Tag: Abu Dhabi

Dosh Payments acquires technology license from ADGM

Dosh Payments, a pioneering neobank, has acquired a technology license from the prominent international financial hub, Abu Dhabi Global Market (ADGM).

Cyber risk pioneer Cypherleak secures $750,000 in seed funding

Cypherleak, a trailblazing cyber risk monitoring and scoring startup, has garnered an impressive $750,000 seed round. The financial backing came from prominent investors based...

Israeli FinTech funding on track to half in 2023 as average...

Key Israeli FinTech investment stats in H1 2023: • Israeli FinTech companies raised a combined investment of $617m during the first six months of 2023,...

MENA-based investor Flat6Labs signs MoU with Wio Bank

Flat6Labs, a seed and early-stage venture capital firm, has signed a Memorandum of Understanding (MoU) with Wio Bank, the MENA region’s first platform bank.

Pyypl closes Series B to support financially underserved in MEA

Pyypl, which aims to support the financially underserved in the Middle East and Africa (MEA), has raised $20m for its Series B.

eToro gets approval to operate as broker in Abu Dhabi

Social investing network eToro has received an ‘In-Principle Approval’ to operate as a securities, derivatives and crypto broker in Abu Dhabi.

Abu Dhabi develops crypto-focused committee

Abu Dhabi has created a government body to develop its strategy for the regulation and promotion of virtual assets.

Teen-focused banking app Zywa scores $3m

Teen-focused banking app Zywa, which is aimed at Gen Z in the Middle East and North Africa, has scored $3m in its seed funding round.

NymCard secures $7.6m in Series A round

Banking as a service startup NymCard Banking has bagged $7.6m in a Series A funding round.

Abu Dhabi launches three RegTech pilots

The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) has launched three RegTech pilots, in a bid to bolster compliance and risk management outcomes.

Download the free AIFinTech100 report


Download the AIFinTech100 report for 2023 with details on each solution

120,000+ FinTech leaders get exclusive industry stories delivered every week