support for small and medium-sized enterprises (SMEs) in the UAE. The partnership was announced at the Make It in the Emirates […]

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Vista Equity Partners Opens Abu Dhabi Office

Vista Equity Partners Opens Abu Dhabi Office in ADGM Vista Equity Partners has expanded its presence in the Middle East by opening a new office in Abu Dhabi, following full regulatory approval to operate in the Abu Dhabi Global Market (ADGM). The global enterprise software investor said its regional entity, VEPM Middle East Limited, received […]

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Mashreq Launches Money Insights on NEO App to Track Spending and Subscriptions

Mashreq Launches Money Insights on NEO App to Help UAE Customers Track Spending and Subscriptions Mashreq has introduced Money Insights, a new personal financial management feature integrated into its NEO mobile banking app. The tool is designed to give the bank’s UAE retail customers greater visibility into their spending patterns, cash flow, and recurring payments. […]

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What Shapes the Future of the Fintech Industry: A Talk with Yefim Oks, Founder of UMO

Yefim Oks Says AI, Regulation and Modular Infrastructure Will Define the Next Phase of Fintech Serial entrepreneur and investor Yefim Oks, founder of UAE-based project UMO, has outlined the forces he believes are reshaping the fintech industry, pointing to artificial intelligence, regulatory readiness, and the convergence of traditional finance and digital assets as the sector’s […]

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Adyen and SAP Launch Unified Payment Solution for Embedded Enterprise Payments

Adyen and SAP Introduce Unified Payment Solution for Embedded Enterprise Payments Adyen and SAP have expanded their partnership with the launch of SAP Unified Payment, a natively embedded solution designed to connect digital storefronts directly to enterprise financial operations through SAP Commerce Cloud. The new integration is intended to replace fragmented third-party payment gateways with […]

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Stitch Raises US$25M Series A Funding Led by a16z for Unified Core Stack

Stitch Raises US$25 Million Series A Led by a16z to Expand Unified Core Banking Stack Financial infrastructure provider Stitch has secured US$25 million in Series A funding in a round led by Andreessen Horowitz (a16z), marking the venture capital firm’s first investment in the GCC. The funding brings Stitch’s total capital raised to US$35 million. […]

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FAB Launches Payit Universal Account to Boost Financial Inclusion in UAE

FAB Launches Payit Universal Account to Support Financial Inclusion in the UAE First Abu Dhabi Bank (FAB) has introduced the Payit Universal Account, a digital banking product designed to support financial inclusion in the UAE and help employers move away from legacy salary card models. The new multi-service mobile account is aimed at individuals earning […]

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