Technology news and insights in the Middle East, South Asia, and Africa
Technology News and insights in the Middle East, South Asia, and Africa
Omani startup Raaz is building a mobile app that helps families understand spending, set goals, and gain financial confidence. Founded after a personal budgeting struggle, the platform uses analytics and machine learning to turn everyday transactions into actionable insights, with a full public launch planned soon.
ONE App by Al Salam Bank launches a digital personal finance service for Bahraini employees, offering loans up to BD40,000 with repayment terms up to seven years and APR starting at 4.99%. The service enhances accessibility and convenience in personal financing through a fully digital application process.
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.