Wamda

Regional

Beyond m-Banking: How Africa’s fintech startups are bringing power to the people

Africa is in a constant battle against its colossal geographic scale, political unrest, and lack of legacy infrastructure, creating a host...

africa mobile money Fintech

Egypt

From Transport to Fintech: RiseUp Concludes its Sixth Edition

The sixth edition of the RiseUp Summit in Cairo closed with several announcements, engaging discussions and the inevitable bustle of the...

#entrepreneurship #RiseUp #AimHigh

Regional

Two new fintech accelerators announced at RiseUp

Jordan’s Ahli bank announced the launch of is financial technology (fintech) seed acceleration programme at RiseUp Summit...

Fintech accelerator

Regional

Careem introduces credit transfer

Careem has introduced peer-to-peer (P2P) prepaid credit transfers across all its markets. The closed-loop feature enables users to...

careem

Kuwait

Kuwait launches fintech sandbox

Source: Reuters Kuwait’s central bank has issued regulatory guidelines for companies wishing to experiment with new financial...

Fintech kuwait

U.A.E

Fintech Hive to partner with Hong Kong's Cyberport

Dubai’s Fintech Hive is set to partner with Hong Kong’s technology hub, Cyberport, to enable financial technology (fintech)...

Fintech Hong Kong Fintech Hive

U.A.E

Majid Al Futtaim acquires mobile wallet app Beam

Source: Gulf Business Dubai-based mall operator Majid Al Futtaim has acquired Beam Portal, the owner of UAE mobile wallet app, Beam, it...

Fintech mobile payment Dubai

Regional

GCC fintech startups to attract $2 billion in investments

Private-funding investments in GCC-based financial technology (fintech) startups is expected to reach $2 billion in the next decade...

Fintech Fintech Hive investement

U.A.E

WeInvest sets sights on UAE

Source: Finextra WeInvest, a Singapore-based digital wealth services and robo-advisory firm, announced today its expansion will be into...

Fintech Hive DIFC

U.A.E

Abu Dhabi Securities Exchange to create infrastructure for cryptocurrency assets

Source: Bitcoin.com The Abu Dhabi Securities Exchange has released a paper aimed at creating the infrastructure necessary to accommodate...

abu dhabi Fintech cryptocurrency

Kuwait

DWS Group acquires stake in GCC FinTech startup Neo Technologies

Source: The National DWS Group, a European asset manager in which Germany’s Deutsche Bank has a majority stake, agreed to...

Fintech

Regional

Deciphering the fintech boom in the Mid East

Financial Technology (fintech) is a vast and all-encompassing term that evokes hope, cynicism and plenty of confusion. From Bitcoins to...

Fintech Blockchain cryptocurrency

Turkey

Tarfin raises $1.3 million in seed round

Tarfin recently completed a $1.3 million seed round led by Turkey-based Collective Spark Fund with co-investment from Wamda Capital. The...

Agriculture agritech Fintech

U.A.E

Abu Dhabi launches digital sandbox for fintech

Abu Dhabi Global Market (ADGM), the emirate’s financial centre will launch a fintech digital sandbox, to enable financial...

Fintech Sandbox

Regional

A15 sells stake in Tpay Mobile

The region’s first “dragon exit” was completed today by A15, which sold its 76 per cent stake in UAE-based Tpay Mobile. A...

mobile finance Exit

U.A.E

Fintech Abu Dhabi 2018

FinTech Abu Dhabi Summit 2018 will go ‘live’ in two more weeks with two full days of exciting activities for FinTech...

U.A.E

$33B of lost remittances could be regained through the Blockchain, and this UAE startup is on it

Fintech startups are continuously bringing innovative solutions to cater to the large unbanked population. According to the World...

uae Dinarii Cash Fintech

Regional

Adopting cashless payment channels will double business growth [Opinion]

We’re at an inflection point in the history of payments. Led by countries like Sweden, where non-cash payments now outweigh cash...

oped Telr Sirish Kumar

U.A.E

The Plug and Play ADGM program will kick off in Q3 2018

Plug and Play (PNP), one of the world’s largest global innovation platforms, and Abu Dhabi Global Market (ADGM), the International...

uae ADGM Plug and Play

Lebanon

areeba debuts contactless biometric payment cards in the Middle East

Gemalto, one of the world leaders in digital security, is supplying its Visa biometric contactless bank card to areeba, a Lebanese...

lebanon areeba biometric contactless bank cards

Egypt

Egypt’s fintech startups are growing in number, value, and specialization

“The wave of innovation sweeping through the world of financial technology promises nothing short of revolution … It will...

Egypt Fintech startups

U.A.E

BitOasis update on the rise of digital assets and blockchain adoption in the UAE and GCC region

As adoption of digital assets and blockchain technology is on the rise worldwide, we at BitOasis are seeing an exponential increase in...

BitOasis Bitcoin Blockchain

U.A.E

International Blockchain Capital invests in Acumen Advertising

Dubai-based fintech group International Blockchain Capital (IBC) Group Limited bought into homegrown media brand Acumen Advertising as part...

Acumen International Blockchain Capital Fintech

Regional

What to expect in 2018? More exits, more family businesses, and more from KSA

During Wamda’s finale Mix N’ Mentor of the year, we spoke to several participating mentors and experts to gauge their input and...

Saudi Arabia investments Expectations

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