Tag: UAE

Saudi FinTech erad secures $33m debt funding

Erad, the Riyadh-based FinTech specialising in alternative financing for small and medium-sized enterprises, has closed a fresh debt financing round to strengthen its regional...

Life by Kidbrooke transforms employee benefits platform

Kidbrooke has introduced a new employee benefits platform, Life, designed to transform the management of End of Service Benefits (EOSB) in the UAE and the wider Gulf region.

UAE PropTech PRYPCO raises Pre-Series A from General Catalyst

PRYPCO, a UAE-born PropTech firm, has raised funding in a Pre-Series A round led by General Catalyst, marking a significant milestone in its growth.

Meeting AML standards in the UAE’s 2025 framework

Anti-money laundering (AML) compliance across the Middle East and North Africa (MENA) has been undergoing rapid change. According to Workfusion, stronger rules, heightened oversight and...

Amwal Capital backs Maalexi with $20m facility

Maalexi, a next-generation B2B food and agri FinTech platform, has secured a shariah-compliant credit facility worth up to $20m from Amwal Capital Partners (ACP),...

UAE-based Holo bags $22m to scale home-buying platform

Holo, a FinTech platform reshaping the home-buying experience in the UAE and KSA, has closed a $22m Series A funding round.

FATF delists UAE: What firms must do next

The UAE’s removal from the FATF grey list represents a major turning point for regulated entities across the region. From Abu Dhabi to Dubai, and across zones like DIFC and ADGM, the move signals international recognition of the country's progress in strengthening its anti-money laundering and counter-terrorist financing (AML/CFT) frameworks. Yet, while the delisting is a milestone, it is far from the finish line.

Yasmina raises $2m to scale API-driven insurance

Saudi Arabia-based Yasmina Embedded Insurance has raised $2m in seed funding to accelerate the growth of its API-powered InsurTech platform.

dLocal expands global reach with key licences

dLocal has announced the acquisition of key regulatory approvals in three significant emerging markets—United Arab Emirates (UAE), Turkey, and the Philippines—marking a major step forward in its global expansion and regulatory positioning.

Regulatory change drives AI adoption in MENA banking

The Middle East and North Africa’s banking sector is experiencing a major shift as regulatory demands intensify and digital transformation accelerates. Financial institutions are...

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