MENA

Lean Nets $33M to Expand 3rd-Party Real Time Payments in MENA
Lean Nets $33M to Expand 3rd-Party Real Time Payments in MENA
January 20, 2022  |  Investments

Sequoia Capital India has made its investment debut in the Arab Gulf by leading a $33 million Series A funding round for Lean Technologies, CNBC reported on...

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Multinationals Embrace On-Demand Payroll in MENA
Multinationals Embrace On-Demand Payroll in MENA
January 18, 2022  |  Faster Payments

A staggering 73% of employees rank finances as their number source of stress in life, leading to significant loss of productivity, attrition, absenteeism, presenteeism and...

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Foodics Acquires POSRocket to Boost Payment, Supply Management
Foodics Acquires POSRocket to Boost Payment, Supply Management
January 10, 2022  |  Acquisitions

Saudi Arabia restaurant tech company Foodics on Monday (Jan. 10) acquired MENA-based restaurant cloud technology platform POSRocket that will allow Foodics to consolidate the market...

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BNPL Was ‘Highly Needed’ Across MENA, Where Banks Now Play Catch-Up With FinTechs
BNPL Was ‘Highly Needed’ Across MENA, Where Banks Now Play Catch-Up With FinTechs
November 04, 2021  |  Buy Now Pay Later

It’s been a little over a year since buy now, pay later (BNPL) firm Tamara launched in Saudi Arabia, and looking back at the last 12...

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Egypt’s Capiter Nets $33M for Expansion Across MENA
Egypt’s Capiter Nets $33M for Expansion Across MENA
September 14, 2021  |  Investments

Cairo-based startup Capiter announced Monday (Sept. 13) that it has raised $33 million in a Series A funding round to expand its B2B eCommerce platform...

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Cards-as-a-Service Tackle MENA’s Market Fragmentation
Cards-as-a-Service Tackle MENA’s Market Fragmentation
August 04, 2021  |  B2B Payments

For any FinTech product, having a solution that can address as much friction for as many users as possible is key to scale. Yet when...

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Today In Payments: China’s Central Bank Tells Merchants To Accept Cash; EU Threatens Big Tech Breakup Over Anti-Competitive Practices
Today In Payments: China’s Central Bank Tells Merchants To Accept Cash; EU Threatens Big Tech...
December 15, 2020  |  News

In today’s top news, the People’s Bank of China ordered merchants to accept cash and the EU has threatened to break up Big Tech firms...

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Deep Dive: Why The Pandemic Is Pushing MENA Regulators To Upgrade Open Banking, Privacy Laws
Deep Dive: Why The Pandemic Is Pushing MENA Regulators To Upgrade Open Banking, Privacy Laws
September 30, 2020  |  Bank Regulation

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Buy Now, Pay Later Targets Trade Finance Deserts
Buy Now, Pay Later Targets Trade Finance Deserts
July 13, 2020  |  B2B Payments

The global trade finance gap now stands at an estimated $1.5 trillion, the Asian Development Bank has calculated, but banks and FinTechs have risen to...

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