MENA

Dapi and Mastercard Partner to Provide A2A Payments in UAE

Dapi and Mastercard Partner to Provide A2A Payments in UAE
Dapi and Mastercard Partner to Provide A2A Payments in UAE
June 01, 2023  |  Real-Time Payments

Dapi and Mastercard have partnered to provide account-to-account (A2A) payments in the United Arab Emirates (UAE). With this strategic partnership, Dapi, a UAE-based FinTech company, will launch...

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Tabby Expands BNPL Offering With $350 Million Debt Facility
Tabby Expands BNPL Offering With $350 Million Debt Facility
May 31, 2023  |  BNPL

Tabby says new financing will let it expand its buy now, pay later (BNPL) service. The Dubai-based FinTech announced Wednesday (May 31) it had closed...

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Money Transfer Firm Instant Cash Receives License From UAE Central Bank
Money Transfer Firm Instant Cash Receives License From UAE Central Bank
May 25, 2023  |  Mobile Payments

Instant Cash has received a license from the Central Bank of the United Arab Emirates (CBUAE). With this Retail Payment Services and Card Scheme Regulation...

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Visa and Tarabut Gateway Team to Expand MENA Open Banking
Visa and Tarabut Gateway Team to Expand MENA Open Banking
May 09, 2023  |  Banking

Tarabut Gateway has partnered with Visa for a Middle East/North Africa-focused open banking partnership. The companies announced their collaboration Tuesday (May 9), with plans to create “data-driven offerings” like credit...

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MENA’s AgriTech Revolution Captures VC Attention and Dollars
MENA’s AgriTech Revolution Captures VC Attention and Dollars
May 04, 2023  |  Startups

Total investment raised by startups in the Middle East and North Africa region (MENA) and broader Gulf Cooperation Council (GCC) area crossed the $3 billion...

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Fraud Detection Firm BioCatch Adds Permira to Investors List
Fraud Detection Firm BioCatch Adds Permira to Investors List
May 03, 2023  |  Cybersecurity

BioCatch says investment firm Permira has acquired a “significant” stake in its fraud detection company. The company, which has offices in New York and Tel...

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Bahrain Gets Permission to Join Gulf Region Payment System
Bahrain Gets Permission to Join Gulf Region Payment System
May 01, 2023  |  Payment Methods

Bahrain is set to join other Persian Gulf region countries in a unified payments/settlement system. The country’s Shura Council approved the move this weekend, according...

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CVC-Network International Deal Reportedly Worth $2.5 Billion
CVC-Network International Deal Reportedly Worth $2.5 Billion
April 16, 2023  |  Partnerships

CVC Capital Partners is reportedly in advanced talks to purchase Network International for at least £2 billion ($2.5 billion). A report by Bloomberg News on...

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