Network International and the American University of Sharjah (AUS) have partnered to explore knowledge and career-building avenues in fintech for students studying at the university. The collaboration aims to hone digital and leadership capabilities among the youth and help them discover meaningful careers in the fintech space, while also supporting Network International’s quest to attract […]
UAE Fintech baraka Raises $20 Million in Series A Funding Led by Peter Thiel’s Valar Ventures
baraka has announced it has closed a $20 million Series A round, led by Valar Ventures. baraka marks the first regional investment for Valar, a venture capital firm backed by globally renowned entrepreneur, Peter Thiel. Closing out the round was global investment firm Knollwood. Launched in 2021, baraka is empowering investors across the region with access […]
Leap Launches Fintech App in the UAE
A new fintech startup, Leap, has launched in the UAE to teach kids and teens how to make better money choices. The Dubai-based startup is on a mission to boost youth financial literacy and money management skills, targeting the unbanked population of under-18s. The app is currently available for kids between the ages of 6 […]
Startupbootcamp FinTech Dubai Second Cohort Raises $2.8 Million
Startupbootcamp FinTech Dubai’s second cohort has completed its accelerator program featuring 10 start-ups from the UAE, Singapore, USA, India, Finland, Egypt, Uzbekistan, South Africa, Kazakhstan, and Lebanon – double the number of countries represented from the first cohort, reflecting its global appeal. The program has proven to be outstanding for partner engagement, generating the highest […]
Fintech Startup Privatam Unveils PARity 4.0
After Privatam’s digital investment platform PARity transformed the company into one of the leading intermediaries of alternative investments in Europe and Latin America, the Monaco-based fintech came to Dubai this week as part of a world tour to showcase the technology that has quickly earned a reputation as the Netflix and Expedia of niche investments. […]
DIFC’s FinTech Hive Reveals Program for FinTech Startups
DIFC’s FinTech Hive revealed the launch of a new funding accelerator program for FinTech startups in the MEASA region. FinTech Hive Scale Up program benefits scaleups by helping them grow through strategic partnerships and receiving investment resources through the DIFC FinTech Hive ecosystem. Through a series of collaborations with multiple partners, the program provides start-ups […]
DIFC Registers Over 100 FinTech Firms Marking Landmark Growth
Dubai International Financial Centre (DIFC) has marked a significant milestone having registered more than 100 FinTech firms in the Centre. The figures reflect a three-fold growth in registered FinTech firms since the end of 2018, intimating a sharp rise in 2019 as leading international and regional FinTech firms to choose the DIFC as their preferred […]
Hub71 Welcomes Seven New Startups From Six Sectors
Hub71 has announced today that seven new startups will bring a significant part of their operations and presence to the Abu-Dhabi based tech hub.
Dubai Chamber-Led Working Group Produces Innovative Startup Banking Solutions
New banking and licensing solutions tailored to the needs of startups, an uptick in the number of fintech startups specialising in SME banking and increased cooperation between UAE banks and the country’s startup ecosystem are among the key achievements outlined by the Dubai Chamber-led working group on SME banking. The working group, in cooperation with […]
Fintech Startups in the GCC to Receive $2 Billion in Private Funding
Investments in Gulf-based fintech startups are expected to reach $2 billion in the next decade, compared to a mere $150 million invested in the last 10 years, according to a new study by MENA Research Partners (MRP), a leading research company in the region.