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InvoiceMate, a Dubai-based blockchain invoice finance fintech, has carried out a successful pilot transaction, showcasing the tokenisation of an invoice using the XDC blockchain protocol and TradeFinex's open source smart contract standards. The transaction was converting paper invoice into e-invoice,...
#InvoiceMate#TradeFinex
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…
#financial services#insurance#SME lending
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 has partnered with UAE Trade Connect (UTC) to combat invoice fraud across the UAE and revolutionise…
#DP World Trade Finance#UAE Trade Connect
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, 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, a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region, has invested in Komgo,…
#Emirates NBD#Komgo
Emirates Development Bank (EDB) has signed a Memorandum of Understanding (MoU) with... (more…)
#Emirates Development Bank#supply chain finance
Newgen Software, a global provider of low code digital transformation platform, announced that RAKBANK, a leading financial institution in the…
#digitalisation#digitisation#Newgen Software
Sharakah, a closed joint stock company in Oman has decided to invest in ... (more…)
#Beehive#funding#invoice
UAE firm e& enterprise announced the signing of the agreement to acquire majority stake in the digital SME finance platform, Beehive.Founded…
#Beehive
ICC UAE announces the 2nd edition of Global Trade Facilitation Summit 2023... (more…)
#emerging markets#exporters#risk
In order to allow customers to perform multiple tasks from one platform, MODIFI, a global commerce platform has expanded its…
#DP World#MODIFI