Mamo: Receives regulatory approval in DIFC

Mamo: Receives regulatory approval in DIFC

  • Mamo, a homegrown UAE-based FinTech and financial services platform for SMEs
  • Granted regulatory approval to operate from Dubai International Financial Centre (DIFC)
  • The license has been granted by the Dubai Financial Services Authority (DFSA)
  • The license allows it to further expand its products and services without user restrictions
  • As the global future of finance and innovation hub, DIFC offers one of the region’s most comprehensive FinTech
  • The Centre continues to attract companies to establish operations in Dubai by providing the ideal environment
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

Nordea Cuts 1,500 Jobs as AI Drives Cost Savings

Banking giant Nordea announces significant layoffs amid AI transformation.Highlights: Nordea to eliminate 1,500 positions due to AI advancements.Cost-saving...

Visa Strengthens AI Payments Trials with Multiple Banks in the UK and Europe

Visa collaborates with numerous banks to innovate AI-driven payment solutions.Highlights: Visa partners with several banks in the UK...

Upvest Secures $125 Million Financing Round, Boosting Growth Potential

The fintech firm expands its capital to enhance its offering in the investment sector.Highlights: Upvest has raised $125...

Swedish Central Bank Tightens Actions on Banks Over Instant Payments

The central bank of Sweden warns banks on instant payment compliance.Highlights: Swedish Central Bank warns banks about compliance...