Connectly raises $20 million in Series B funding, driven by its innovative AI technology that enhances personalized customer interactions, promising a more engaging retail experience.
Paymob is revolutionizing digital payments across the MENA region, expanding its services and merchant base while embracing technological innovations to enhance financial inclusivity and operational efficiency.
PTCL partners with Mastercard to launch a versatile UPaisa debit card, enhancing digital payments across Pakistan and globally, with improved security and convenience.
Fawry expands its digital payment services by acquiring a majority stake in Svreico’s administrative building, enhancing facilities and infrastructure to support its growth.
Arab Financial Services and Lune Technologies partner to enhance financial data services, offering advanced analytics and data enrichment to improve decision-making and user experiences in the financial sector.
Contact Pay has partnered with Basata Pay to strengthen Egypt’s digital payment infrastructure. This collaboration will expand the reach of inclusive financial services across the country, offering innovative digital payment solutions and supporting Egypt’s digital transformation.
Saudi Arabia is advancing its Vision 2030 goal to become a global FinTech hub. With robust investments in digital payments, alternative financing, and regulatory frameworks, the Kingdom is witnessing rapid growth in FinTech startups, driving innovation and financial inclusion across various sectors.
Network International and ruya have partnered to revolutionize digital Islamic banking in the UAE. This collaboration will integrate advanced payment technology with Shariah-compliant services, enhancing the customer experience with faster transactions, security, and convenience in digital banking.
Barq, a Saudi fintech leader, has partnered with Mastercard to enhance payment solutions in the Kingdom. Leveraging Mastercard Gateway, the collaboration aims to provide businesses and consumers with secure, efficient, and innovative payment systems, boosting fraud prevention and processing efficiency for Barq’s customers.
BankDhofar partners with Entrust to implement Digital Card Solution (DCS), enabling Tap to Pay and tokenization services through its Dhofar-Pay app. This makes BankDhofar one of the first in Oman to launch such services, with plans to expand into digital wallets like Apple Pay and Samsung Pay soon.
