Manama, Kingdom of Bahrain: In a significant leap forward for digital finance, Mawarid Finance, in strategic collaboration with Arab Financial Services (AFS), the leading digital payments solutions provider and fintech enabler across the Middle East and Africa, has officially launched a comprehensive digital application poised to redefine credit card issuance and management. This pioneering initiative […]
This marks a key milestone in Nayla’s mission to empower small and medium-sized enterprises (SMEs) in the Kingdom by offering ethical and Sharia-compliant financial services. Saudi-based Nayla Finance has announced that its micro-financing solutions platform has received Sharia certification from the Shariyah Review Bureau (SRB), a leading Sharia advisory firm licensed by the Central Bank […]
BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, has signed a strategic cooperation agreement with Bahrain Clear, a fully-owned subsidiary of Bahrain Bourse, to launch eIPO Service (electronic initial public offering service) on BenefitPay. This initiative marks a significant advancement in streamlining investor access to public share offerings on […]
Partnership will introduce three credit cards — Mastercard NMOO Executive Credit Card, Mastercard NMOO Business Credit Card, and Mastercard NMOO World Credit Card – to provide SMEs with enhanced access to funding. Riyadh, Saudi Arabia – Riyad Bank and Mastercard have collaborated to provide small and medium-sized businesses in Saudi Arabia with enhanced access to funding. […]
Partnership marks significant milestone in payment operations automation in GCC. [Dubai, 29st May 2025] – PayTic, a leading payment operations automation platform, today announced a strategic partnership with NymCard, marking PayTic’s entry into the GCC with its first strategic client. This collaboration represents a significant milestone in bringing advanced payment automation solutions to the rapidly growing Middle East […]
[26 May 2025, Riyadh, Saudi Arabia] PayTabs Group, a Future 100 company and MENA’s award-winning payment orchestration powerhouse, today announced the launch of its enhanced Artificial Intelligence (AI) powered payment orchestration platform. Engineered in Saudi Arabia over four months, the platform is set to cross SAR 325 billion in transaction processing shortly, cementing its role […]
D360 Bank, the innovative Saudi Shariah-compliant digital bank, has announced that it has reached more than one million customers within the first four months of its official launch, setting a new global benchmark in digital banking adoption. This milestone underscores the growing demand for seamless and secure digital financial solutions in Saudi Arabia. Since beginning […]
Riyadh, Saudi Arabia: Mastercard has launched its Cyber Resilience Center, an initiative that brings together key players from the financial sector to foster collaboration and support shared goals in building a secure commerce and payment ecosystem in the Kingdom. This is Mastercard’s first initiative in Middle East, extending the company’s global network of cyber resilience centers […]
UPESI Money Transfer, one of Africa’s leading remittance service providers, has announced the appointment of Mr. Fareed Jillani as Head of Marketing for the Middle East and Europe. This strategic move comes as the company intensifies its efforts to expand its footprint across key international markets. Fareed Jillani is also the CEO of UAE-based Lejion Media, a prominent […]
Riyadh, Kingdom of Saudi Arabia – May 19, 2025 – The Saudi Industrial Investment Fund Company, in partnership with Lendo, one of the Kingdom’s leading Shariah-compliant debt crowdfunding platforms, has launched an innovative investment program worth up to SAR 200 million. The initiative aims to provide fast, sustainable, and controlled working capital financing for small […]