Saudi Arabia is emerging as a focal point in cross-border payments thanks to the rise of digital wallets. The PYMNTS Intelligence report “Global Money Movement:...
American tech giants are reportedly upping their Gulf State investments amid President Trump’s visit to the region. The Trump administration has brokered deals for two...
Embedded finance platform NymCard has raised $33 million to extend its MENA region presence. The company’s Series B round, announced Wednesday (March 19), was led by QED Investors, and...
In Saudi Arabia, consumers love Click-and-Mortar™ shopping, which mixes the best of online and in-store experiences. More than half of the country’s shoppers prefer...
Sovereign wealth funds have reportedly become major players in the artificial intelligence (AI) funding race. Countries such as Saudi Arabia, Kuwait and the United Arab...
Revolut is reportedly looking to expand its business into Gulf Cooperation Council (GCC)-member countries. The British FinTech has submitted applications to become an electronic-money institution and...
Shopping/financial services app Tabby is acquiring Saudi digital wallet Tweeq. The deal, announced Tuesday (Sept. 3), will let Tweeq continue to operate independently, while allowing...
Saudi Arabia’s reported $40 billion artificial intelligence (AI) investment fund represents a leap to redefine the Middle East’s role in the global technology landscape. The...