Technology news and insights in the Middle East, South Asia, and Africa
Technology News and insights in the Middle East, South Asia, and Africa
Technology news and insights in the Middle East, South Asia, and Africa
Technology News and insights in the Middle East, South Asia, and Africa
BENEFIT will represent Bahrain at the Singapore FinTech Festival 2025, showcasing technologies like BenefitPay and the Bahrain Credit Reference Bureau. The company’s participation supports Bahrain’s vision to become a regional fintech powerhouse, fostering global partnerships, digital innovation, and sustainable growth in alignment with Economic Vision 2030.
eNovate, in partnership with Visa and Arab Bank, has launched Rize — Egypt’s first digital banking ecosystem for university students. Combining ID functionality with smart payments, Rize aims to promote youth financial literacy, inclusion, and digital innovation across Egyptian campuses.
DisrupTech Ventures’ investment in Chari marks a strategic step toward scaling inclusive fintech solutions across Africa, enabling digital payments and financial access through Morocco’s vast retail network.
Cairo–Casablanca, November 5, 2025 — DisrupTech Ventures, Egypt’s leading early-stage fintech venture capital fund, has announced a strategic investment in Chari, a Y Combinator–backed Moroccan startup transforming traditional retail into a nationwide fintech network. This marks DisrupTech’s first investment in Morocco and its second in Africa outside Egypt, signaling its growing commitment to financial inclusion and digital innovation across the continent.
QFC and Doha Bank have partnered to accelerate fintech and digital asset innovation in Qatar, focusing on research, joint development, and startup support to strengthen the country’s position as a regional fintech hub.
Thawani has obtained a Visa licence to issue credit cards in Oman, marking a first for the nation’s FinTech sector. The partnership enhances digital inclusion, strengthens Oman Vision 2040 goals, and positions Thawani as a leader in secure, accessible financial innovation.
bKash now processes 5.2% of global mobile money transactions, cementing Bangladesh’s leadership in digital financial inclusion. With 82 million users and expanding innovations, it continues to redefine financial access for underserved communities worldwide.
MTN MoMo and Mastercard have expanded their collaboration to boost digital financial inclusion in South Africa, introducing card-based wallet top-ups, advanced security via tokenisation, and broader access to digital services.
Fawry has launched Apple Pay in partnership with Banque Misr, introducing secure contactless payments across Egypt. The move strengthens Egypt’s digital payments ecosystem and allows myfawry cardholders to make quick, private, and globally recognized transactions using Apple devices.
The Information & eGovernment Authority (IGA), in partnership with Beyon Connect, has launched the Bulk Know Your Customer (KYC) Service, marking a major step forward in Bahrain’s digital financial transformation and data verification ecosystem.