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MEA Finance

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FinTech startup Lean Technologies raises a $3.5 million seed round

Lean Technologies, a Riyadh-based financial technology platform, announced that it closed a $3.5 Million seed round from leading venture capital funds and sophisticated angel...

Islamic Finance Council UK (UKIFC) organized the inaugural Islamic Finance and the UN Sustainable Development Goals (SDGs) Taskforce meeting together with over 40 global...

The pioneering meeting, convened by the Islamic Finance Council UK (UKIFC) in partnership with the UK Government, explored the role Islamic finance can play...

STC Pay enters into a strategic partnership with Visa to launch customer-centric digital payment solutions

stc pay, digital wallet and subsidiary of stc Telecom Company and Visa entered into an exclusive strategic partnership to launch customer-centric financial services and...

Islamic Development Bank Group to respond to COVID-19 with USD 2.3 Billion package and to launch initiatives

A crowd of over 700+ engaged participants comprising of exceptional entities, seasonal practitioners, Government officials, individual investors, business associations, entrepreneurs, Multilateral and financial institutions,...

Fintech Galaxy launches open innovation platform FinX22, fostering financial inclusion and facilitating collaboration in the ecosystem

Fintech Galaxy, the UAE-based cross-border fintech marketplace and innovation crowdsourcing platform, announced today that it has launched FinX22, its cloud-based open Innovation platform that...

Network International provides an update for first half of 2020 trading performance

Network International Holdings plc provides an update on trading performance in the first half of the financial year and outlook for the remainder of...

Abu Dhabi Islamic Bank raises foreign ownership to 40%

Abu Dhabi Islamic Bank (ADIB) announced raising the percentage of foreign ownership to 40%, from 25%, of its issued capital effective from today. The...

Path Solutions top IBS Islamic Sales League Table 2020

 Path Solutions was announced by IBS Intelligence as the leader in the Islamic financial services sector in IBS Islamic Sales League Table (SLT) 2020.  For...

Midchains, Abu Dhabi based virtual asset trading platform closes latest funding round

MidChains today announced that it has closed its latest funding round with investments from Mubadala Capital, the asset management arm of Mubadala Investment Company;...

Daman Investments leads the successful capital raising for Spotii

Daman Investments leads the successful fundraising for Spotii, an innovative digital payments platform focused on fashion, beauty and lifestyle brands across the GCC e-commerce...

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