Technology news and insights in the Middle East, South Asia, and Africa
Technology News and insights in the Middle East, South Asia, and Africa
MyMonty teams up with Mastercard to boost digital payment solutions in Lebanon, enhancing transaction security and convenience while supporting the nation’s transition to a cashless digital economy.
PALM secures seven-figure pre-seed funding to scale its goal-based saving platform in Egypt. By blending investment with behavioural incentives, PALM aims to modernize saving habits and boost financial inclusion in line with national development goals.
EazyPay joins forces with Tamara to provide local payment gateway services, enhancing BNPL transaction processing and supporting digital commerce growth in the GCC. The partnership reflects a shared commitment to fintech innovation and financial inclusion in Bahrain and beyond.
Quid Miner’s mobile app removes technical barriers, enabling users to earn cryptocurrency conveniently through cloud mining with just a smartphone.
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.
Benefit fintech roadmap focuses on AI partnerships, SME payment solutions, and cross-border interoperability to accelerate Bahrain’s digital financial ecosystem.
BENEFIT revealed its 2025-2026 strategy focusing on SME payment solutions, cross-border interoperability, AI partnerships, and global expansion to strengthen Bahrain’s digital finance ecosystem.
Beyon Money Business partnered with EazyPay to launch a co-branded POS integrating Flexi Wallet, enabling fast, secure payments, real-time analytics, faster settlements, and earnings growth, strengthening Bahrain’s digital payments ecosystem.
UAE-based VC fund EQIQ has invested $3 million in InstaBank, a new AI-powered digital bank in Iraq, as part of a $15 million funding round. Led by finance veteran Hussain Qaragholi, InstaBank aims to transform Iraq’s financial sector with scalable, inclusive fintech services and serve as a core pillar of EQIQ’s regional digital ecosystem strategy.
PetroApp’s $50 million funding round led by Jadwa Investment supports its IPO plans and regional growth across four countries. The platform leverages Saudi Arabia’s digital transformation and rising demand for efficient, integrated fleet management, marking a significant evolution in Middle East payment ecosystems.