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Fintechnews Middle East

CBUAE and Presight Launch Joint Venture to Boost AI Integration in Financial Infrastructure

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The Central Bank of the United Arab Emirates (CBUAE) and Presight, an AI and big data analytics company, have announced the establishment of a joint venture to support the CBUAE’s Financial Infrastructure Transformation (FIT) Programme. The initiative represents a key development in the UAE’s efforts to strengthen the resilience of its financial systems and integrate […]

The post CBUAE and Presight Launch Joint Venture to Boost AI Integration in Financial Infrastructure appeared first on Fintechnews Middle East.

BurjX Becomes Fully Regulated Crypto Platform Under ADGM Framework

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BurjX, a digital asset trading platform founded in the UAE, has received Financial Services Permission from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) for brokerage and custody operations. With this approval, BurjX becomes a fully regulated platform offering trading in over 100 digital assets. This milestone positions it as one […]

The post BurjX Becomes Fully Regulated Crypto Platform Under ADGM Framework appeared first on Fintechnews Middle East.

Saudi’s Yasmina Secures $2M to Scale Embedded Insurance Platform

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Yasmina, an embedded insurance platform based in Riyadh, has raised US$2 million in Seed funding. The round was led by Scene Holding, co-led by Access Bridge Ventures, with participation from Arzan VC and the Sanabil Investment Accelerator by 500 MENA. Founded in 2023 by Masoud Alhelou and Bashar Abalkhail, Yasmina provides API-based insurance solutions that […]

The post Saudi’s Yasmina Secures $2M to Scale Embedded Insurance Platform appeared first on Fintechnews Middle East.

ADGM FSRA and Azerbaijan Central Bank Collaborate on Fintech and Capital Markets

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The Financial Services Regulatory Authority (FSRA) of ADGM has signed a MoU with the Central Bank of the Republic of Azerbaijan to enhance collaboration in financial technologies, capital markets, and related areas. The agreement enables both authorities to exchange information and expertise, conduct joint training sessions, collaborate on research initiatives, and facilitate study visits. Emmanuel […]

The post ADGM FSRA and Azerbaijan Central Bank Collaborate on Fintech and Capital Markets appeared first on Fintechnews Middle East.

Telr and Peko Launch Telr Incepta to Support Business Setup in the UAE

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Telr, a digital payment gateway and financial solutions provider based in Dubai, has announced a partnership with Dubai-based fintech company Peko to introduce Telr Incepta, an all-in-one platform aimed at supporting business setup and operations in the UAE. The platform is designed to assist SMEs by integrating a range of tools and services that facilitate […]

The post Telr and Peko Launch Telr Incepta to Support Business Setup in the UAE appeared first on Fintechnews Middle East.

IHC Acquires SME Financing Platform eFunder, Rebrands as Zelo

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International Holding Company (IHC), a global investment firm based in Abu Dhabi, has announced the completion of its acquisition of eFunder, a private financing platform in the UAE that focuses on SMEs. The platform has been rebranded as Zelo, signalling a new phase aimed at expanding its reach and improving access to capital for businesses […]

The post IHC Acquires SME Financing Platform eFunder, Rebrands as Zelo appeared first on Fintechnews Middle East.

EazyPay Partners with Tamara to Support BNPL Expansion in Bahrain

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Eazy Financial Services (EazyPay), a Bahraini financial institution focused on Point-of-Sale (POS) and online payment gateway acquiring services, has entered into a partnership with Tamara, a Buy Now, Pay Later (BNPL) provider in the Gulf Cooperation Council (GCC). Under the agreement, EazyPay will act as Tamara’s local acquirer and offer its payment gateway infrastructure to […]

The post EazyPay Partners with Tamara to Support BNPL Expansion in Bahrain appeared first on Fintechnews Middle East.

TikTok and Visa Partner to Support UAE SMBs with Digital Ad Credits

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TikTok and Visa have announced a strategic partnership aimed at supporting SMBs across the UAE by offering access to digital tools, resources, and incentives. From 1 July 2025, SMBs that spend at least US$250 on a TikTok campaign using a Visa Commercial card will receive US$150 in TikTok Ad Credits. This offer is only available […]

The post TikTok and Visa Partner to Support UAE SMBs with Digital Ad Credits appeared first on Fintechnews Middle East.

UAE Tech Funding Surges 133% in H1 2025, Driven by Late-Stage Deals

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Tracxn has released its UAE Tech H1 2025 Report, providing a detailed overview of the country’s technology funding landscape during the first half of the year. The report highlights a strong rebound in investment activity compared to H2 2024, although overall funding remains below the levels recorded in H1 2024. Late-stage funding was the main […]

The post UAE Tech Funding Surges 133% in H1 2025, Driven by Late-Stage Deals appeared first on Fintechnews Middle East.

Bahrain Ranked as Most Cost-Efficient Fintech Hub in the GCC

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Bahrain has been identified as the most cost-competitive location to operate a financial services firm with a tech hub in the Gulf Cooperation Council (GCC), offering a 48% cost advantage. This finding comes from a report published by Ernst & Young’s (EY) US office. According to TradeArabia, the report examined the increasing significance of technology […]

The post Bahrain Ranked as Most Cost-Efficient Fintech Hub in the GCC appeared first on Fintechnews Middle East.

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