August 30, 2018 @ 3:00 pm By Samantha Hurst  |  

UK-based Finastra announced on Thursday it has joined the Bahrain FinTech Bay hub, which reportedly brings financial service players from various financial institutions, banks, and investors to fintech companies, developers, industry bodies and academics in order to drive innovation and create new growth opportunities. Finastra… Read More

August 1, 2018 @ 12:38 pm By Samantha Hurst  |  

  Pundi X (CURRENCY: NPXS) announced on Wednesday will make its debut in the Gulf and Middle East following a partnership with fintech company, ebooc. Pundi X reported that it will work closely with ebooc on developing digital payment gateway services for governments, financial institutions and major corporates in the… Read More

April 5, 2018 @ 1:19 pm By Erin Hobey  |  

In an effort to identify key innovators in fintech, the LATTICE80 team has created “top” Fintech influencers lists in Europe, Asia and the Middle East.  The Fintech Hub’s  lists are prefaced with sector highlights. Let’s start with Europe: “The Fintech industry in mainland Europe and… Read More

February 26, 2018 @ 11:39 am By Samantha Hurst  |  

Last week, the Middle East and African fintech hub, Bahrain FinTech Bay, announced it is now officially open for business. Along with its opening, it also announced startups and founding partners. Bahrain FinTech Bay claims it is the region’s largest fintech and is aiming to… Read More

August 29, 2017 @ 7:29 am By Samantha Hurst  |  

Last week, India-based online lender Capital Float announced it secured $45 million during its Series C funding round, which was led by Ribbit Capital with participation from returning investors SAIF Partners, Sequoia India, and Creation Investment. Founded in 2013, Capital Float describes itself as a… Read More

July 3, 2017 @ 6:59 am By Erin Hobey  |  

The Authority of Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone (Qianhai Authority) and the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) entered into a new partnership to further develop and promote closer investment and financial innovation opportunities and collaborations for… Read More

May 22, 2017 @ 9:57 am By Erin Hobey  |  

Dubai’s pioneering government-backed initiative to implement blockchain technology across the city is now into its third month, and the pilot schemes continue to roll out. The move aims  to secure the city’s reputation as a leading Middle Eastern business center. This month Dubai’s largest bank, Emirates… Read More

April 23, 2017 @ 8:00 am By Jonathan Nieh  |  

According to a report released last month by middle eastern media platform Wamda, Fintech startups located in the Middle East and North Africa (MENA) raised over $100 million over the last decade. That may not seem like much compared to the billions raised by Fintech startups… Read More

January 21, 2017 @ 2:10 am By Jessica Pham  |  

Gaza Sky Geeks is running another crowdfunding campaign called “Power Up Gaza’s Geeks”.  There is just over a week left in the campaign, and the group is currently at $277,869 — or 292 percent of its original goal. Initially, Gaza Sky Geeks had a goal… Read More

June 28, 2016 @ 1:00 am By JD Alois  |  

  Inaugural Middle East & Africa Alternative Finance Benchmarking Study. The Cambridge Centre for Alternative Finance at the University of Cambridge Judge Business School is launching its first Middle East & Africa Alternative Finance Benchmarking Study. This study on alternative finance follows the successful publication of… Read More

June 7, 2016 @ 3:00 pm By JD Alois  |  

Eureeca is the very first investment crowdfunding platform to set up shop in the Middle East. The home office in Dubai has been complimented with offices in both London and Kuala Lumpur.  Eureeca is a truly global platform seeking to help smaller companies raise capital in… Read More

July 16, 2015 @ 12:30 pm By Samantha Hurst  |  

This week, Middle East’s crowdfunding platform, Zoomaal, announced that it has teamed up with Oasis500 and Flat6Lab launched a new acceleration program. Wamda reported that the program guarantee to approve for seed investment projects in tech, the Internet of Things, wearable technologies, and other physical B2C… Read More

February 17, 2015 @ 12:50 pm By Samantha Hurst  |  

On Tuesday (February 17th), peer-to-peer lender, Linked Finance, announced it has hired Lloyd Nolan as its new chief operating officer. According to The Independent, Nolan joins Linked Finance from computer software company Symantec, where he was senior operations director of the customer management center for… Read More

February 9, 2015 @ 3:37 pm By Samantha Hurst  |  

Real estate crowdfunding platform of GCC and Middle East, Durise, is launching its services online to all  investors in the region and also to those outside region who wish to invest in the market through crowdfunding. The platform’s current offering is one of Dubai’s most prestigious properties, Old… Read More

January 16, 2015 @ 11:30 am By Samantha Hurst  |  

Eureeca has experienced one of the fastest periods of growth ever recorded in the crowdfunding world during its first year of inception. Through its innovative funding practices, the crowdfunding platform has lowered the barriers to entry giving greater opportunities for investors and businesses. All this has been… Read More

January 14, 2015 @ 9:25 am By Samantha Hurst  |  

After the significant milestones reached by Middle East crowdfunding pioneer Eureeca, the Dubai-based website seeks to up its game with the purpose of reaching more people, businesses and investors interested in its global crowdfunding campaigns. The platform expects to gain major ground in upcoming years, with its rapid… Read More

December 15, 2014 @ 3:03 pm By Erin Hobey  |  

Hoping to be the next Alibaba of Middle East, the B2B marketplace Search in MENA helps SMEs create both new channels to attract clients online and build a vast network of product and service providers for Arab Enterprises in the MENA (Middle East and North Africa)… Read More

November 2, 2014 @ 8:36 am By JD Alois  |  

Wamda, a platform to empower entrepreneurs in the Middle East / North Africa (MENA), has published an excellent study on the funding / entrepreneur eco-system in the region.  The very good news is that startup funding is growing in the MENA countries with growth expected to… Read More

September 24, 2014 @ 10:28 am By Samantha Hurst  |  

Qatar-based company Silatech announced earlier this week the launch of its crowdfunding platform called Narwi.com. The “micro-giving” platform is a new approach to financing young Arab entrepreneurs and their projects. Noted on its website, the platform is described as the following: “Youth unemployment in the Middle… Read More

July 12, 2014 @ 11:01 am By Samantha Hurst  |  

As crowdfunding becomes more popular in various countries, recent reports reveal the funding option is gaining attention in the Middle East. According to the Huffington Post, a handful of Lebanese entrepreneurs are using crowdfunding to create and sustain social initiative throughout the country, some of which… Read More