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Nium and Emirates NBD Expand Real-Time Payments in UAE, Plan Saudi Launch

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Global payments firm Nium and Emirates NBD are stepping up their cross-border payments push in the MENAT region, widening access to real-time transfers in the UAE and preparing for a launch in Saudi Arabia. The partnership, first announced in 2024, has now been extended to Emirates Islamic Bank, broadening access to real-time payouts across the […]

The post Nium and Emirates NBD Expand Real-Time Payments in UAE, Plan Saudi Launch appeared first on Fintechnews Middle East.

Airwallex Builds Middle East Presence With UAE Approval, New Saudi Entity

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Global financial platform Airwallex is fast-tracking its expansion in the Middle East, securing key licences, setting up new operations and striking regional partnerships. In the United Arab Emirates, the company has received in-principle approval from the Central Bank of the UAE for Stored Value Facilities and Retail Payment Services (Category II) licences. This includes approval […]

The post Airwallex Builds Middle East Presence With UAE Approval, New Saudi Entity appeared first on Fintechnews Middle East.

UAE Launches National Campaign to Boost Entrepreneurship

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Sheikh Mohammed bin Rashid, Vice President, Prime Minister, and Ruler of Dubai, has launched “The Emirates: The Startup Capital of the World”, a national campaign to strengthen the UAE’s position as a global centre for entrepreneurship and innovation. The initiative is overseen by the Ministry of Economy and Tourism, in cooperation with the UAE Government […]

The post UAE Launches National Campaign to Boost Entrepreneurship appeared first on Fintechnews Middle East.

Habib Al Mulla and Partners, Emirates NBD Partner to Support Emirati Entrepreneurs

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Habib Al Mulla and Partners, a law firm based in the UAE, has signed a MoU with Emirates NBD. The agreement forms part of Project 54, an initiative led by the firm to support Emirati entrepreneurs. Dr Habib Al Mulla, Founder of Habib Al Mulla and Partners, said: “As part of our mission to empower […]

The post Habib Al Mulla and Partners, Emirates NBD Partner to Support Emirati Entrepreneurs appeared first on Fintechnews Middle East.

erad Raises $33M to Expand GCC Operations

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erad, a Riyadh-headquartered alternative financing platform for SMEs, has raised US$33 million in debt financing to support its operations in Saudi Arabia and the wider GCC. The company previous raised US$16 million to support its growth and expansion within Saudi Arabia and other regions. The round was led by Stride Ventures, which recently expanded its […]

The post erad Raises $33M to Expand GCC Operations appeared first on Fintechnews Middle East.

Telr and Kema Partner to Streamline B2B Payments in the UAE

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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, […]

The post Telr and Kema Partner to Streamline B2B Payments in the UAE appeared first on Fintechnews Middle East.

Meedaf Partners with InDebted to Support UAE Expansion

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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 […]

The post Meedaf Partners with InDebted to Support UAE Expansion appeared first on Fintechnews Middle East.

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

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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 […]

The post Visa Launches Visa Private in UAE to Serve High-Net-Worth Clients appeared first on Fintechnews Middle East.

Pollen Street Capital Provides $100M Facility to UAE Lender CredibleX

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Pollen Street Capital has announced a US$100 million senior secured credit facility for CredibleX, a SME lender based in the UAE. CredibleX, founded in 2023, provides SMEs with access to working capital through its digital application platform. The company has developed a network of more than 60 distribution partners and employs over 40 staff in […]

The post Pollen Street Capital Provides $100M Facility to UAE Lender CredibleX appeared first on Fintechnews Middle East.

Botim Teams Up with Commercial Bank of Ethiopia on UAE Remittance Services

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Botim, Astra Tech’s fintech-first platform in the Middle East and North Africa, has announced a partnership with the Commercial Bank of Ethiopia (CBE), to provide remittance services for Ethiopians living in the UAE. This marks Botim’s first direct banking partnership in Ethiopia and a step forward in streamlining cross-border financial transactions. Through the collaboration, Botim […]

The post Botim Teams Up with Commercial Bank of Ethiopia on UAE Remittance Services appeared first on Fintechnews Middle East.

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