Telr partners with Samsung to launch Samsung Pay in the UAE, aiming to enhance the region’s digital payments and ecommerce capabilities. This strategic collaboration merges Telr’s payment expertise with Samsung’s technology to streamline transactions and ensure secure, user-friendly mobile payments.
PayTabs Egypt has partnered with Azimut to offer online top-ups for investment accounts on the azinvest platform, using debit and prepaid cards. The collaboration, approved by the Central Bank of Egypt, simplifies account funding and optimizes investment management. This partnership enhances digital payment solutions across the region.
Mastercard has partnered with Fundbot to enhance B2B payment flows in the UAE and Saudi Arabia, focusing on sectors like healthcare. The collaboration introduces dynamic discount solutions, improving cash flow management for suppliers and reducing operational challenges for buyers. This initiative aims to streamline transactions and foster financial inclusion.
The platform is a key part of the UAE’s efforts to modernize its financial sector and solidify its position as a global fintech leader.
EdfaPay, a Riyadh-based fintech platform, has successfully closed a $5 million pre-Series A funding round. The investment will support its expansion across the MENA region and Pakistan, enhancing its digital payment solutions for SMEs. The platform’s SoftPOS technology and payment gateway services continue to attract regional and global partners.
Ooredoo Fintech and PayPal have partnered to enable seamless transfers between Ooredoo Money wallets and PayPal accounts in Qatar. This collaboration enhances access to global markets for consumers and small businesses, offering new opportunities for cross-border commerce and digital payments, with plans for expansion across the Gulf and MENA regions.
FOO, a leading B2B SaaS provider, has partnered with eNovate to enhance Egypt’s digital payment solutions. This collaboration will leverage FOO’s modular platform and Fintech as a Service (FaaS) solutions to empower fintechs and accelerate digital transformation. Key projects, including a university digital solution, are already underway.
Visa has introduced several digital payment innovations in Qatar, including the launch of ‘Click to Pay’, a biometric-enhanced solution, in line with Qatar’s National Vision 2030. These initiatives aim to boost digital payment adoption, support the fintech sector, and facilitate secure, user-friendly financial services for both consumers and businesses in the country.
Mastercard has partnered with eNovate, a subsidiary of eFinance Investment Group, to introduce a Card-as-a-Service (CaaS) solution to Egypt. This collaboration provides banks, fintechs, and non-financial institutions with an efficient platform for launching digital payment products, supporting Egypt’s digital transformation and Vision 2030 goals.
Telenor Microfinance Bank (TMB) has received a $10 million equity investment from Telenor Group and Ant Group, supporting the launch of Easypaisa’s digital retail banking operations in Pakistan. This investment, along with impressive financial results, strengthens TMB’s mission to enhance digital financial inclusion and deliver innovative banking solutions in Pakistan.
