Pemo Secures $7 Million to Expand Spend Management Platform Across the GCC
The funding will support Pemo’s expansion into new markets within the GCC, including Saudi Arabia.
Fintech
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Zand and Paymentology Partner to Empower Fintechs in the MENA Region
Key Giveaways: Dubai, UAE – Zand, the UAE’s first all-digital bank, and Paymentology, a leading card-issuing technology provider, have announced a…
Mastercard and Network International Partner to Enhance Digital Payments in the UAE
This collaboration aims to provide faster, more efficient, and secure digital payment options for consumers and businesses.
Paymentology Partners with Zand Bank to Expand Financial Services for Fintechs in the UAE
Paymentology has entered into a referral partnership with Zand Bank to provide fintechs and startups in the UAE with crucial financial services. This collaboration aims to support the UAE’s digital economy by offering infrastructure, compliance support, and services like BIN-sponsorship and virtual IBANs, helping new businesses scale efficiently.
Alipay+ Partnership Enhances Mobile Payments for Travelers in Nepal
Travelers from Asia and Europe can now make mobile payments at over 875,000 merchants in Nepal, thanks to a partnership between Nepal Clearing House Limited (NCHL) and Ant International. The service, which supports multiple payment apps, aims to boost tourism and enhance global payment connectivity in Nepal.
Jordan Source Showcases ICT Innovations at Singapore Fintech Festival to Strengthen Global Partnerships
Jordan Source participated in the Singapore Fintech Festival to strengthen global partnerships and promote Jordan as a hub for ICT investments. The program highlighted the Kingdom’s innovations and its skilled workforce, aiming to attract international business and investors to support growth in the ICT sector.
Tranglo Expands Cross-Border Payment Services Across the GCC to Support Migrant Workers
Tranglo has expanded its cross-border payment services to the GCC, helping over 31 million migrant workers send money more efficiently. The move supports financial inclusion and remittances growth, enhancing the ease and affordability of cross-border transactions in the region.
Dubai Chambers Partners with Noqodi to Drive Cashless Payment Solutions
Dubai Chambers has partnered with fintech company Noqodi to support the ‘Cashless Dubai’ strategy. This collaboration aims to streamline secure digital payment options across all business services, enhancing customer experience and operational efficiency.
Nepal Clearing House and Ant International Launch Cross-Border Payment Solution with NEPALPAY QR and Alipay+
Nepal Clearing House Limited and Ant International have launched a cross-border payment feature between NEPALPAY QR and Alipay+, allowing travelers from ten regions to use their native e-wallets at over 875,000 merchants in Nepal. This initiative supports Nepal’s tourism and digital payment integration, enhancing convenience for international visitors.
Digital Transformation Boosts Efficiency in Jordan’s Financial Systems, Study Finds
A study in the International Journal of Economics and Business Research highlights how digital transformation is enhancing efficiency in Jordan’s financial systems. Researchers from Al-Hussein Bin Talal University found that adopting digital tools improves decision-making and positions companies for competitive advantage, fostering economic growth in the Jordanian economy.
