MENA Fintech Association

Telr and Kema Partner to Streamline B2B Payments in the UAE

Telr, an online payment gateway, has announced a strategic partnership with Kema, a UAE-based fintech platform providing a SaaS solution that helps B2B SMEs optimise and automate cash flow processes across the region. The collaboration integrates Telr’s payment services with Kema’s platform, allowing merchants to manage payments and cash flow more efficiently. Through the partnership, […]

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Najm and Elm Partner on Data and Tech for Saudi Insurance

Najm for Insurance Services has signed a cooperation agreement with Elm Company during the Money20/20 Middle East conference. The agreement establishes a legal framework for collaboration between the two companies in data exchange and technological services, with the aim of improving the quality of services available to beneficiaries. Under the agreement, both organisations will work […]

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Money20/20 Middle East in Riyadh Draws Record 38,500 Attendees

Money20/20 Middle East in Riyadh drew more than 38,500 participants, making it the largest fintech event in the region and the second largest globally. The gathering brought together global leaders in fintech, banking, investment, and digital innovation. This year’s edition hosted over 450 international fintech brands and more than 1,050 investors. Global brand participation rose […]

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Bwatech Secures $16M to Expand Corporate Fintech in Saudi Arabia

Bwatech, a Saudi fintech firm focused on corporate financial solutions, has secured US$16 million (SAR 60 million) in a funding round led by Sharaka Financial. The investment will support the company’s expansion in the Saudi market and strengthen its role in providing financial technologies for corporate and banking operations. Bwatech’s platform allows businesses to manage […]

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Meedaf Partners with InDebted to Support UAE Expansion

Meedaf, the financial services platform based in ADGM, has entered into a strategic partnership with InDebted, a Australian-based provider of AI-driven debt collection solutions. As part of the agreement, Meedaf will invest in InDebted’s UAE entity to support the company’s regional expansion. The partnership combines Meedaf’s regional expertise and networks with InDebted’s technology-led approach to […]

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barq Adopts iPiD Validate to Enhance Payment Verification in Saudi Arabia

barq, a digital payments provider in Saudi Arabia, has partnered with iPiD, a global provider of Know Your Payee (KYP) solutions, to integrate iPiD Validate, a payee verification tool designed to reduce fraud and ensure payments reach the correct recipients. The partnership supports the development of secure digital payments in the Kingdom and aligns with […]

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Mastercard and HyperPay to Launch Commercial Cards in Saudi Arabia

Mastercard has announced a collaboration with HyperPay, a payment gateway provider in Middle East and North Africa (MENA), to support the digital transformation of commercial payments in Saudi Arabia. The partnership will focus on issuing commercial cards in Saudi Arabia, with plans to extend to the UAE and Qatar. The initiative aims to provide businesses, […]

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MoneyGram and D360 Bank to Advance Cross-Border Payments in Saudi Arabia

MoneyGram and D360 Bank have signed a MoU during Money20/20 Middle East, outlining a partnership to support Saudi Arabia’s digital transformation and the goals of Vision 2030. The agreement focuses on strengthening cross-border payment services and developing digital financial solutions. MoneyGram will provide its global payments network, while D360 Bank, a Saudi digital bank backed […]

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Day 2 of Money20/20 Middle East Highlights Fintech Innovation in Riyadh

Day two of Money20/20 Middle East in Riyadh brought together leaders from fintech, banking, and financial services to discuss the future of money and finance in the region. The agenda focused on key themes such as artificial intelligence in finance, regulatory developments, inclusive innovation, and strategic capital. Speakers included Hon. Caroline D. Pham, Acting Chairman […]

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Visa Launches Visa Private in UAE to Serve High-Net-Worth Clients

Visa has introduced Visa Private, a premium offering designed for high-net-worth individuals (HNWIs) seeking services and benefits beyond standard card features. Initially launching in the UAE, with plans for a broader rollout across the GCC, Visa Private combines secure payment technology with a range of travel, lifestyle and retail privileges. The launch comes as the […]

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