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UAE

UAE fintech startup Flow48 secures $25 million in pre-Series...

UAE-based fintech start-up Flow48, which provides SMEs with access to revenue-based financing, has secured US$25m in a pre-Series A funding round.Comprising a mixture of equity and debt funding, the round featured participation from Speedinvest, Daphni, 212, Blockchain Founders Fund, Unpopular...

#financial services#insurance#SME lending

SME Finance Facilitator programme unveiled in Abu Dhabi

The Abu Dhabi Department of Economic Development (ADDED) has launched the SME Finance Facilitator programme, in partnership with the Emirates…

#SME lending


DP World Trade Finance joins UTC platform to combat...

DP World Trade Finance has partnered with UAE Trade Connect (UTC) to combat invoice fraud across the UAE and revolutionise…

#DP World Trade Finance#UAE Trade Connect


Etihad Credit Insurance to deliver AED1.4 billion to support...

The Ministry of Industry and Advanced Technology (MoIAT) of UAE has announced a collaboration with Etihad Credit Insurance (ECI) to…

#ECI#export finance#trade credit insurance


Triterras announces the addition of two new hires to...

Triterras, Inc. (Triterras) a leading fintech company focused on trade and trade finance, announces the hiring of two new members…

#supply chain finance#Triterras


Emirates NBD invests in Komgo

Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region, has invested in Komgo,…

#Emirates NBD#Komgo


Trade Capital Partners & EDB to launch supply chain...

Emirates Development Bank (EDB) has signed a Memorandum of Understanding (MoU) with... (more…)

#Emirates Development Bank#supply chain finance


RAKBANK selects Newgen software to power SCF

Newgen Software, a global provider of low code digital transformation platform, announced that RAKBANK, a leading financial institution in the…

#digitalisation#digitisation#Newgen Software


UAE invoice finance fintech welcomes new investor

Sharakah, a closed joint stock company in Oman has decided to invest in ... (more…)

#Beehive#funding#invoice


e& enterprise acquires Beehive

UAE firm e& enterprise announced the signing of the agreement to acquire majority stake in the digital SME finance platform, Beehive.Founded…

#Beehive


ICC to hold 2nd edition of the Global Trade...

ICC UAE announces the 2nd edition of Global Trade Facilitation Summit 2023... (more…)

#emerging markets#exporters#risk


MODIFI enlarges partnership with DP World Trade Finance

In order to allow customers to perform multiple tasks from one platform, MODIFI, a global commerce platform has expanded its…

#DP World#MODIFI

United Arab Bank joins UAE Trade Connect to combat...

United Arab Bank (UAB) has announced that it has joined UAE Trade Connect (UTC) as an official member.UTC, the fintech…

#blockchain#digitalisation#Fraud Prevention

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