Tag: Abu Dhabi

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

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

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

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.

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

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.

US-based DriveWealth will give access to its digital trading technology to UAE-based WealthTech company Wealthface.

Abu Dhabi Global Market (ADGM) has released amendments to the regulations and rules around the authorisation and supervision of virtual assets.

Abu Dhabi-based ADFG has made a significant investment in to major FinTech investor 500 Startups.