Fintech firm Wizz Financial to acquire UAE Exchange UK
Fintech firm Wizz Financial has received a regulatory nod from the UK’s Financial Conduct Authority (FCA) to complete its acquisition…
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Dubai’s Careem snaps up payment technology platform Denarii
Dubai-based super app Careem has acquired regional money transfer technology platform Denarii for an undisclosed amount. Founded in 2019 by…
Fintech platform NymCard raises $22.5m to bolster service offerings
Banking as-a-Service (BaaS) provider and card issuer NymCard has raised $22.5M in its latest funding round led by DisruptAD, Reciprocal…
FreedomPay signs strategic partnership deal with Network International
FreedomPay has turned to Network International to expand service for its merchant customers across the UAE and MEA region. As…
Mashreq Bank launches new unit to bolster payment capabilities
UAE-based Mashreq Bank has carved out a new wholly-owned subsidiary from its existing payments business to bolster its position in the digital…
Nigerian fintech OPay eyes expansion in North Africa and UAE
Nigerian fintech OPay has announced plans to expand its footprint to more countries across the Middle East and North Africa…
Network International, Amazon Payment Services to enhance digital payment for UAE merchants
Network International has announced a collaboration with Amazon Payment Services to enhance digital payment solutions to UAE merchants. The two…
UAE selects Accenture-led consortium for National Payment Systems
The Central Bank of the UAE (CBUAE) has selected Accenture to lead the consortium of firms to execute its National Payment Systems…