Riyadh, Saudi Arabia – barq, a cutting-edge Saudi financial services startup, has announced a strategic partnership with Mastercard to empower its customers with industry-leading payment acceptance solutions via the Mastercard Gateway. This collaboration aims to provide merchants and consumers across the Kingdom with advanced, value-added services that offer greater convenience, security, and efficiency. Under the […]
Saudi Arabia, September 2024 – Saudi-based automation and system integration startup, Reachware, has successfully raised $3 million in a seed funding round. The round was led by Sadu Capital, with participation from 500 Sanabil Investments and Elm Company, the company announced in a statement on Thursday. Fueling Expansion and Innovation The new funding will be […]
Riyadh, Saudi Arabia – In a significant development at the 24Fintech event, Hakbah, the leading Saudi-based fintech savings platform, has announced a landmark agreement with The Saudi Institute of Internal Auditors. This collaboration aims to enhance internal auditing systems, governance, and oversight within the financial technologies sector. Under the agreement, Hakbah and The Saudi Institute […]
Riyadh, Saudi Arabia – September 6, 2024 – Geidea, one of the region’s leading financial technology companies, has announced a strategic partnership with Arab National Bank (ANB) aimed at driving innovation and efficiency in digital payments across Saudi Arabia. Through this collaboration, Geidea will offer merchants seamless access to its cutting-edge Payment Gateway, empowering businesses […]
alrajhi bank has acquired a 65% stake in the “Drahim” application, a leading financial management and automated investment platform licensed by the Saudi Central Bank within the FinTech Lab and the Capital Market Authority’s regulatory environment. This acquisition is part of alrajhi bank’s strategy to leverage the latest technologies and regulatory frameworks to strengthen its […]
Spire Tech, a leading provider of innovative technology solutions, has officially announced a strategic partnership with Deloitte during the 24 Fintech event. This collaboration will see Deloitte leveraging its expertise in Managed Cloud and Cyber Services to help Spire Tech enhance its service offerings for businesses across various sectors. In a statement, Aamir Janjua, Co-Founder […]
Riyadh, Saudi Arabia – 02 September 2024 – Tamara, the leading fintech platform in Saudi Arabia and the GCC, has received preliminary approval from the Saudi Central Bank (SAMA) to operate in consumer finance and Buy Now Pay Later (BNPL) activities. This milestone is a testament to Tamara’s commitment to enhancing the fintech landscape and […]
Riyadh, Saudi Arabia – Tarabut, a leading open banking platform in the MENA region, has announced a strategic partnership with The Saudi National Bank (SNB), one of Saudi Arabia’s foremost financial institutions. This collaboration aims to drive the evolution of SNB’s digital offerings, aligning with the bank’s commitment to providing innovative and customer-centric solutions. By […]
Riyadh, Saudi Arabia – In a significant move to advance financial technology and innovation, Lean Technologies has announced a strategic partnership with J-B. The official signing ceremony took place on September 3rd at 24 Fintech, bringing together industry leaders Hisham Al-Falih, CEO of Lean Technologies, and Bader Barqawi, CEO of JB Finance. This partnership marks […]
Riyadh, Saudi Arabia – : Malaa, a wealth management company authorized by the Saudi Central Bank and operating within its regulatory sandbox, has successfully closed its Series A funding round, raising SAR 65 million (USD 17.3 million). The funding round was led by SNB Capital, the largest asset manager in the Kingdom, with participation from […]