UAE

Report: 60% of UK Merchants Request One-Click Checkout
Report: 60% of UK Merchants Request One-Click Checkout
February 07, 2025  |  Payment Methods

For online merchants — no matter in which country they operate, no matter what they are selling — there are two sides to what might...

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Visa and Qashio Partner on B2B Travel Payments Solution
Visa and Qashio Partner on B2B Travel Payments Solution
January 06, 2025  |  Travel Payments

Visa and spend management solution provider Qashio have partnered to launch a B2B travel payments solution in the United Arab Emirates (UAE), the Middle East and...

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UAE-Based CredibleX Raises $55 Million to Expand Embedded Finance Solutions
UAE-Based CredibleX Raises $55 Million to Expand Embedded Finance Solutions
December 20, 2024  |  Investments

UAE-based startup CredibleX has raised $55 million in a seed round to grow and broaden its embedded finance solutions for small- to medium-sized business (SMBs). The...

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Mastercard and Fundbot Team to Speed B2B Payment Flows
Mastercard and Fundbot Team to Speed B2B Payment Flows
November 21, 2024  |  B2B Payments

Mastercard has joined forces with Fundbot, a United Arab Emirates (UAE)-based supply chain financing FinTech. The collaboration, announced in a news release Thursday (Nov. 21),...

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Dubai Wants Crypto Companies to Warn Customers of Risks
Dubai Wants Crypto Companies to Warn Customers of Risks
September 26, 2024  |  Cryptocurrency

Dubai’s cryptocurrency regulator reportedly wants companies to warn customers of the risks of digital currencies. The Virtual Assets Regulatory Authority (VARA) updated its guidelines and...

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AI Startups Find Financing Pipeline in Middle Eastern Sovereign Wealth Funds 
AI Startups Find Financing Pipeline in Middle Eastern Sovereign Wealth Funds 
September 22, 2024  |  Artificial Intelligence

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...

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Report: Revolut Looks to Expand Digital Banking License Effort to Middle East
Report: Revolut Looks to Expand Digital Banking License Effort to Middle East
September 13, 2024  |  Cross-border Payments

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...

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Report: UAE State-Backed Investment Company MGX Considers Investment in OpenAI
Report: UAE State-Backed Investment Company MGX Considers Investment in OpenAI
September 12, 2024  |  Investments

MGX, a United Arab Emirates (UAE) state-backed technology investment company, is reportedly considering participating in a multibillion funding round for OpenAI. The fund has not determined the...

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Dubai’s Ziina Raises $22 Million as UAE’s Small Business Sector Grows
Dubai’s Ziina Raises $22 Million as UAE’s Small Business Sector Grows
September 03, 2024  |  Investments

Ziina has raised $22 million to provide FinTech services for UAE-based small businesses. In an interview with TechCrunch Tuesday (Sept. 3), Co-founder and CEO Faisal Toukan said there were a...

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