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Fintechnews Middle East

Stitch Raises $10M to Improve Financial Infrastructure in MENA

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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 […]

The post Stitch Raises $10M to Improve Financial Infrastructure in MENA appeared first on Fintechnews Middle East.

Hub71 Partners with Yas Investments to Connect Startups with Private Capital

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Hub71, Abu Dhabi’s global tech ecosystem, has entered into a strategic partnership with Yas Investments, a multi-family investment platform and fund manager, to support greater investor participation in the UAE’s venture capital sector. The collaboration aims to link high-potential startups with private capital, offering opportunities for strategic investment and business growth. Yas Investments, which invests […]

The post Hub71 Partners with Yas Investments to Connect Startups with Private Capital appeared first on Fintechnews Middle East.

GCC Customers Push for Blended Digital and In-Person Banking

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A new survey by Arthur D. Little (ADL), covering 24 banks in the UAE and 18 in the Kingdom of Saudi Arabia (KSA), finds that customers across the Gulf Cooperation Council (GCC) are increasingly seeking integrated omnichannel banking experiences that balance digital convenience with human interaction. The findings show both distinct and converging trends in […]

The post GCC Customers Push for Blended Digital and In-Person Banking appeared first on Fintechnews Middle East.

UAE Launches Region’s First Finfluencer License

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The Securities and Commodities Authority (SCA) of the UAE has officially introduced the region’s first “Finfluencer” license, marking a significant step in regulating and supervising digital financial content. This initiative aims to establish a formal governance framework for individuals providing investment analysis, recommendations, and financial promotions via digital platforms. The measure is intended to strengthen […]

The post UAE Launches Region’s First Finfluencer License appeared first on Fintechnews Middle East.

Vault Wealth Launches Digital Private Wealth Platform in MENA

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Vault Wealth, a digital private wealth platform focused on serving affluent individuals based in UAE, has officially launched to the public. The announcement coincides with a new investment round led by Peak XV Partners, formerly Sequoia Capital India and Southeast Asia, with continued backing from Outliers VC. Following the receipt of its license from the […]

The post Vault Wealth Launches Digital Private Wealth Platform in MENA appeared first on Fintechnews Middle East.

Qashio Raises $19.8M to Fuel MENA and Saudi Expansion

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Dubai-based business-to-business (B2B) spend management platform Qashio has secured US$19.8 million in its latest funding round, comprising both equity and non-equity financing. The round was led by existing investor Rocketship, a Silicon Valley-based venture capital firm, with further participation from ABN Ventures, MITAA, and Oneway VC. New strategic investors, including Luxembourg’s MoreThan Capital, major banks […]

The post Qashio Raises $19.8M to Fuel MENA and Saudi Expansion appeared first on Fintechnews Middle East.

Mashreq Rolls Out Aani Instant Payments for SMEs in the UAE

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Mashreq has introduced Aani Instant Payments, a new feature designed to allow SMEs to collect payments from their customers instantly and securely, without requiring an IBAN. The Aani Instant Payments feature enables Mashreq’s SME clients to generate a link or QR code via the Mashreq Biz app, which can then be shared with their customers. […]

The post Mashreq Rolls Out Aani Instant Payments for SMEs in the UAE appeared first on Fintechnews Middle East.

UBS Expands to Abu Dhabi as More Millionaires Move to Middle East

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European banking giant UBS Group is establishing a new office in Abu Dhabi, aiming to tap into the growing number of wealthy individuals relocating to the Middle East, according to Bloomberg. The ultra-rich have increasingly been moving away from high-tax countries such as the United Kingdom, opting instead for the region’s favourable low-tax environment. “The […]

The post UBS Expands to Abu Dhabi as More Millionaires Move to Middle East appeared first on Fintechnews Middle East.

Emirates NBD Launches Fourth Cohort of Fintech Talent Incubator

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Emirates NBD has launched the fourth cohort of its National Digital Talent Incubator (NDTI) programme. The initiative is supported by several industry partners, including the DIFC Innovation Hub, Visa, Microsoft, and Dell Technologies. The programme has already completed three previous cohorts, aiming to support the development of the next generation of Emirati fintech professionals. The […]

The post Emirates NBD Launches Fourth Cohort of Fintech Talent Incubator appeared first on Fintechnews Middle East.

PayTabs Unveils Saudi-Built AI Payment Platform

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PayTabs Group, a MENA-based payment orchestration company, has announced the launch of its upgraded AI-powered payment orchestration platform. Developed over four months in Saudi Arabia, the platform is expected to surpass SAR 325 billion in transaction processing, supporting the Kingdom’s financial inclusion and digital transformation goals. Among its recent initiatives, PayTabs launched the AI Payment […]

The post PayTabs Unveils Saudi-Built AI Payment Platform appeared first on Fintechnews Middle East.

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