MENA

Qashio and CredibleX Launch Business Financing Solution in MENA Region 

Qashio and CredibleX Launch Business Financing Solution in MENA Region 
Qashio and CredibleX Launch Business Financing Solution in MENA Region 
January 08, 2024  |  Partnerships

Qashio and CredibleX have partnered on an initiative to provide financing to businesses in the Middle East and North Africa (MENA) region.  The new Qashio Financing solution...

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Soum Raises $18 Million to Expand ReCommerce in MENA
Soum Raises $18 Million to Expand ReCommerce in MENA
December 20, 2023  |  eCommerce

ReCommerce platform Soum has raised $18 million to expand through the Middle East. The company, founded in Saudi Arabia in 2021, now hopes to extend its business into...

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BNPL Platform Tamara Becomes Saudi Arabia’s First FinTech Unicorn
BNPL Platform Tamara Becomes Saudi Arabia’s First FinTech Unicorn
December 18, 2023  |  BNPL

Saudi Arabia-based buy now, pay later (BNPL) platform Tamara has become that nation’s first unicorn. The company announced Monday (Dec. 18) that it had closed a...

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Microsoft Taps Nuvei for Xbox and Office Payments
Microsoft Taps Nuvei for Xbox and Office Payments
December 04, 2023  |  Partnerships

Microsoft has launched a partnership with FinTech Nuvei centered around the Middle East and Africa. The collaboration, announced Monday (Dec. 4), will see the tech...

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JPMorgan Expanding UAE Services to Wholesale Banking Clients
JPMorgan Expanding UAE Services to Wholesale Banking Clients
November 27, 2023  |  Banking

J.P. Morgan says it is expanding its presence in the United Arab Emirates (UAE). The banking giant announced Monday (Nov. 27) that it will begin...

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Almosafer and Tabby Partner on BNPL for Travel Expenses
Almosafer and Tabby Partner on BNPL for Travel Expenses
November 03, 2023  |  BNPL

Almosafer, a consumer travel brand in Saudi Arabia, has partnered with Tabby, a shopping and financial services app in the Middle East and North Africa...

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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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