Saudi Arabia-based Stitch raised $25 million in a Series A funding round to grow its operating system for modern financial institutions. The company will use...
Mastercard has launched a program designed to help small- to medium-sized businesses (SMBs) across the Middle East and North Africa (MENA) region navigate the trade...
The Middle East has, in recent years, stood out among the more productive settings for payments innovation, where digital adoption and infrastructure development have advanced...
The Middle East is proving itself as fertile ground for FinTech investment and innovation. The region combines high smartphone penetration, young demographics and state-backed modernization...
Artificial intelligence (AI) firm 1001 AI has raised $9 million in seed funding. That funding, announced Monday (Oct. 20), will allow the company to further...
Mastercard and payment gateway provider HyperPay have partnered to issue commercial cards in Saudi Arabia, the United Arab Emirates and Qatar. The commercial cards will...
PayPal and TerraPay are teaming to promote cross-border payments in the Middle East and Africa (MENA). The partnership, announced Tuesday (April 15), is designed to speed cross-border money movement, while...
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...