Uae news and trends

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

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 North Africa (MENA) region, Europe and the United Kingdom. Their launch of the Visa Commercial Choice Travel program in these areas...

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

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 company’s solutions are designed for the UAE’s SMB sector, integrating into SMBs’ daily operations, according to a Monday (Dec. 16)...

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

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), is designed to streamline business-to-business (B2B) payment flows via a new platform linking buyers and suppliers. “Rolled out initially in...

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

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 will require companies that want to market crypto in the United Arab Emirates to include a new and “prominent” disclaimer...

Interviews & Exclusives
Report: 60% of UK Merchants Request One-Click Checkout

February 07, 2025
For online merchants — no matter in which country they operate, no matter what they are selling — there are two sides to what might be called the eCommerce coin. There’s the user experience on one side, which leads to conversion. Then there’s the other side of the merchant/customer interaction, as they move through the […]

Emirates NBD Says Middle East’s Digital-First Approach Forces Treasury Management Change

July 23, 2024
The payments landscape is a global one, meaning winning innovations have boundless room to scale. It also means that geographical positioning can help with strategically driving forward various innovations. “The...

Digital Stagnation Pressures UAE Merchant Growth

May 13, 2024
In the United Arab Emirates, 71% of consumers actively use digital features to enhance their shopping experiences. Yet valuable opportunities to build on this robust foundation remain in play. The...

Preferred Payment Methods and Rewards Among Most In-Demand Digital Shopping Features in UAE

November 23, 2023
Shoppers in the United Arab Emirates (UAE) have a strong inclination toward digital features in their shopping journeys. Ninety-four percent of consumers in the Middle Eastern country used at least...

Quick Reads
Visa and Qashio Partner on B2B Travel Payments Solution

January 06, 2025
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 North Africa (MENA) region, Europe and the United Kingdom. Their launch of the Visa Commercial Choice Travel program in these areas will transform and digitize payments for online travel agencies and […]

UAE-Based CredibleX Raises $55 Million to Expand Embedded Finance Solutions

December 20, 2024
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 company’s solutions are designed for...

Mastercard and Fundbot Team to Speed B2B Payment Flows

November 21, 2024
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), is designed to streamline business-to-business...

Dubai Wants Crypto Companies to Warn Customers of Risks

September 26, 2024
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 will require companies that want...