Egypt’s Fintech Flend Raises $3 Million Seed Round to Boost SME Digital Lending
Flend closes $3 million seed round to expand digital SME lending in Egypt, aiming to close the $50 billion financing gap with embedded finance across key sectors.
Fintech
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Morocco’s Central Bank Explores Digital Currency for Domestic and Cross-Border Payments
Morocco is advancing CBDC exploration to enhance payment systems domestically and across borders, amid ongoing cryptocurrency restrictions. Collaboration with global institutions supports regulatory and technical evaluation.
Mastercard and Dinarak Partner to Promote Digital Payments and Financial Inclusion in Jordan
Mastercard and Dinarak collaborate to boost digital payments in Jordan through prepaid card solutions, aiming to improve financial access for unbanked populations and address the gender gap in financial inclusion.
stc Bahrain and Singapore Gulf Bank Bahrain Forge Strategic Partnership to Accelerate Digital Transformation
This partnership advances Bahrain’s digital banking capabilities, aligning with national economic goals by integrating innovative IT solutions to enhance resilience and customer service.
EazyPay and Tamara Partner to Enhance Buy Now, Pay Later Ecosystem Across the Gulf
EazyPay and Tamara have joined forces to offer seamless Buy Now, Pay Later payment solutions in Bahrain and the Gulf. The partnership leverages EazyPay’s local acquiring and payment gateway infrastructure to support Tamara’s expanding merchant network, enhancing payment security, speed, and flexibility across the region.
MyMonty Partners with Mastercard to Accelerate Digital Payment Adoption in Lebanon
MyMonty and Mastercard collaborate to expand digital payment adoption in Lebanon, enhancing security and convenience for users while supporting the country’s transition to a cashless digital economy.
Network International Partners with Blu Penguin to Enable Mobile Money Payments on N-Genius Terminals in Ghana
Network International and Blu Penguin partner to integrate mobile money payments on N-Genius terminals in Ghana, enhancing financial inclusion and offering unified, seamless payment solutions for merchants and consumers. This initiative supports the expansion of digital payments across Sub-Saharan Africa.
EazyPay and Tamara Forge Strategic Partnership to Advance BNPL Payments in the GCC
EazyPay partners with Tamara to provide local acquiring and payment gateway services for BNPL in the GCC, strengthening digital commerce and financial inclusion across the region.
MENA Fintech Association Launches Iraq Chapter to Drive Digital Financial Transformation
MFTA launches its Iraq chapter to advance fintech innovation and regulatory progress amid rapid digital transformation. Led by fintech pioneer Bahaa Abdul Hadi, the chapter will drive collaboration, inclusion, and integrate Iraq into the MENA fintech ecosystem.
Flutterwave Launches Send App in Egypt to Simplify Cross-Border Remittances
Flutterwave’s Send App launch in Egypt enhances cross-border remittances with secure, fast, and accessible transfers, empowering the Egyptian diaspora to support families and communities while advancing Africa’s fintech ecosystem.