MENA Fintech Association

Meedaf and Brink’s Partner to Enhance Cash and ATM Services in UAE

Meedaf, a financial services entity licensed by the Abu Dhabi Global Market (ADGM) and launched in April 2025, has entered into a strategic joint venture with Brink’s, a global provider of cash and valuables management, digital retail solutions, and ATM managed services. The partnership aims to strengthen the cash management and ATM services landscape in […]

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Mawarid Finance and AFS Launch Digital Credit Card Platform in UAE

Mawarid Finance, in partnership with Arab Financial Services (AFS), a digital payments solutions provider and fintech enabler in the Middle East and Africa, has launched a digital application for credit card issuance and management. The initiative aims to support the shift towards digital financial services and improve user experience in the UAE. The application provides […]

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Saudi Digital Bank D360 Eyes Series A in 2025, Targets Global Investors

Saudi Arabia’s digital bank D360, backed by the Public Investment Fund (PIF), is in preliminary discussions with potential global investors as it prepares for a Series A funding round slated for the second half of 2025. The Shariah-compliant bank, which began operations in December, aims to complete the fundraising in the first quarter of 2026, […]

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BENEFIT Launches Fourth Edition of Masar Fintech Internship Programme

BENEFIT, a company in Bahrain’s fintech and electronic financial transactions sector, has announced the launch of the fourth edition of its annual fintech internship programme, Masar. The initiative is aimed at providing Bahraini youth with practical experience and skills development opportunities in the fintech field. This year’s edition of Masar will support 40 selected participants, […]

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Stride Ventures Expands in Saudi as Venture Debt Surges in GCC

Stride Ventures, a India-based player in venture debt, has announced a significant expansion across the Gulf Cooperation Council (GCC), with Saudi Arabia at the centre of its regional strategy. This includes doubling its local team and opening a second regional office, signalling a growing focus on alternative financing models in the region. The announcement aligns […]

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Singapore’s StashAway Appoints Raaed Sheibani as UAE Country Manager

StashAway, a digital investment platform operating across Asia and the Middle East, has named Raaed Sheibani as its new Country Manager for the UAE. His appointment coincides with StashAway’s participation in the Dubai International Financial Centre’s (DIFC) ‘1 Million Learners’ initiative as a founding partner. In his new role, Raaed will oversee StashAway’s strategic development […]

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Singapore’s StashAway Appoints Raaed Sheibani as UAE Country Manager

StashAway, a digital investment platform operating across Asia and the Middle East, has named Raaed Sheibani as its new Country Manager for the UAE. His appointment coincides with StashAway’s participation in the Dubai International Financial Centre’s (DIFC) ‘1 Million Learners’ initiative as a founding partner. In his new role, Raaed will oversee StashAway’s strategic development […]

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Emirates NBD Partners with iPiD for Real-Time Cross-Border Payee Verification

Emirates NBD has entered into a partnership with iPiD, a Singapore-based provider of Know Your Payee (KYP) validation services. The collaboration aims to enhance the bank’s cross-border payment processes by enabling real-time beneficiary validation. Through the integration of iPiD’s technology, customers will be able to verify payee names, IBANs, and account numbers before initiating a […]

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Emirates NBD Partners with iPiD for Real-Time Cross-Border Payee Verification

Emirates NBD has entered into a partnership with iPiD, a Singapore-based provider of Know Your Payee (KYP) validation services. The collaboration aims to enhance the bank’s cross-border payment processes by enabling real-time beneficiary validation. Through the integration of iPiD’s technology, customers will be able to verify payee names, IBANs, and account numbers before initiating a […]

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Stitch Raises $10M to Improve Financial Infrastructure in MENA

Stitch, a Saudi Arabia-based platform for launching and scaling financial products, has announced the close of a US$10 million seed funding round. The round was led by Arbor Ventures, COTU Ventures, Raed Ventures, and SVC, with participation from family offices and industry figures including Marqeta founder Jason Gardner and Abdulmalik AlSheikh, known for his role […]

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