Tag: UAE

Mastercard and Fundbot partner to streamline B2B payments in the UAE...

Mastercard, a global payment solutions leader, and Fundbot, a UAE-based FinTech specialising in supply chain financing, have partnered to accelerate B2B payment flows across various industries.

ACI Worldwide forecasts large $7.6bn rise in APP scam losses by...

ACI Worldwide has published its 2024 Scamscope report in collaboration with GlobalData, a foremost data and analytics firm. The report predicts a significant rise...

UAE’s Pemo secures $7m to innovate spend management in GCC

Pemo, a leading Dubai-based spend management platform, recently announced securing $7m in Pre-Series A funding.

Essential steps for verifying your UAE business in 2024

The KYB framework is vital for verifying the legitimacy and integrity of a business entity, ensuring that it adheres to legal and regulatory standards....

FlapKap raises $34m in pre-Series A funding to transform SME financing...

FlapKap, the Abu Dhabi-based FinTech leader, announced today it has secured $34m in combined debt and equity during its latest pre-Series A funding round.

UAE-based FinTech Yuze secures $30m investment to boost SME support

Yuze, a UAE-based FinTech focused on SMEs has successfully raised $30m in a funding round led by Osten Investments.

Telr partners with Mastercard to enhance e-commerce payments in UAE

 Telr, an online payment gateway, has announced a strategic partnership with Mastercard.

Aleta Planet secures strategic investment to boost Middle East operations

Aleta Planet, a Singapore-based payments solutions provider, announced on Thursday a new investment from the United Arab Emirates' strategic management company National Pulse.

UAE FinTech firm Mamo secures $3.4m in latest funding round

Mamo, a UAE-based FinTech startup, has successfully completed a new funding round, raising $3.4m.

UAE’s digital leap: How regulatory sandboxes fuel AML compliance

The United Arab Emirates (UAE) is experiencing a notable economic surge, becoming a magnet for foreign investments and job opportunities. This economic growth is coupled with ambitious plans under the UAE Digital Economy Strategy launched in April 2022, aiming to increase the nation's GDP contribution from digital services from 9.7% in 2022 to 19.4% over the next decade. The strategy positions the UAE as a pivotal digital economy hub both regionally and globally.

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