Real-time payment systems continue to see strong usage worldwide. One of the most significant developments is the European Council’s new rule to enable instant payments across the European Union and European Economic Area. Under this regulation, instant credit transfers must arrive in recipients’ accounts within...
Qatar-based eCommerce startup Snoonu has raised $12 million in a Series B funding round. “A new milestone has been achieved in our unicorn journey,” Snoonu said when announcing the funding round in a Wednesday (May 3) post on LinkedIn. Snoonu aims to provide fast and...
As funding evaporates, venture capital firms are seeking an oasis in the Middle East. Groups like Andreessen Horowitz, Tiger Global and IVP have in the past weeks sent teams to Qatar, the United Arab Emirates and Saudi Arabia, the Financial Times (FT) reported Wednesday (April...
The micromobility company Lime has launched its electric bikes and scooters in Qatar. The company said in a press release on Wednesday (Jan. 18) that its Gen4 bikes and scooters would be available to users of its app in Doha starting this week. “We are...
May 04, 2023
Qatar-based eCommerce startup Snoonu has raised $12 million in a Series B funding round. “A new milestone has been achieved in our unicorn journey,” Snoonu said when announcing the funding round in a Wednesday (May 3) post on LinkedIn. Snoonu aims to provide fast and diverse delivery services in Qatar, and it will use the […]
April 12, 2023
As funding evaporates, venture capital firms are seeking an oasis in the Middle East. Groups like Andreessen Horowitz, Tiger Global and IVP have in the past weeks sent teams to...
January 18, 2023
The micromobility company Lime has launched its electric bikes and scooters in Qatar. The company said in a press release on Wednesday (Jan. 18) that its Gen4 bikes and scooters...
November 17, 2022
Visa is bringing a contactless payments network to this year’s World Cup, joining a legion of companies attempting to make paying easier for sports fans. Visa said in a Thursday...
