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MENA

UAE’s Invest Bank onboards Veefin Solutions to digitise their...

Invest Bank, one of UAE’s leading financial institutions, has onboarded Veefin Solutions, a leading provider of digital supply chain finance (SCF) technology and working capital solutions, to fully digitise its SCF offerings. This collaboration will replace the bank’s existing manual...

#Edris Al Rafi#Gautam Udani#Invest Bank

Mashreq and NEO PAY launch PoS lending for UAE...

Mashreq, one of the leading financial institutions in the MENA region, has announced a collaboration with NEO PAY, the UAE’s…

#Mashreq#NEO PAY#PoS lending


Al Rayan Bank selects Finastra solution for enhanced Islamic...

Finastra, a global provider of financial software applications, today announced it has been selected by Al Rayan Bank, one of…

#Al Rayan Bank#Finastra#Finastra Essence


Forus secures $60m to expand working capital finance in...

Major Funding Milestone Forus, a leading Saudi debt crowdlending platform specialising in working capital solutions for SMEs, has secured a…

#Fasanara#Forus#working capital finance


Lendo secures $690M J.P. Morgan facility for SME growth...

Lendo, the leading debt crowdfunding platform in Saudi Arabia, has secured a US$690m (SAR 2.6bn) warehouse facility led by J.P.…

#fintech#sme finance


Reem finance joins ECI’s Xport Xponential initiative to boost...

Etihad Credit Insurance (ECI), the UAE’s federal export credit company, has announced a partnership with Reem Finance, a leading UAE…

#export finance#trade credit insurance


Tarabut and EazyPay pioneering solutions to bridge the SME...

Bahraini SMEs now have improved access to financing through a partnership between Eazy Financial Services ("EazyPay"), a provider of POS…

#embedded finance#fintech#open finance platform


Madad Financial Technologies receives sandbox entry approval from QCB

Aligned with the Third Financial Sector Strategy, the FinTech Strategy, and Qatar Central Bank's (QCB) commitment to fostering and regulating…

#Madad Financial technologies#Qatar Central Bank#sandbox


Beltone announces additional capital increase of EGP 10.75bn

Beltone Holding (“Beltone” or the “Company”) announces that its Board of Directors has approved to proceed with all legal and…

#Beltone#Dalia Khorshid#sustainable


Oliv secures Egypt’s first digital factoring licence

oliv, a financial technology company focused on SME financing, has secured Egypt's first digital factoring licence from the Financial Regulatory…

#digital factoring#digitalisation#factoring


CredibleX secures US$55M in seed investment

CredibleX, an Abu Dhabi, UAE-based provider of a working capital finance platform for SMEs, raised US$55m in Seed funding. The…

#CredibleX#fintech#receivables finance platform


Qatar Central Bank sets the stage for digital banking...

The Qatar Central Bank (QCB) has unveiled a comprehensive 35-page regulation establishing a framework for the creation and operation of…

#digital banking#digitalisation#Qatar Central Bank

Qardy and AlKheir Microfinance partner to boost microfinance in...

Egypt’s online lending marketplace Qardy has formed a partnership with AlKheir Microfinance. The collaboration aims to support microbusinesses in Upper…

#AlKheir Microfinance#microfinance#Qardy

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