PayTabs Group Partners with NuMetric to Enhance Online Invoice Collection and Automation PayTabs Group, MEASA’s award-winning payment solutions powerhouse, today announced a strategic partnership with NuMetric, a leading financial management and accounting solution provider. This collaboration aims to elevate the online invoice collection and automation experience for users, ensuring seamless service integration and enhanced platform […]
Sorbet Gets Funding from Antler to Revolutionize the Freelance Ecosystem in MENA Region
Antler is thrilled to announce the addition of Sorbet to its esteemed portfolio! Sorbet is transforming the freelance landscape by integrating innovative workflow solutions with a cutting-edge Web3-enabled payment platform, facilitating seamless cross-border collaboration for freelancers worldwide. 🌶 Why Sorbet Matters The freelance market is rife with challenges: 🌟 Sorbet’s Game-Changing Solutions Sorbet addresses these […]
Riyad Bank Honored with “Best SME Bank” and “Best Bank for Diversity & Inclusion” in Saudi Arabia for 2024 by Euromoney
Riyadh, Saudi Arabia – May 28, 2024 – Riyad Bank has achieved significant recognition by Euromoney, a prominent global finance and business publication, securing two prestigious awards: “Best SME Bank” and “Best Bank for Diversity and Inclusion” in Saudi Arabia for 2024. The “Best SME Bank” award highlights Riyad Bank’s outstanding support and services tailored […]
Saudi Fintech Hala Raises Fresh Funds from Private Equity giant TPG
Riyadh-headquartered fintech startup Hala has secured significant contemporary funding from leading global private equity firm TPG, according to a report by The Data last week. While the startup has not yet publicly announced this deal, it marks a notable development in its growth trajectory. The specific details of the investment remain undisclosed, but the report […]
Riyad Capital launches 1957 Ventures Fund to drive Saudi Fintech Innovation
Riyad Capital has announced the launch of the “1957 Ventures” fund, a closed-end investment fund backed by Riyad Bank to drive transformative growth in Saudi Arabia’s fintech sector, in line with the objectives of Saudi Vision 2030 and the Financial Sector Development Programme. The launch of this fund underscores Riyad Capital and Riyad Bank’s strategic […]
Saudi Merit Secures $12 Million in Pre-Series B Funding for its Customer Rewards and Engagement Platform
RIYADH, May 20, 2024 – Riyadh-headquartered rewards and engagement platform Merit has successfully raised $12 million in an oversubscribed pre-Series B funding round. The round was led by Alistithmar Capital i-Cap, the investment arm of The Saudi Investment Bank (SAIB), with participation from existing investors, including Saudi’s Tech Invest Com and Hambro Perks Oryx Fund, […]
Geidea, Samsung Gulf, and Sharing Group Announce Landmark Partnership to Transform Gulf Payment Solutions
In a groundbreaking collaboration set to revolutionize the Gulf business landscape, Geidea, Samsung Gulf, and Sharing Group have announced the largest partnership of its kind in the region. This strategic alliance aims to introduce state-of-the-art Samsung devices and systems as innovative payment solutions across the Gulf market. As the first step in this ambitious initiative, […]
TerraPay and barq Forge a Strategic Partnership to Revolutionise Global Money Transfers
During the bustling days of the Seamless 2024 exhibition in Dubai, a significant collaboration unfolded between two prominent players in the fintech realm. The Saudi-based fintech application, barq, and TerraPay, a leading global money movement company, inked a strategic partnership aimed at enhancing international money transfer services. The agreement, signed amidst a backdrop of innovation […]
MyTM, Zindigi Partnered with JS Bank & Mastercard Unveil Sullis Hajj Card to help pilgrims experience cashless pilgrimage
Title: Pakistani Startups Introduce Sullis Hajj Card for Cashless Pilgrimage Experience In a groundbreaking collaboration, Pakistani startups MyTM and Zindigi, alongside JS Bank and MasterCard, have unveiled the Sullis Hajj Card. This innovative financial product aims to provide pilgrims with a seamless cashless experience during their spiritual journey. MyTM, renowned for its digital payments and […]
ABHI partners with Alraedah Digital Solutions to Revolutionize Financial Services in KSA
Alraedah Digital Solutions, a leading technology company and the innovation arm of Alraedah Digital Group, is thrilled to announce a strategic partnership with ABHI, a MENAP-based Fintech specializing in Earned Wage Access and Invoice Factoring. The collaboration marks a significant milestone in Alraedah’s commitment to fostering innovation and driving regional financial inclusion. Under the terms of […]