MENA Fintech Association

Interested in becoming a MENA Fintech Association member?
Become a sponsor
Instagram Linkedin Youtube
hello@mena-fintech.org
Instagram Linkedin Youtube
Menu
Menu
Become A Sponsor

Saudia Arabia

Saudi Fintech Sector Surpasses Growth Targets; Ecosystem Rises 21% and Workforce Expands 64%

by

Saudi Arabia’s fintech sector is maintaining its growth momentum, marked by an expanding startup ecosystem, a rising talent pool, and continued strong capital inflows, according to Fintech Saudi’s annual fintech report. Released last week and produced with the support of the Saudi Central Bank (SAMA), the Capital Market Authority (CMA), and the Insurance Authority (IA), […]

The post Saudi Fintech Sector Surpasses Growth Targets; Ecosystem Rises 21% and Workforce Expands 64% appeared first on Fintechnews Middle East.

TerraPay, D360 Bank Partner to Enable Inbound Money Transfers into Saudi

by

TerraPay, a global money movement company, has announced a strategic partnership with D360 Bank, a Saudi Sharia-compliant digital bank, to facilitate inbound money transfers into the Kingdom of Saudi Arabia. The partnership allows Saudi Arabia to support inbound flows across multiple use cases, including person-to-person, consumer-to-business, business-to-consumer, and business-to-business transactions. Payouts can be made to […]

The post TerraPay, D360 Bank Partner to Enable Inbound Money Transfers into Saudi appeared first on Fintechnews Middle East.

Saudi National Bank to Launch POS Lending Solution for SMEs

by

Saudi National Bank (SNB) has announced plans to launch a Point-of-Sale (POS) lending solution for SMEs. The solution will be powered by Tarabut, a regulated financial technology platform in the MENA region, and delivered through Geidea, a payment solutions provider in Saudi Arabia. The initiative is subject to all required approvals from the Saudi Central […]

The post Saudi National Bank to Launch POS Lending Solution for SMEs appeared first on Fintechnews Middle East.

Najm and Elm Partner on Data and Tech for Saudi Insurance

by

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 […]

The post Najm and Elm Partner on Data and Tech for Saudi Insurance appeared first on Fintechnews Middle East.

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

by

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 […]

The post Money20/20 Middle East in Riyadh Draws Record 38,500 Attendees appeared first on Fintechnews Middle East.

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

by

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 […]

The post Bwatech Secures $16M to Expand Corporate Fintech in Saudi Arabia appeared first on Fintechnews Middle East.

barq Adopts iPiD Validate to Enhance Payment Verification in Saudi Arabia

by

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 […]

The post barq Adopts iPiD Validate to Enhance Payment Verification in Saudi Arabia appeared first on Fintechnews Middle East.

Mastercard and HyperPay to Launch Commercial Cards in Saudi Arabia

by

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, […]

The post Mastercard and HyperPay to Launch Commercial Cards in Saudi Arabia appeared first on Fintechnews Middle East.

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

by

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 […]

The post MoneyGram and D360 Bank to Advance Cross-Border Payments in Saudi Arabia appeared first on Fintechnews Middle East.

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

by

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 […]

The post Day 2 of Money20/20 Middle East Highlights Fintech Innovation in Riyadh appeared first on Fintechnews Middle East.

Join MENA Fintech

Send us your details and we will get back to you

  • Please check again fields!

Thank you for contributing, Our team will verify and update in website shortly
Continue