saudi arabia

Qarar and Biz2X Collaborate to Bridge SMB Financing Gap in Saudi Arabia
Qarar and Biz2X Collaborate to Bridge SMB Financing Gap in Saudi Arabia
August 29, 2023  |  SMBs

Qarar, a leading data analytics and credit decisioning company in the Middle East, has partnered with Biz2X, a global FinTech technology and financing provider, to launch...

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From Portugal to the Philippines, Real-Time Payments Increase Their Global Footprint
From Portugal to the Philippines, Real-Time Payments Increase Their Global Footprint
July 05, 2023  |  Real-Time Payments

Real-time payments have gained significant traction worldwide, revolutionizing how consumers and businesses conduct financial transactions. Many countries have successfully implemented real-time payment systems to enhance...

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Business-Friendly Regulations Drive Open Banking Adoption in the Middle East
Business-Friendly Regulations Drive Open Banking Adoption in the Middle East
June 12, 2023  |  Fintech Investments

The Middle East and North Africa (MENA) region is quickly becoming a hotbed for open banking, driven by a unique ecosystem, booming consumer demand and...

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Tarabut Gateway Raises $32 Million to Expand Saudi Open Banking
Tarabut Gateway Raises $32 Million to Expand Saudi Open Banking
May 03, 2023  |  Investments

Open banking platform Tarabut Gateway hopes to expand in Saudi Arabia after raising $32 million. The company announced the Series A funding round Wednesday (May...

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‘Humbled’ VCs Turn to Middle East For Funding
‘Humbled’ VCs Turn to Middle East For Funding
April 12, 2023  |  Investments

As funding evaporates, venture capital firms are seeking an oasis in the Middle East. Groups like Andreessen Horowitz, Tiger Global and IVP have in the...

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Aramco and DHL Supply Chain Are Building Procurement and Logistics Hub
Aramco and DHL Supply Chain Are Building Procurement and Logistics Hub
March 20, 2023  |  Supply Chain

Aramco and DHL Supply Chain are building a procurement and logistics hub in Saudi Arabia. The new hub will provide integrated procurement and supply chain...

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Saudi FinTech Hala Acquires Paymennt.com
Saudi FinTech Hala Acquires Paymennt.com
February 15, 2023  |  Acquisitions

Saudi FinTech Hala is expanding its payments offering with the purchase of Paymennt.com. The deal, announced in a Wednesday (Feb. 15) news release, will help...

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IBM and Emkan Finance Develop Small Business Digital Lending Product
IBM and Emkan Finance Develop Small Business Digital Lending Product
February 09, 2023  |  B2B Payments

Emkan Finance and IBM have developed a digital financing product for small businesses in Saudi Arabia. In announcing the collaboration on Thursday (Feb. 7), IBM...

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Saudi Arabia Builds Smart Warehouses to Meet Booming eCommerce Demand
Saudi Arabia Builds Smart Warehouses to Meet Booming eCommerce Demand
February 07, 2023  |  eCommerce

Saudi Arabia’s eCommerce sector is set to benefit from major investments in new smart warehouses. In the city of Jeddah, the Saudi Authority for Industrial...

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