Technology news and insights in the Middle East, South Asia, and Africa
Technology News and insights in the Middle East, South Asia, and Africa
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 sets new standard with geo-redundancy, ensuring uninterrupted, secure mobile wallet services and strengthening its leadership in financial technology.
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.
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.
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 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.
BENEFIT and Bahrain Clear partner to launch an eIPO service on BenefitPay, streamlining IPO subscriptions for retail investors. Set for Q4 2025, the platform aims to enhance accessibility, security, and transparency, supporting Bahrain’s financial sector development and digital transformation goals.
Benefit and Bahrain Clear partner to launch eIPO service on BenefitPay, enhancing digital access to IPO investments on Bahrain Bourse.
Pakistan forms the Pakistan Digital Assets Authority (PDAA) to regulate crypto exchanges, wallets, DeFi, and token platforms, supporting innovation and investor protection. The move aligns with global standards and aims to formalize a $25 billion informal market while promoting tokenization and digital finance growth.
Abu Dhabi’s IHC, ADQ, and First Abu Dhabi Bank (FAB) have unveiled a Dirham-backed stablecoin, pending regulatory approval by the UAE Central Bank. The stablecoin, running on the ADI blockchain, aims to enhance the UAE’s digital finance sector, offering secure, stable payment solutions for businesses and consumers.