Ziina has raised $22 million to provide FinTech services for UAE-based small businesses. In an interview with TechCrunch Tuesday (Sept. 3), Co-founder and CEO Faisal Toukan said there were a few factors that made the company attractive to investors, including the rapidly-growing small and medium-sized enterprise (SME) segment in the...
Dubai-based financial services firm Mamo has raised $4.3 million in new funding. Founded in 2019, the company offers services such as payment collection, corporate cards and expense management for small and medium-sized enterprises (SMEs) in the United Arab Emirates (UAE). “Mamo’s mission is to empower...
Mastercard is expanding its partnership with Dubai-based retail conglomerate LuLu Group. The collaboration, announced Friday (July 5), will extend across the markets of Bahrain, Kuwait, Oman, Qatar, the United Arab Emirates and newly-added Saudi Arabia, integrating Mastercard’s expertise into Lulu Group’s operation. “The partnership will...
Web3 payments platform Zeebu said it exceeded $1 billion in first quarter transaction volume. “In just seven months following the debut of its on-chain settlement platform, Zeebu swiftly advanced from settling nearly 5,000 invoices totaling over $500 million to surpassing the $1 billion threshold, marking a new...
September 10, 2020
Dubai is a city that has for centuries operated as a keystone of B2B trade across the Middle East, North Africa and Asia (MENA) region. While its rich commerce history has fostered an ecosystem of reliable buyer-supplier relationships, legacy trading tools are no longer fit for the modern economy, and the city is now focused […]
February 20, 2020
Among the more famous aphorisms of Benjamin Franklin was his 1748 observation that “time is money” — a fancy way of saying that making money requires the input of time,...
October 11, 2018
Well beyond bitcoin, blockchain is making inroads into the mainstream and cryptos are seeing a thaw when it comes to conducting commerce. In Dubai, blockchain payments provider has a green...
April 13, 2017
Dubai is one of the fastest-growing regions in the world and has big ambitions to become a global tech hub. The young country is working to address the inefficiencies that...
September 26, 2024
Dubai’s cryptocurrency regulator reportedly wants companies to warn customers of the risks of digital currencies. The Virtual Assets Regulatory Authority (VARA) updated its guidelines and will require companies that want to market crypto in the United Arab Emirates to include a new and “prominent” disclaimer starting Oct. 1, Bloomberg reported Thursday (Sept. 26). Crypto companies […]
September 03, 2024
Ziina has raised $22 million to provide FinTech services for UAE-based small businesses. In an interview with TechCrunch Tuesday (Sept. 3), Co-founder and CEO Faisal Toukan said there were a few factors that made the...
July 28, 2024
Dubai-based financial services firm Mamo has raised $4.3 million in new funding. Founded in 2019, the company offers services such as payment collection, corporate cards and expense management for small...
July 05, 2024
Mastercard is expanding its partnership with Dubai-based retail conglomerate LuLu Group. The collaboration, announced Friday (July 5), will extend across the markets of Bahrain, Kuwait, Oman, Qatar, the United Arab...
