Technology news and insights in the Middle East, South Asia, and Africa
Technology News and insights in the Middle East, South Asia, and Africa
Network International has partnered with Tabby to offer UAE eCommerce merchants BNPL options, allowing consumers to split purchases into four interest-free payments. This collaboration aims to enhance online shopping experiences and expand digital payment methods in the region.
SETTLE, an Egypt-based B2B payment platform, raised $2 million in pre-seed funding to expand globally and enhance its financial operations platform. The funding will support SETTLE’s aim to provide businesses with tools for real-time financial decision-making and streamline B2B payment processes.
tpay, a leading payment gateway in META, has launched a significant rebranding to highlight its decade-long growth and dominance in mobile payments. This strategic repositioning emphasizes tpay’s commitment to simplifying digital transactions and enhancing economic growth through secure and innovative payment solutions.
Mastercard is advancing a digital payment initiative in Bangladesh, highlighted by their “Stunning Sydney 2024” campaign, aimed at reducing cash transactions. The campaign, encouraging digital payments during Eid-ul-Adha, aligns with Bangladesh’s goal to transition towards a cashless society.
Nepal’s digital payment landscape has grown significantly, with a notable decline in cheque usage and a surge in mobile and QR code transactions. This growth is fueled by cost savings and government incentives like VAT refunds on digital transactions at hospitality venues.
SETTLE, an Egypt-based B2B payment platform, has raised $2 million in pre-seed funding to enhance digital financial operations. With this investment, SETTLE aims to revolutionize B2B payments by enabling real-time financial management and streamlining business processes.
Jordan’s digital payments have skyrocketed to 19.2 billion dinars in just eight months, a 54% increase from last year, driven by popular platforms like “Click,” “Jumobi,” and “eFAWATEERcom.” This surge reflects a significant shift towards digital financial solutions in the country.
SETTLE, an Egypt-based B2B payment platform, has raised $2 million in pre-seed funding to enhance business financial operations. The investment aims to expand SETTLE’s global footprint and integrate real-time financial data tools, revolutionizing how businesses manage payments and treasuries.
stc pay has introduced the Corporate Prepaid Card in Bahrain, designed to offer businesses enhanced financial control and efficiency. This new solution includes features like attractive cashback on transactions, advanced security, and global acceptance, further establishing stc pay as a leader in the fintech sector.
CBI Governor Ali Al-Alaq announced that Iraq is set to surpass its neighbors in digital banking. With applications from over 70 banks for digital operations, Iraq embraces AI and big data to enhance financial services, expecting transaction volumes to reach $7 trillion by 2027.