Wamda

Egypt

Payfort launches Dh1 million initiative to support startups

Source: Arabian Business Payfort, a subsidiary of retail giant Amazon, has launched a AED1 million ($272,000) initiative in the UAE...

Amazon Payfort

U.A.E

Team of payments veterans launch a cryptocurrency startup based on Ethereum

A team of payments veterans announced today the launch of a new cryptocurrency startup based on Ethereum: Verify, planning and ICO in...

Payfort Verify Bitcoin

Egypt

Egypt calls for financial inclusions

The Egyptian online payment sector remains heavily hampered by a wide gap between available solutions and the needs of 91 million...

e-Finance fawry Mostafa Elnahhas

U.A.E

Payfort introduces card-on-delivery service in UAE

Payfort announced a new card-on-delivery service to allow merchants to offer card-on-delivery payments for their purchases. The new...

Payfort

U.A.E

Amazon buys Payfort

Not only is Amazon buying Souq.com, but it has also today bought Payfort. “Today as part of Souq Group Inc. we are pleased to...

Amazon Payfort souq

Regional

$100M invested in MENA fintech [WRL report]

Fintech startups in MENA have raised over $100 million in funding in the last 10 years, and a new report indicates the number of startups...

WRL State of Fintech Payfort

Regional

Instagram is the next big thing in MENA social media

Video took over social media in 2016 and brands started creating, rather than just sharing. Crowd Analyzer’s State of Social Media...

Crowd Analyzer Payfort hootsuite

U.A.E

Talking about fintech in MENA [Wamda TV]

Everything starts with a payment. Payfort’s Omar Soudodi, talking to Wamda, said that the wealth transfer is the foundation of...

Fintech mix n mentor dubai Payfort

Regional

Fintech is the spur MENA startups need [Know your VC]

Fintech is cool. It must be cool if Hollywood celebrities such as Snoop Dogg and Jared Leto, between attending an exclusive pool party and...

Fintech liwwa Madfoo3atcom

Regional

Why do Middle East startups ignore Maghreb?

What does a person in Doha have in common with a person in Tunis? Not much, especially when it comes to online services. As much as...

Maghreb middle east careem

Jordan

Oasis500, on a fintech hunt

Jordan, with its progressive startups and small population, could be a good regional test market for fintech products looking to head to...

Oasis500 Jordan Payfort

Global

Startup Watch: Beware the Trump, driverless cars, celebrity engagements and the constant inventor

The world of entrepreneurship news is a complex one, with people ever ready to give their two cents on how you should be running your...

Startup Watch Payfort driverless cars

Regional

Taking a sledgehammer to hierarchy

Payfort is implementing a radical new company structure, one where CEO Omar Soudodi is no longer CEO, call center staff have voted to...

holacracy Payfort HolacracyOne

U.A.E

In5 Media Hub, latest incubator with industry approach

Dubai-based incubator In5 is finally putting the finishing touches to its media-focused hub. First announced in November 2015 they...

in5 In5 media hub Payfort

Regional

MENA by the numbers: what do they really mean?

Internet penetration, media consumption or ecommerce spending rates all tell one piece of a broader story about how the internet is being...

Payfort infographics Data

U.A.E

Payfort launches 3rd edition of the State of Payments

The Arab world could see $69 billion in online payment transactions per year by 2020. (Image via Wamda) Saudis and Emiratis have...

State of Payments 2016 Payfort Report

Egypt

What do Egyptian shoppers want? [Infographic]

Egypt: MENA's largest market by far. (Image via Wamda) This is a crosspost with Yaoota Magazine. Egyptian shoppers are a...

State of Payments 2016 yaoota Payfort

Regional

Ecommerce driving Middle East digital economy: Payfort

Ecommerce is the furnace driving growth in the Middle East’s online economy but local online airline bookings are by far the highest...

State of Payments 2016 Payfort Entertainment

Regional

Who's hiring in MENA? [Infographic]

Access to talent is a key difficulty for employers large and small in MENA. In an upcoming Wamda Research Lab report the findings...

Access to Talent recruitment Payfort

Jordan

Cash before delivery, the COD alternative?

The CashBasha founders. (Images via Cashbasha) According to a 2014 Payfortreport, 80 percent of ecommerce transactions in the region...

aramex ventures cash before delivery CashBasha

Saudi Arabia

PayFort launches new Saudi payments option

Payfort's Saudi customers now have a new way to pay. (Image via Alsiasi) PayFort has integrated a new feature into its FORT...

SADAD The FORT Payfort

Saudi Arabia

Saudi ecommerce delivers on its promises [Infographic]

The increase in Saudi women using the internet has corresponded with an increase in online shopping. (Image via alo.rs) The ecommerce...

Infographic E-commerce Aleqtisadiahand

Regional

Online payment products are imperfect, but consumers can protect themselves

This could be one way to prevent credit card fraud, not exactly practical though. (Image via kupunawiki.com) The marriage of credit...

ecommernce Online payments Payfort

Egypt

PayFort announces new fintech accelerator at Mix N’ Mentor Cairo

Around 70 entrepreneurs, largely with early stage startups, came for business advice and networking. (Images via Rachel...

fin-tech Mix N'Mentor Cairo Payfort

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