Tag: UAE

Mamo Pay, which simplifies the process of sending and receiving payments, has reportedly collected $8m in its pre-Series A funding round.

NOW Money, which claims to be the first digital bank for low-income migrant workers in the Gulf Cooperation Council, has netted $7m in funding.

UAE-based claim management platform Klaim has reportedly raised a $1m seed investment to help it grow its presence in the market.

Dubai-based InsurTech platform Felix has reportedly collected $800,000 in its seed funding round, which was led by the Oman Technology Fund.

UAE-based Tabby, a buy now pay later service provider, has reportedly raised $7m in its seed funding round.

Dubai-based Jingle Pay is a new challenger bank that has announced plans to change the banking world for millennials in the Middle East.

UAE-based P2P payments app Ziina has reportedly closed a pre-seed funding round on $850,000.

Global payments and e-commerce services provider PingPong Payments aims to create more access to Middle Eastern markets through its new payments processing and currency exchange service for the UAE currency, the Arab Emirates dollar (AED).

Hubpay, a digital wallet platform for the Middle East market, has closed its seed funding round on an undisclosed amount.

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