MoneyGram forges cross-border payments partnership with urpay
MoneyGram International has joined forces with digital wallet urpay to facilitate cross-border money transfers from Saudi Arabia. As part of…
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Western Union completes acquisition of minority stake in stc Bank
The Western Union Company has completed its acquisition of a 15% stake in Saudi Arabia-based stc Bank for $200m. The…
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Saudi Payments launches mobile acceptance solution for SMEs with Visa
Saudi Payments, which is owned by Saudi Central Bank (SAMA), has teamed up with Visa to launch a low-cost mobile…
Fintech firm Ziina raises $7.5m to fund Saudi expansion
Dubai-based fintech Ziina has raised $7.5m in a new funding round to accelerate its expansion to Saudi Arabia and Jordan…
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BNPL outfit Tamara rakes in $110m to expand operations in GCC
Saudi Arabia-based buy now pay later (BNPL) startup Tamara has raised $110m in both debt and equity in its Series…
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Saudi Payments unveils instant payment system in tie-up with IBM, Mastercard
Saudi Payments has launched an instant payment system, called sarie, in collaboration with IBM and Mastercard. Launched under the supervision…
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Tweeq inks exclusive partnership agreements with Mastercard, Paymentology
Saudi fintech firm Tweeq has collaborated with Mastercard and cloud-based issuer payment processor Paymentology to offer a new app-based spending…
stc pay and Thales collaborate for contactless card payments
Saudi Telecom Company’s digital payments unit stc pay has joined forces with French technology firm Thales to launch a new…