A vibrant and modern illustration representing digital innovation in fintech. The image features abstract elements like interconnected digital network

DIGI Nepal Fintech Challenge Launched to Boost Digital Innovation in Nepal’s Fintech Sector

The DIGI Nepal Fintech Challenge, launched by the Swiss Agency for Development and Cooperation (SDC) and True North Associates (TNA), aims to promote digital innovation in Nepal’s fintech sector. The challenge offers an accelerator program with technical assistance, mentorship, and potential co-funding grants for selected participants to pilot their innovations.

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A dynamic scene representing the collaboration between Huawei Cloud and Fintech Saudi at the Huawei Cloud Fintech Day Saudi Arabia 2024. The image fea

Huawei Cloud and Fintech Saudi Collaborate to Drive Digital Transformation in Saudi Arabia’s Fintech Sector

Huawei Cloud, in collaboration with Fintech Saudi, hosted the Huawei Cloud Fintech Day Saudi Arabia 2024, highlighting innovative cloud solutions for the Kingdom’s fintech industry. The event introduced the Fintech Pioneer Program, offering exclusive support to fintech companies, and emphasized the partnership’s role in driving digital transformation and fostering a robust fintech ecosystem in Saudi Arabia.

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A dynamic scene representing the growth and success of Egyptian fintech Lucky ONE. The image features elements of digital finance, investment growth,

Lucky ONE Secures $3 Million in Funding to Drive Growth and Profitability by 2025

Egyptian fintech Lucky ONE has raised $3 million in a convertible note, aiming for profitability by Q1 2025. The funds will expand its credit lending services, aligning with Egypt’s financial inclusion goals. Co-founders Momtaz Moussa and Ayman Essawy emphasize sustainable growth, with plans for regional expansion and a comprehensive financial services offering.

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A futuristic scene showcasing the partnership between Zeebu and SilentSwap, featuring elements of blockchain, privacy, and security. The image included

Zeebu Partners with SilentSwap to Enhance Privacy and Security in Telecom Transactions

Zeebu, a Web3 payments platform for telecom, partners with SilentSwap, a privacy-focused cross-chain aggregator, to enhance transaction privacy and security. This collaboration integrates SilentSwap’s technology into Zeebu’s blockchain solutions, setting new standards in telecom settlements and DeFi. The partnership aims to offer a secure, decentralized application for global transactions.

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Qardy Secures Significant Investment to Expand Digital Lending Marketplace

Egyptian fintech Qardy raised a seven-figure pre-seed round from White Field Ventures, Vastly Valuable Ventures, and angel investors. Founded in 2022, Qardy connects MSMEs with financial institutions. The investment will enhance Qardy’s platform, expand services in the MENA region, and accelerate growth in KSA, emphasizing transparency and customer satisfaction.

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