MENA

UAE-Based SMBs Generate 46% of Sales on Digital Platforms, Lowest in 6-Country Study
UAE-Based SMBs Generate 46% of Sales on Digital Platforms, Lowest in 6-Country Study
May 03, 2022  |  SMBs

Digital platforms play a key role in the increasingly connected global economy, enabling businesses across all sectors to reach more potential customers both at home...

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Dubai Unveils $100M Venture Capital Fund for Startups
Dubai Unveils $100M Venture Capital Fund for Startups
April 29, 2022  |  Investments

Sheikh Hamdan bin Mohammed, Crown Prince of Dubai, has approved a $100.7 million venture capital finance fund that’s aimed at helping startups across the region...

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EU FinTechs Drawn to MENA Region’s Digital Payments and Merchant Growth
EU FinTechs Drawn to MENA Region’s Digital Payments and Merchant Growth
April 26, 2022  |  Digital Payments

The introduction of open banking, enabled by the revised Payment Services Directive (PSD2), has significantly transformed the digital payments space in Europe, boosting competition in...

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Growing Smartphone Usage Boosts MENA Non-Cash Payments
Growing Smartphone Usage Boosts MENA Non-Cash Payments
April 20, 2022  |  Mobile Payments

Long gone are the days when making mobile or digital purchases in the Middle East and North Africa (MENA) was an almost impossible task. Get...

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Egyptian FinTech Lucky Eyes MENA Following $25M Funding Round
Egyptian FinTech Lucky Eyes MENA Following $25M Funding Round
April 08, 2022  |  International

Nearly three weeks after Lucky, an Egyptian cash back rewards app, closed a $25 million fundraising round, the startup is planning to lead the sector...

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i2c, Visa Team for FinTech Processing Across MENA
i2c, Visa Team for FinTech Processing Across MENA
March 29, 2022  |  Partnerships

i2c Inc., which provides digital payment and banking technology, on Tuesday (March 29) partnered with Visa to become a FinTech processor in the Middle East-North...

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ZoodPay, Network International Collab on BNPL Solutions in Jordan
ZoodPay, Network International Collab on BNPL Solutions in Jordan
March 27, 2022  |  BNPL

ZoodPay, the super app from the Middle East and Central Asia, will be collaborating with Network International in order to provide BNPL solutions, a report...

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Zip Acquisition Gives Spotii a Boost in Highly Competitive MENA BNPL Market
Zip Acquisition Gives Spotii a Boost in Highly Competitive MENA BNPL Market
March 02, 2022  |  BNPL

The number of buy now, pay later (BNPL) firms that have emerged over the past few years, especially in the wake of the pandemic, has...

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Crypto-Themed Eatery Doge Burger Opens in UAE
Crypto-Themed Eatery Doge Burger Opens in UAE
February 22, 2022  |  Cryptocurrency

Digital currency, real hamburgers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

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