Digital Finance

Libya Reports Record Surge in E-Payments and Digital Transactions Following Central Bank Review

Rafia2 weeks ago2 weeks ago02 mins

The record-breaking transaction volumes underscore a successful push toward financial inclusion and modernized infrastructure in Libya. By diversifying payment methods—moving from traditional cards to mobile applications and instant payment systems—the central authority is effectively reducing the economy’s reliance on physical currency while increasing the efficiency and transparency of the national banking sector.

Azerbaijan and UAE Explore Digital Financial Solutions to Modernise Public Finance

Shahzaib3 months ago3 months ago02 mins

Azerbaijan and the UAE are deepening financial cooperation through knowledge-sharing on digital public finance solutions. During a visit to Dubai, Azerbaijani officials explored UAE best practices in data-driven finance management, electronic tax systems, digital contracting, and treasury platforms to support the modernization of Azerbaijan’s public finance framework.

Azerbaijan, UAE Advance Cooperation on Digital Financial Solutions

Shahzaib3 months ago3 months ago01 mins

Azerbaijan’s Ministry of Finance delegation visited the UAE to advance a financial cooperation agreement and explore the adoption of digital financial solutions. The UAE Ministry of Finance showcased global best practices in data-driven public finance management, digital tax systems, PPP models, treasury and contracting platforms, and electronic financial controls. Azerbaijan aims to apply these tools to modernize its public finance operations.

Rostro Group Enters UAE Market with New SCA Licence

Shahzaib3 months ago3 months ago03 mins

Rostro Group has entered the UAE fintech market after receiving a Category 5 licence from the Securities and Commodities Authority. The approval enables the group to expand its institutional and retail trading services across the GCC through its Scope Prime and Scope Markets brands. Backed by a fast-growing fintech ecosystem and strong regulatory support, Rostro’s move reinforces the UAE’s position as the leading fintech hub in the MENA region.

Bangladesh Sees Rapid Growth in Cashless Payments Fueled by Cards and Digital Platforms

Shahzaib7 months ago7 months ago02 mins

Bangladesh’s cashless payment ecosystem expands rapidly through card usage, apps, and QR payments, driven by infrastructure improvements and growing consumer trust.

stc pay Bahrain Achieves Cross-Country Geo-Redundancy to Boost Service Reliability and Security

Shahzaib7 months ago7 months ago01 mins

stc pay Bahrain sets new standard with geo-redundancy, ensuring uninterrupted, secure mobile wallet services and strengthening its leadership in financial technology.

Egypt’s Fintech Flend Raises $3 Million Seed Round to Boost SME Digital Lending

Shahzaib8 months ago8 months ago02 mins

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.

World Bank Report Highlights Growing Digital Financial Inclusion in Nepal Despite Low Mobile Money Usage

Shahzaib8 months ago8 months ago03 mins

Nepal sees rising digital financial engagement despite low mobile money use, with mobile phones driving formal savings and payments. Gender gaps persist, but digital tools increasingly empower women. The World Bank highlights the role of digital finance in economic inclusion and resilience across developing countries.

MENA Fintech Association Launches Iraqi Chapter to Accelerate Digital Finance Growth

Shahzaib8 months ago8 months ago02 mins

Iraq’s new MFTA chapter aims to accelerate fintech adoption and regulatory progress, supporting the country’s digital economy and financial inclusion goals under visionary leadership.

Airtel Money Tanzania Partners with TCDC to Boost Digital Financial Services for Farmers

Shahzaib8 months ago8 months ago01 mins

Airtel Money Tanzania partners with TCDC to provide mobile payments, affordable smartphones, income credits, and financial education to farmers. The move follows a successful pilot that improved payment transparency and access to financial tools for smallholder farmers.

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Libya Reports Record Surge in E-Payments and Digital Transactions Following Central Bank Review

Azerbaijan and UAE Explore Digital Financial Solutions to Modernise Public Finance

Azerbaijan, UAE Advance Cooperation on Digital Financial Solutions

Rostro Group Enters UAE Market with New SCA Licence

Bangladesh Sees Rapid Growth in Cashless Payments Fueled by Cards and Digital Platforms

stc pay Bahrain Achieves Cross-Country Geo-Redundancy to Boost Service Reliability and Security

Egypt’s Fintech Flend Raises $3 Million Seed Round to Boost SME Digital Lending

World Bank Report Highlights Growing Digital Financial Inclusion in Nepal Despite Low Mobile Money Usage

MENA Fintech Association Launches Iraqi Chapter to Accelerate Digital Finance Growth

Airtel Money Tanzania Partners with TCDC to Boost Digital Financial Services for Farmers