Technology news and insights in the Middle East, South Asia, and Africa
Technology News and insights in the Middle East, South Asia, and Africa
Oman’s central bank has introduced formal regulations for Buy Now, Pay Later services, strengthening oversight of the growing instalment-based financing market while supporting responsible fintech innovation.
WafR has raised an oversubscribed $4 million seed round to expand its retail-based fintech network across Morocco. The company plans to grow to 100,000 merchants and introduce micro-insurance and credit scoring services, supporting the country’s transition from cash to mobile-first financial services.
Orange Jordan has launched “Tahweesheh,” a no-interest, fee-free savings sub-account on Orange Money, enabling users to set and track multiple financial goals. The initiative supports financial inclusion and promotes sustainable saving habits in line with Jordan’s national strategy.
The Pakistan FinTech Summit marks the first global expansion of DIFC’s platform, strengthening UAE-Pakistan fintech ties. With rising funding and 450 fintech firms active, Pakistan is advancing regulatory reforms and digital infrastructure while addressing cash reliance and financial inclusion gaps.
stc pay Bahrain has launched a Ramadan campaign titled “30 days, 30 gifts” to celebrate its third anniversary. The initiative offers daily rewards, raffle draws, cars, travel tickets and exclusive dining deals, reinforcing the company’s focus on customer engagement and digital wallet innovation.
Orange Jordan has launched “Tahweesheh,” a fee-free savings sub-account within Orange Money, enabling customers to set and manage multiple financial goals digitally. The initiative supports financial inclusion and sustainable saving habits across Jordan.
Visa has created a new Egypt-Libya-Sudan sub-region to accelerate digital payments and financial inclusion, appointing Malak El Baba as country manager. The move strengthens regional integration, deepens partnerships, and supports government-led digital transformation across North Africa.
Google Pay is now available for Mastercard cardholders in Saudi Arabia, expanding contactless mobile payment options and supporting the Kingdom’s Vision 2030 push toward a cashless digital economy.
Mashreq has launched Visa Commercial Pay on Mobile in the UAE, enabling businesses to issue virtual cards and manage payments through a mobile platform. The solution supports real-time transactions, enhanced spend control, and digital payment transformation for corporate and SME customers.
Saudi fintech CASHIN has raised USD 16 million in Series A funding to digitise financial and operational management for fuel stations. The AI-driven platform aims to improve efficiency, governance, and supply safety while supporting the digital transformation of Saudi Arabia’s energy and infrastructure ecosystem.