MENA Fintech Association

BENEFIT to Launch Cross-Border QR Payments with Alipay+

BENEFIT and Ant International have signed a MoU to introduce cross-border QR payments between Bahrain’s BENEFIT QR scheme and Ant International’s Alipay+ global wallet gateway in 2026. The partnership will allow over 15,000 Bahraini merchants to accept cross-border QR payments from Alipay+ partners, which currently connect more than 1.8 billion user accounts across 40 digital […]

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Abdul Latif Jameel Finance, Ant International Partner on Saudi Fintech Initiatives

Abdul Latif Jameel Finance, a provider of financing solutions regulated by the Saudi Central Bank (SAMA), and Ant International have signed a MoU to explore opportunities in the fintech sector in Saudi Arabia. The collaboration aims to support the growth of SMEs in the Kingdom through advanced digital services. The partnership will focus on a […]

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Saudi Arabia to Introduce Cross-Border QR Payments with Alipay+

The Saudi Central Bank (SAMA) and Ant International, a global digital payments and financial technology provider, plan to introduce cross-border QR code payments in 2026. The system will link Saudi Arabia’s national payment scheme, mada, with Ant International’s global wallet gateway, Alipay+, aiming to support digitalisation and provide local merchants with broader payment access. Douglas […]

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Ant International Advances UAE Expansion with ADIO Agreement and Central Bank Approval

Ant International, a global provider of digital payment, digitisation, and financial technology services, has announced two developments that mark a step forward in its expansion in the UAE. The company has signed a MoU with the Abu Dhabi Investment Office (ADIO) and received In-Principle Approval (IPA) for the Stored Value Facilities (SVF) and Retail Payment […]

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