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Fintechnews Middle East

Sygnum Bank Middle East Launches Institutional-Grade Solana Validator

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Sygnum Bank Middle East has launched Sygnum Validators from ADGM, a service that operates institutional-grade validator nodes for select blockchain networks, enabling non-custodial staking. Last month, the UAE adopted the Crypto-Asset Reporting Framework (CARF) from the OECD, marking a step towards tax transparency and cross-border information sharing. Since the establishment of the UAE’s Virtual Asset […]

The post Sygnum Bank Middle East Launches Institutional-Grade Solana Validator appeared first on Fintechnews Middle East.

Wio Bank and TAMM Partner to Simplify SME Banking in Abu Dhabi

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Wio Bank PJSC has signed a MoU with TAMM, Abu Dhabi’s unified government services platform, to simplify business banking for entrepreneurs and SMEs across the Emirate. The agreement was signed during GITEX Global 2025. Under the partnership, Wio Business will be integrated into TAMM’s digital ecosystem, allowing users to open new accounts, link existing ones, […]

The post Wio Bank and TAMM Partner to Simplify SME Banking in Abu Dhabi appeared first on Fintechnews Middle East.

Wise Secures UAE Central Bank Approval to Launch Services

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Wise has received regulatory approval from the Central Bank of the UAE (CBUAE) to offer its services in the country. The approvals cover two categories: Stored Value Facilities and Retail Payment Services, Category 2. This development will allow Wise to introduce its products, including Wise Account and Wise Business, to individual and business customers in […]

The post Wise Secures UAE Central Bank Approval to Launch Services appeared first on Fintechnews Middle East.

Presight, NCST Partner to Strengthen AI and Digital Research in Bahrain

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Presight has signed a MoU with the Nasser Centre for Science and Technology (NCST) in Bahrain to advance digital transformation and promote the use of AI across key sectors, including smart cities and data-driven innovation. NCST’s AI Research and Development team focuses on applied research in artificial intelligence and emerging technologies, analysing global trends and […]

The post Presight, NCST Partner to Strengthen AI and Digital Research in Bahrain appeared first on Fintechnews Middle East.

Crypto.com Receives In-Principle Approval for UAE SVF License

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Foris DAX Middle East, trading as Crypto.com, has received In-Principle Approval (IPA) from the Central Bank of the UAE (CBUAE) for a Stored Value Facilities (SVF) license. Once the final license is granted, the company will be able to provide digital payment services for Dubai Government fees in UAE dirhams or dirham-pegged stablecoins, through the […]

The post Crypto.com Receives In-Principle Approval for UAE SVF License appeared first on Fintechnews Middle East.

Presight, UAE Cyber Security Council Partner on AI and Cybersecurity

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Presight has signed a MoU with the UAE Cyber Security Council (CSC). Under the agreement, the Council’s CyberE71 programme will join Presight’s AI-Startup Accelerator as a partner to support the development of secure and responsible AI innovation in the UAE and beyond. The collaboration aims to integrate cybersecurity expertise and mentorship into the accelerator, promoting […]

The post Presight, UAE Cyber Security Council Partner on AI and Cybersecurity appeared first on Fintechnews Middle East.

Jeel, Synpulse to Co-Develop Wealth Platform for Saudi Arabia

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Saudi Arabia’s financial sector is undergoing significant transformation, with wealth management becoming an essential part of the Kingdom’s economic diversification strategy. To support this shift, Jeel, powered by Riyadh Bank, has signed a MoU with Switzerland-based Synpulse to co-develop a new wealth management platform tailored for Saudi Arabia. The platform will be built on open […]

The post Jeel, Synpulse to Co-Develop Wealth Platform for Saudi Arabia appeared first on Fintechnews Middle East.

Bybit Secures UAE Virtual Asset Platform Operator License from SCA

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Bybit has secured a Virtual Asset Platform Operator License from the Securities and Commodities Authority (SCA) of the UAE. The license allows Bybit to offer its full range of global products and services in compliance with UAE regulations. It follows the firm’s receipt of In-Principle Approval (IPA) from the SCA in February, with support from […]

The post Bybit Secures UAE Virtual Asset Platform Operator License from SCA appeared first on Fintechnews Middle East.

Abu Dhabi Airports, Al Hail Holding to Pilot Traveller Digital Wallet

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bu Dhabi Airports and Al Hail Holding have signed a MoU to strengthen the UAE’s position as a global hub for tourism, financial technology, and sustainable mobility. The partnership outlines plans to explore next-generation payment solutions, including stablecoin and digital asset technologies, to enable faster and more secure transactions. Al Hail Holding, together with its […]

The post Abu Dhabi Airports, Al Hail Holding to Pilot Traveller Digital Wallet appeared first on Fintechnews Middle East.

Saudi’s Sarmad Launches Digital Platform for Asset Management

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Saudi-based fintech provider Sarmad has launched thamar, a platform designed to digitalise customer experience for asset management firms. The solution digitises both customer and employee activities, connects asset managers with distributors, and supports regulatory compliance to streamline operations. It aims to provide a seamless investor experience while enhancing distribution capabilities. Aligned with the Financial Sector […]

The post Saudi’s Sarmad Launches Digital Platform for Asset Management appeared first on Fintechnews Middle East.

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