MENA

Riyadh-Based Buy Now, Pay Later Platform Tabby Raises $200 Million
Riyadh-Based Buy Now, Pay Later Platform Tabby Raises $200 Million
November 01, 2023  |  BNPL

Tabby, a buy now, pay later (BNPL) platform based in Riyadh, has raised $200 million in its Series D funding round, achieving a valuation of...

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NymCard Teams With ACI Worldwide to Fight Financial Fraud
NymCard Teams With ACI Worldwide to Fight Financial Fraud
October 19, 2023  |  Fraud Prevention

Middle East/North Africa-focused card issuer NymCard has teamed with ACI Worldwide to combat fraud. The partnership, announced late Wednesday (Oct. 18) sees NymCard enhancing its fraud platform with ACI Fraud Management...

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Visa and NEOPAY Partner on Installment Payments in UAE
Visa and NEOPAY Partner on Installment Payments in UAE
September 15, 2023  |  Payment Methods

Visa and NEOPAY, the payment subsidiary of Mashreq, have joined forces to introduce an installment payment solution to the United Arab Emirates (UAE).  The partnership aims to provide...

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Western Union Debuts ‘Concept Store’ For Jordan’s Foreign Labor Force
Western Union Debuts ‘Concept Store’ For Jordan’s Foreign Labor Force
September 07, 2023  |  Cross-border Payments

Western Union has launched a “concept store” in Jordan to support that country’s foreign-born workforce.  The new store, announced Thursday (Sept. 7), was developed in partnership with Al Sadat...

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JPMorgan and Network International Partner to Improve Acquiring
JPMorgan and Network International Partner to Improve Acquiring
September 04, 2023  |  Partnerships

J.P. Morgan Payments and Network International, a digital commerce company focused on the Middle East and Africa, have teamed up to bolster the bank’s acquiring...

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Qarar and Biz2X Collaborate to Bridge SMB Financing Gap in Saudi Arabia
Qarar and Biz2X Collaborate to Bridge SMB Financing Gap in Saudi Arabia
August 29, 2023  |  SMBs

Qarar, a leading data analytics and credit decisioning company in the Middle East, has partnered with Biz2X, a global FinTech technology and financing provider, to launch...

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Visa and NymCard Collaborate on Payment Credentials Issuance
Visa and NymCard Collaborate on Payment Credentials Issuance
August 28, 2023  |  Partnerships

NymCard, a Banking-as-a-Service (BaaS) firm that serves the Middle East and Pakistan, has joined the Visa Ready to Launch (VRTL) program. The VRTL program aims...

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Emirates Development Bank and Trade Capital Partners Collaborate on Supply Chain Financing
Emirates Development Bank and Trade Capital Partners Collaborate on Supply Chain Financing
August 17, 2023  |  Partnerships

Emirates Development Bank (EDB) has partnered with Trade Capital Partners (TCP) to offer supply chain finance and working capital solutions to small- to medium-sized businesses...

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HyperPay Acquires Sanad Cash to Expand Payment Services in MENA
HyperPay Acquires Sanad Cash to Expand Payment Services in MENA
July 17, 2023  |  Acquisitions

HyperPay, a payments services provider in the Middle East and North Africa (MENA) region, has acquired Saudi spend management FinTech firm Sanad Cash. The strategic move...

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