Technology news and insights in the Middle East, South Asia, and Africa
Technology News and insights in the Middle East, South Asia, and Africa
FRiENDi Mobile has launched FRiENDi Pay, a mobile wallet service in Oman, enabling local and international money transfers, bill payments, and wallet top-ups. The service also supports remittances to countries like India, Pakistan, and the Philippines. It is fully compliant with Oman’s financial regulations and offers encrypted transactions.
ORA Technologies has raised $1.9 million in pre-Series A funding, increasing its total capital to $4.4 million. The investment will fuel the growth of ORA Cash, Morocco’s first social mobile wallet, and KooulMaroc, a food delivery service. This marks a key step in advancing Morocco’s digital and financial services.
PLDT Global has partnered with stc Pay Bahrain to offer enhanced digital financial services to Filipinos in Bahrain. The collaboration integrates PLDT Global’s digital vouchers, bill payments, and mobile top-up services into stc Pay Bahrain’s app, expanding the range of services available to the Filipino community.
Thunes has expanded its Direct Global Network into Egypt, enhancing its cross-border payment services with mobile wallet and bank account capabilities. This move capitalizes on Egypt’s rapidly growing mobile wallet adoption, projected to reach $3.8 billion by 2028, and aims to support remittance services effectively.
Tabby, a leading buy now, pay later platform, has acquired Saudi-based mobile wallet Tweeq.