Tag: Middle East
Paymob secures $22m Series B extension to continue GCC roll-out
Paymob, an Egypt-based B2B merchant financial services platform, raised $22 million in a Series B extension led by...
Chaos Labs lands $55 million Series A led by Haun Ventures
Funding Secured: Chaos Labs, a blockchain risk management platform, has raised $55 million in a Series A funding...
Pagaya set to acquire Silicon Valley’s Theorem Technology for an undisclosed sum
Here are the key points regarding Pagaya Technologies' acquisition of Theorem Technology:Acquisition Overview:US-Israeli fintech Pagaya Technologies has...
Kuwait’s Boubyan Bank taps Temenos to modernise its core banking systems
Partnership Announcement: Kuwait-based Boubyan Bank has selected Swiss banking technology vendor Temenos to modernize its core banking systems.
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Bux sells UK subsidiary Bux Financial Services Limited to UAE’s Asseta Holding
Summary of Bux Holding's Sale of Bux Financial Services Limited (BFS)Entities Involved:Seller: Bux Holding (Netherlands-based).
Buyer: Asseta...
Jordan Kuwait Bank partners Mastercard and FOO to launch multicurrency prepaid wallet offering
Summary of Jordan Kuwait Bank's Launch of eliWalletEntities Involved:Jordan Kuwait Bank (JKB)
Mastercard
FOO (UAE-based fintech)Product...
Daiwa Capital Markets Europe selects Delta Capita for CLM solution
Daiwa Capital Markets Europe (DCME) Partners with Delta Capita for Client Lifecycle Management: Key PointsPartnership Announcement:DCME has...
UAE’s Mashreq Bank appoints Tushar Vikram as new India head
Mashreq Bank Appoints Tushar Vikram as CEO of Mashreq India: Key PointsNew Appointment:Tushar Vikram, former Citibank India...
Real estate investment management start-up Agora lands $34m Series B
Funding Details:Amount Raised: $34 million.
Series: B.
Lead Investor: Qumra Capital (Tel Aviv).
Additional Investors: Insight Partners and...
Emirates NBD taps Pine Labs to enhance merchant acquiring services
Partnership Overview:Emirates NBD, a UAE-based banking group, partners with Pine Labs, an Indian merchant commerce fintech, to...
Egypt’s Alexbank partners Mastercard to advance payments strategy
Mastercard and Alexbank Partnership:Collaboration Overview:Egypt-based Alexbank has partnered with global payments giant Mastercard to enhance its payment...
Abu Dhabi Islamic Bank digitises cross-border services with ProgressSoft
Abu Dhabi Islamic Bank (ADIB) has partnered with Jordan-based financial solutions provider ProgressSoft to implement the PS-PayHub platform...