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Magnati, a leading payment solutions provider, has partnered with RAKBANK, the UAE's largest SME bank, to launch an innovative merchant financing platform. This partnership enables SME merchants to access credit facilities through RAKBANK by leveraging real-time Point of Sale (POS)...
#account receivables#embedded finance#fintech
Emirates Development Bank (EDB) and Abu Dhabi Islamic Bank (ADIB) have partnered to support UAE's small and medium enterprises (SMEs)…
#ADIB#credit guarantee scheme#EDB
Emirates NBD, a leading banking group in the MENAT region, has announced a SAR100million (US$26.7m) ESG-linked working capital facility with…
#Chalhoub Group#Emirates NBD#ESG
Beltone Holding, one of the fastest-growing financial institutions in Egypt, announced that its subsidiary, Beltone Leasing and Factoring, has signed…
#Amir Ghannam#Beltone#factoring
“The collaboration between financial institutions, underwriters and technology platforms may well be the key to strengthen the supply chain ecosystem…
#MENASCF24#Niraj Kumar#supply chain finance
The European Bank for Reconstruction and Development (EBRD) is supporting Egypt’s privatisation agenda and boosting the competitiveness of the private sector…
#EBRD#Micro Finance Institutions
FlapKap, the Abu Dhabi-based fintech platform specialising in revenue-based and embedded financing for MENA SMEs, has secured US$34m in a…
#A15#BECO Capital#fintech
Lendo, a Saudi Arabia-based Shariah-compliant crowdlending marketplace, has signed a Memorandum of Understanding (MOU) with J.P. Morgan to improve access…
#IFC#J.P. Morgan#Lendo
Bank Audi SAL, Lebanon’s second-largest lender, is embroiled in a legal battle with the International Finance Corporation (IFC), the private…
#Bank Audi#IFC
Abu Dhabi Commercial Bank – Egypt (ADCB Egypt) has teamed up with fintech firm PaySupp to offer innovative financing solutions…
#ADCB Egypt#fintech#PaySupp
Aramex, the UAE-based global logistics and transportation provider, has announced a strategic partnership with FlapKap, a UAE-based revenue-based financing (RBF)…
#Aramex#fintech#FlapKap
International Holding Company (IHC), the global diversified Abu Dhabi-based conglomerate, has formed Rorix Holdings, a groundbreaking global finance and trade…
#financial services#international#International Trade
Etihad Credit Insurance (ECI), the UAE Federal export credit company, signed a cooperation agreement with the International Development Bank (IDB),…
#Etihad Credit Insurance#International Development Bank#Raja Al Mazrouei