Click here for more information about Altron FinTech. Absa, one of South Africa’s largest banks, has long been partnering with SMEs to solve their pain points and, through innovation …
Cashfree Payments Appoints Harsh Gupta as the Chief Revenue Officer
Cashfree Payments, India’s leading payments and API banking solutions company, announced the appointment of Harsh Gupta as its Chief Revenue Officer.
Saudi startups take lead in MENA funding space
CAIRO: Saudi Arabia’s startup ecosystem has affirmed its leading position in the funding space, capturing over 53 percent of the region’s venture debt financing in 2023, according to MAGNiTT’s latest …
Savings app CEO says 85,000 accounts locked in fintech meltdown: ‘We never imagined a scenario like this’
For three weeks, 85,000 Yotta customers with a combined $112 million in savings have been locked out of their accounts, CEO and co-founder Adam Moelis told CNBC. The disruption, caused by a dispute …
50 free things to do in Dubai in June
City life can come at a cost, but, believe it or not, there are loads of free things to do in Dubai. Whether you’re after a free touristy day out, getting back to nature gratis or sightseeing for nada …
16 unmissable things to do in Dubai this weekend
Whether you want to dance the night away under the stars at Surf Club, or take the little ones on a family day out to Dubai Safari Park – now is the time. If you’re looking for ways to keep cool while …
10 Essential Tips for Starting Your Savings Journey with Fintech Tools
Managing finances has become more accessible and efficient thanks to fintech tools. These innovations offer a plethora of options to help individuals save money, track expenses, and achieve financial …
Shorooq Partners announces first close of its $100mln second private credit fund
Shorooq Partners, the pioneering alternative investment manager across Middle East and North Africa, announces the first close of its $100 million second private credit fund. Following the resounding …
Venture debt in MENA reaches all-time high in 2023 with 262% jump in growth: Report
The region saw $750 million in MEGA deal facilities, posting a whopping 650% Y-o-Y jump in total venture debt MEGA deal value …
Cashfree ropes in former Razorpay exec Harsh Gupta as CRO; more changes on cards
Arun Tikko, the current Chief Business Officer (CBO) could move to the Banking and Alliance vertical, and the current lead Anshul Lal may leave, people familiar with the matter told Moneycontrol.
Fintech startup Forward grabs $16M to take on Stripe, lead future of integrated payments
After Brandon Lloyd sold his second company, Bypass, a payments and point-of-sale software company for sports and entertainment, to Fiserv in 2020, he dove more into the payments industry and realized …
Creator fintech Slingshot raises $2.2M
Sanil Chawla remembers the meetings he had with countless artists in college. Those creatives were looking for one thing: sustainable economic …
New Murabba: A destination for the future Saudi of urban development
Riyadh: New Murabba – a PIF company – one of the leading players in Saudi Arabia’s giga-project landscape, solidified its commitment to shaping the future of Riyadh and global urban development at the …
Creator fintech Slingshot raises $2.2 million
Sanil Chawla remembers the meetings he had with countless artists in college. Those creatives were looking for one thing: sustainable economic …
Félix Pago raises $15.5 million to help Latino workers send money home via WhatsApp
Remittances from workers in the U.S. to their families and friends in Latin America amounted to $155 billion in 2023. With such a huge opportunity, banks, money transfer companies, retailers, and …
Kuwait to Buy 500MW of Power Through GCC Interconnection Authority
Kuwait on Sunday signed contracts to buy 500 megawatts (MW) of electricity through the Gulf Cooperation Council Interconnection Authority (GCCIA) to avoid summer blackouts. The contracts are for 300 …
Saudi Rasan to Sell Shares on Tadawul
The Saudi Rasan Information Technology Company intends to offer 22.74 million shares on the Tadawul Stock Exchange, 10 percent of which will be allocated to individual subscribers, at the price of SAR …