MENA

NymCard Gets $33 Million to Deepen MENA Embedded Finance Presence
NymCard Gets $33 Million to Deepen MENA Embedded Finance Presence
March 19, 2025  |  Investments

Embedded finance platform NymCard has raised $33 million to extend its MENA region presence. The company’s Series B round, announced Wednesday (March 19), was led by QED Investors, and...

READ MORE >
Mastercard Expands Partnerships With Emirates NBD and Checkout.com
Mastercard Expands Partnerships With Emirates NBD and Checkout.com
February 28, 2025  |  Mastercard

Mastercard has expanded two partnerships in the Middle East. These include a partnership with Emirates NBD, a banking group in the Middle East, North Africa...

READ MORE >
Visa and Qashio Partner on B2B Travel Payments Solution
Visa and Qashio Partner on B2B Travel Payments Solution
January 06, 2025  |  Travel Payments

Visa and spend management solution provider Qashio have partnered to launch a B2B travel payments solution in the United Arab Emirates (UAE), the Middle East and...

READ MORE >
UAE-Based CredibleX Raises $55 Million to Expand Embedded Finance Solutions
UAE-Based CredibleX Raises $55 Million to Expand Embedded Finance Solutions
December 20, 2024  |  Investments

UAE-based startup CredibleX has raised $55 million in a seed round to grow and broaden its embedded finance solutions for small- to medium-sized business (SMBs). The...

READ MORE >
Mastercard and Fundbot Team to Speed B2B Payment Flows
Mastercard and Fundbot Team to Speed B2B Payment Flows
November 21, 2024  |  B2B Payments

Mastercard has joined forces with Fundbot, a United Arab Emirates (UAE)-based supply chain financing FinTech. The collaboration, announced in a news release Thursday (Nov. 21),...

READ MORE >
Bahrain’s AI Push in Middle East Could Serve as Model for Region, Experts Say
Bahrain’s AI Push in Middle East Could Serve as Model for Region, Experts Say
September 23, 2024  |  Artificial Intelligence

Bahrain, an archipelago nation of 1.5 million people, is emerging as an unlikely leader in the artificial intelligence race in the Middle East. Bahrain’s push...

READ MORE >
AI’s Language Leaps May Speak to Business Frontier’s Shift
AI’s Language Leaps May Speak to Business Frontier’s Shift
September 12, 2024  |  artificial intelligence

New research is shedding light on how artificial intelligence language models handle multiple languages, a capability with potential implications for global commerce. African tech firms...

READ MORE >
Paymob Raises $22 Million to Expand in Egypt and GCC Countries
Paymob Raises $22 Million to Expand in Egypt and GCC Countries
September 11, 2024  |  Investments

Financial services enabler Paymob raised another $22 million to expand its offering in its core market of Egypt and its newer markets in Gulf Cooperation...

READ MORE >
Mastercard to Provide Payment Processing to Saudi Startup Barq
Mastercard to Provide Payment Processing to Saudi Startup Barq
September 06, 2024  |  Partnerships

Saudi financial services startup barq will leverage Mastercard Gateway technology to expand the range of payment acceptance solutions it offers to merchants and consumers. The startup’s partnership...

READ MORE >