Tag: UAE

UAE-based Encore Pay has closed its seed round on $1.5m, as it plans to expand across the MEA region.

UAE-based FinTech platform QFIL Solutions has raised a $1m pre-seed investment, ahead of its launch.

Dubai-based buy now, pay later platform tabby has secured $50m in its debt financing round from Partners for Growth.

Hubpay, a digital money wallet, has scored $20m in its Series A funding round, which was led by Signal Peak Ventures.

UAE-based FinTech startup Verity has received $800,000 in its pre-seed round, as it prepares for the launch of its family banking and financial literacy app specifically designed for the Middle East.

UAE-based open innovation platform Fintech Galaxy has collected $2m in its seed round to support its goal of boosting financial inclusion in the Middle East and North Africa.

The Abu Dhabi Islamic Bank (ADIB) has introduced Amwali, a new digital banking proposition that will target youths between the ages of 8 to 18.

United Arab Emirates-based investment and personal finance company Sarwa has snared $15m from a Series B funding round.

Two fifths of consumers in the UAE have experienced an online fraud attempt, of which, half would contact law enforcements if it is successful.

Dubai-based payments gateway company Telr introduced a buy now, pay later (BNPL) solution after entering a partnership with compatriot BNPL firm tabby.