MENA

Today in B2B: World Innovation Lab Raises $1B; Cash-On-Delivery Reliance Slows P2P Payments Adoption
Today in B2B: World Innovation Lab Raises $1B; Cash-On-Delivery Reliance Slows P2P Payments Adoption
June 14, 2022  |  B2B Payments

Today in B2B payments, payments data allows B2B sales forces to personalize their pitches. Plus, Pakistani eCommerce startup Dastgyr raises a country-record $37 million in...

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Today in FinTech: Margin Calls; Instant Wages, Digital Africa, Network Tokenization, Investment Screenings
Today in FinTech: Margin Calls; Instant Wages, Digital Africa, Network Tokenization, Investment Screenings
June 14, 2022  |  Fintech Investments

In today’s FinTech news, margin calls are on the rise as bitcoin and other cryptocurrencies fall, meanwhile digital payments in Africa are expanding further across...

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Legacy Cash-On-Delivery Process Hinders Growth of MENA P2P Payments
Legacy Cash-On-Delivery Process Hinders Growth of MENA P2P Payments
June 14, 2022  |  B2B Payments

Peer-to-peer (P2P) payments like Venmo, PayPal and Cash App have risen in popularity in recent years, providing rapid, convenient solutions that enable customers to send...

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BOE: UK Banks Need to Show They Can Fail ‘Safely’
BOE: UK Banks Need to Show They Can Fail ‘Safely’
June 10, 2022  |  emea

Three of the U.K.’s biggest lenders need to do more to show they could fail without harming customers and taxpayers, the Bank of England (BOE)...

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Morocco’s Chari Buys Retail App Diago
Morocco’s Chari Buys Retail App Diago
June 10, 2022  |  Acquisitions

Moroccan B2B eCommerce platform Chari has acquired Diago, a retail app based and operating in the Ivory Coast city of Abidjan. Get the Full Story...

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Today in the Connected Economy: Google Investing $1.2B in LatAm
Today in the Connected Economy: Google Investing $1.2B in LatAm
June 09, 2022  |  Connected Economy

Today in the connected economy, Google makes a five-year, $1.2 billion commitment to Latin America that includes building the longest underwater cable in the world....

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UAE’s ADQ Launches $100M Tech Fund in Jordan
UAE’s ADQ Launches $100M Tech Fund in Jordan
June 09, 2022  |  Investments

The United Arab Emirates’ ADQ has launched a $100 million technology-focused venture capital fund with the Jordanian Ministry of Digital Economy and Entrepreneurship (MoDEE), according...

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Fuelin Partners With TAQA Arabia’s Master Gas on Electronic Payment Services
Fuelin Partners With TAQA Arabia’s Master Gas on Electronic Payment Services
June 08, 2022  |  Transportation

Cairo-based prepaid fuel services startup Fuelin on Tuesday (June 7) inked a deal with Master Gas to provide electronic payment services to Master Gas customers....

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Lebanese Super App Toters Raises $18M for Expansion
Lebanese Super App Toters Raises $18M for Expansion
June 08, 2022  |  Investments

Lebanese super app toters has raised $18 million in Series B funding, money the company says will help it expand into Iraq. Get the Full...

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