MENA Fintech Association

Thunes Rolls Out Real-Time Cross-Border Payments into Saudi Arabia

Global cross-border payments company Thunes has announced the rollout of real-time cross-border payments into Saudi Arabia, enabling direct transfers to bank accounts and digital wallets in Saudi Riyals (SAR) through its Direct Global Network. The service aims to simplify transactions for both individuals and businesses. The launch comes as Saudi Arabia advances its financial sector […]

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FSRA Issues Consultation on Framework for Fiat Referenced Tokens

The Financial Services Regulatory Authority (FSRA) of ADGM has released Consultation Paper No. 9 of 2025, setting out a proposed regulatory framework for Regulated Activities involving Fiat Referenced Tokens (FRTs) and inviting public feedback on the proposals. The proposals build on the regulatory framework for the issuance of FRTs introduced by the FSRA in December […]

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Pollen Street Capital Provides $100M Facility to UAE Lender CredibleX

Pollen Street Capital has announced a US$100 million senior secured credit facility for CredibleX, a SME lender based in the UAE. CredibleX, founded in 2023, provides SMEs with access to working capital through its digital application platform. The company has developed a network of more than 60 distribution partners and employs over 40 staff in […]

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Botim Teams Up with Commercial Bank of Ethiopia on UAE Remittance Services

Botim, Astra Tech’s fintech-first platform in the Middle East and North Africa, has announced a partnership with the Commercial Bank of Ethiopia (CBE), to provide remittance services for Ethiopians living in the UAE. This marks Botim’s first direct banking partnership in Ethiopia and a step forward in streamlining cross-border financial transactions. Through the collaboration, Botim […]

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Revolut Secures In-Principle Approval from UAE Central Bank

Revolut has received in-principle approval for its Stored Value Facilities and Retail Payment Services (Category II) licenses from the Central Bank of the UAE (CBUAE). The approval marks a step towards Revolut launching its services in the UAE, where it plans to offer a full suite of products to retail customers. The UAE is viewed […]

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StashAway Launches Shariah-compliant Global Portfolios in UAE

StashAway, a digital investment platform, has introduced its Shariah Global Portfolio in the UAE. The portfolios, available across four risk levels, are Shariah-compliant and globally diversified, with historical annual returns of up to 13.7% over the past five years. They are designed to allow investors to grow their wealth in a manner consistent with their […]

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A-typical Ventures Invests in Metric to Boost AI Financial Tools for SMEs

Qatar’s A-typical Ventures has announced its investment in Metric, an Abu Dhabi-based AI fintech startup that provides SMEs with real-time financial intelligence. The funding round also saw participation from investors including 500 Global, Hub71, i2i Ventures, Plus VC, Epic Angels, Oqal Angels, Accelerate Prosperity, and other regional strategic angel investors. Metric’s main product, Max, described […]

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Mastercard Partners with Qlub to Expand Hospitality Digital Payments in GCC

Mastercard has partnered with Qlub, a fintech company operating in the hospitality sector, aimed at expanding digital and contactless payments across the GCC. The partnership is intended to support the adoption of technology-driven payment solutions in restaurants across the region. Under the agreement, Mastercard will provide its payment platforms and technologies to Qlub and will […]

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Zand Rolls Out ZandPay with Transguard and Arab Financial Services

Zand has announced the launch of ZandPay, a point-of-sale (POS) solution developed in collaboration with Transguard Group and supported by Arab Financial Services. ZandPay has been designed to help businesses manage payments more effectively, providing a combination of speed, security and flexibility. It supports a range of payment methods, including debit and credit cards, contactless […]

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Abu Dhabi Finance Week 2025 Reveals First Line-Up of Global Speakers

Abu Dhabi Finance Week (ADFW) 2025, held under the patronage of Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Executive Council, has announced its initial group of international speakers. The event, hosted by ADGM, will take place in the UAE capital from December 8 to 11 […]

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