MENA Fintech Association

Adyen Introduces New Payment Terminals in the UAE

Adyen, a global financial technology platform, has announced the launch of two new payment terminals in the UAE, the S1E4 Pro and S1F4 Pro. Designed for use across sectors such as retail, food and beverage, hospitality, and beauty and wellness, the devices mark the company’s latest advancement in in-person payment solutions. The S1E4 Pro is […]

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Top 9 Fintech Events to Attend in Saudi Arabia in Q4 2025 and 2026

Fintech in Saudi Arabia is growing at a rapid pace, fueled by an expanding startup ecosystem, a rising talent pool, and continued strong capital inflows. According to Fintech Saudi’s annual fintech report, Saudi Arabia is now home to 261 fintech companies, up 21% from 216 a year earlier and 13% above the target of 230 […]

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MoneyHash Names Abdullah Khayat as Country Director for Saudi

MoneyHash, a payment orchestration platform, has appointed Abdullah Khayat as Country Director and General Manager for Saudi Arabia. Khayat brings over a decade of experience in driving growth and digital transformation across the financial services, fintech, retail, and government sectors in Saudi Arabia and the wider MENA region. The company aims to strengthen its presence […]

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Emirates NBD Partners with Letswork to Pilot Flexible Workspace Access

Emirates NBD has partnered with Letswork, a regional provider of flexible workspaces, to give employees access to more than 4,000 coworking desks, meeting rooms, and offices across the UAE and other locations. Under the agreement, selected Emirates NBD employees will take part in a 12-month pilot to access on-demand workspaces through Letswork’s platform, with the […]

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Fireblocks to Power Digital Asset Custody and Treasury for Singapore Gulf Bank

Singapore Gulf Bank has partnered with Fireblocks to secure its digital asset custody and treasury operations. The fully licensed digital wholesale bank, regulated by the Central Bank of Bahrain, will use Fireblocks’ enterprise platform for custody, settlement, trading operations, and stablecoin payments. The system automates treasury workflows, manages liquidity across multiple accounts and venues, and […]

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SAB Invest and Stride Ventures Partner to Boost Saudi VC Sector

Saudi-based SAB Invest has announced a partnership with Stride Ventures, an India-based growth debt and private credit platform, to strengthen Saudi Arabia’s venture capital ecosystem by introducing international expertise and firms into the local market. The collaboration marks SAB Invest’s expansion into startup-focused investments and private credit for SMEs. It also enables Stride Ventures to […]

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Hong Kong, Saudi Arabia Deepen Cooperation in Innovation and Technology

A business delegation jointly organised by the Government of the Hong Kong Special Administrative Region (HKSAR) and the Hong Kong Trade Development Council (HKTDC), led by Financial Secretary Paul Chan, visited Riyadh, Saudi Arabia, from 27 to 31 October. The delegation attended the Future Investment Initiative (FII) Summit and held meetings with senior government officials […]

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Tabby Valued at $4.5 Billion Following Secondary Share Sale

Tabby, a financial services app headquartered in Saudi Arabia, has completed a secondary sale of shares held by certain existing investors. HSG, Boyu Capital and others acquired these shares, implying a company valuation of US$4.5 billion. No new shares were issued, and Tabby did not receive any proceeds from the transaction. Hosam Arab, CEO and […]

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HUMAIN and AirTrunk Partner on $3B Data Centre Project in Saudi

HUMAIN, a Saudi-based AI company, and AirTrunk, a data centre platform in the Asia-Pacific region, have announced a strategic partnership to develop data centres in Saudi Arabia. The first project involves an investment of around US$3 billion to establish a large-scale data centre campus in the country. The partnership combines HUMAIN’s role as Saudi Arabia’s […]

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National Bank of Bahrain Appoints Nabeel Mustafa as Group COO

The National Bank of Bahrain (NBB) has appointed Nabeel Mustafa as Group Chief Operating Officer. Mustafa brings over two decades of experience in the financial services sector and has held several senior leadership positions since joining NBB in 2018. He most recently served as Acting Group Chief Operating Officer, where he played a key role […]

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