$135M Capital Raise, Comprised of Private Placement and In-Kind Contributions, Aims at Increasing iMENA’s Shareholding in Existing Businesses Company completes restructuring into a Saudi company, iMENA Holding Transformation part of evolution into regional digital powerhouse. RIYADH, Saudi Arabia, April 27, 2025 – iMENA Group (“iMENA”), a regional leader in digital platforms in the MENA region, has raised $135 million from Sanabil Investments, a wholly […]
Riyadh, Saudi Arabia: Techrar, Saudi Arabia’s leading subscription, membership, and recurring billing management platform, has successfully closed a SAR 6 million investment round led by aramco Entrepreneurship Center (Wa’ed Ventures). Starting as a single product addressing a basic market need, Techrar has evolved into a fully integrated suite of products and tools that enable merchants […]
Riyadh, KSA – Ottu is proud to announce a strategic partnership with HyperPay, a leading digital payment solutions provider, through a Mutual Collaboration Agreement (MCA), marking a significant milestone in transforming the digital payments landscape across the Middle East and North Africa (MENA) region. This powerful alliance unites two of the region’s leading fintech innovators to […]
Riyadh, Saudi Arabia – LandIn, a leading soft-landing partner for global startups, has announced a strategic partnership with Fintech News Saudi Arabia, a premier platform for fintech developments in the Kingdom. This collaboration is designed to empower high-potential founders by providing them with the tools, connections, and guidance needed to successfully enter and scale within Saudi […]
Riyadh, Kingdom of Saudi Arabia – 23 April, 2025: American Express Saudi Arabia has introduced a ground-breaking, open banking-powered experience within its mobile application, transforming not just the process but the accessibility of credit for a broader segment of customers. This includes those outside traditional employment structures (such as the self-employed and non-salaried individuals) – segments that have historically been underserved by conventional […]
All Mastercard credit and debit cardholders can now enjoy up to six months of Amazon Prime membership at no additional cost, unlocking a world of savings and entertainment, including fast and free shipping, Prime Video, Prime Gaming, and Exclusive Savings Saudi National Bank cardholders will enjoy added exclusive shopping discounts with their Mastercard provided Amazon […]
Riyadh, Saudi Arabia: Standard Chartered announced a further expansion of its Middle East product capabilities with direct custody services in Saudi Arabia. This milestone offering will be under Standard Chartered Capital Saudi Arabia, a wholly owned subsidiary of Standard Chartered Group, licensed by Capital Market Authority of Saudi Arabia. The service, which enables clients to […]
Manama, Bahrain – The Bahrain Institute of Banking and Finance (BIBF) has launched a new e-learning platform to help banking professionals in Bahrain stay up to date with regulations on Anti-Money Laundering (AML), Countering the Financing of Terrorism (CFT), and Counter Proliferation Financing (CPF). Developed specifically for Bahrain’s financial sector, the platform highlights the Kingdom’s commitment […]
SINGAPORE, April 19, 2025 – viAct, a leading impact AI company focused on improving safety and efficiency in high-risk industries, today announced the close of US$7.3M Series A round led by Dublin-based private equity firm Venturewave Capital, with participation from Singtel Innov8, the corporate venture capital fund of Singtel, Asia’s leading communications technology group, Korea Investment […]
Attaining ‘national entity’ status empowers ZainTECH to scale its advanced solutions across key sectors of digital IoT, cybersecurity, drones, AI, and cloud services Reinforces company’s commitment to Vision 2030 of driving innovation, strategic partnerships, and investment in local talent and digital infrastructure Riyadh, KSA — ZainTECH, the integrated digital solutions provider of Zain Group, has achieved […]