Teammates.ai Wins Mastercard and FAB AI Startup Challenge, Secures $150K and Global Fintech Growth Opportunities

Teammates.ai won the Mastercard and FAB AI Startup Challenge, securing $150K and access to global fintech growth opportunities. The competition, focused on AI-driven solutions, aimed to enhance innovation in sectors like cybersecurity and fintech. Teammates.ai’s win also provides entry to Mastercard’s Start Path program for global scaling.

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bKash and Huawei Win GSMA GLOMO “Best FinTech Innovation” Award for Digital Loan Service

bKash and Huawei received the GSMA GLOMO “Best FinTech Innovation” award at MWC Barcelona 2025 for their ‘Pay Later’ service. This solution provides microloans to Bangladesh’s unbanked, supporting financial inclusion, entrepreneurship, and reducing poverty. The partnership leverages Huawei’s mobile money platform to expand digital financial services in Bangladesh.

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ADIB Launches UAE’s First Personal Finance Management Tool in Partnership with Lune

ADIB, in collaboration with Emirati fintech company Lune, has launched the region’s first personal finance management tool, the ADIB Money Management Tracker. This tool offers users insights into their financial activities by tracking income and expenses, empowering them to make informed decisions and plan for short-term and long-term goals.

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Paymob Integrates Apple Pay in Egypt, Advancing the Nation’s Digital Payments Ecosystem

Paymob has integrated Apple Pay for Egyptian merchants, marking a milestone in Egypt’s digital payments transformation. The partnership enhances consumer convenience and security, enabling contactless payments via Apple devices. This integration aligns with Egypt’s Vision 2030, promoting financial inclusion and boosting the digital economy as the nation embraces fintech innovation.

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EdfaPay Secures $5M in Pre-Series A Funding to Expand Digital Payments Solutions Across MENA

EdfaPay, a Riyadh-based fintech platform, has successfully closed a $5 million pre-Series A funding round. The investment will support its expansion across the MENA region and Pakistan, enhancing its digital payment solutions for SMEs. The platform’s SoftPOS technology and payment gateway services continue to attract regional and global partners.

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Ooredoo Fintech and PayPal Forge Strategic Partnership to Enhance Global Commerce for Qatar Users

Ooredoo Fintech and PayPal have partnered to enable seamless transfers between Ooredoo Money wallets and PayPal accounts in Qatar. This collaboration enhances access to global markets for consumers and small businesses, offering new opportunities for cross-border commerce and digital payments, with plans for expansion across the Gulf and MENA regions.

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