Dubai Fintech

Proposals presented at the Brazil and Arab Countries Economic Forum outline digital platforms, AI trade tools, and fintech partnerships to expand bilateral commerce.

PayTabs Group agrees to acquire Amazon Payment Services MENA operations in a deal valued above $100 million, processing over SAR 150 billion annually.

Mastercard and QNB Group completed Syria’s first international card transaction in 15 years following system reconnection.

Saudi industrial fintech financing climbed 130% to SR541 million in H1 2026 as the number of active digital lenders expanded from three to seven.

XSquare has raised a pre-Seed investment round from Raed Ventures, 500 Global, and Oraseya Capital to launch B2B payment operations in Saudi Arabia.

A study by Chargebacks911 shows that nearly one in four merchants experiences internal fraud, while over half fail to monitor internal dispute actions.

Saudi First Bank and Noon have launched a joint Visa credit card offering up to 10% cashback on digital purchases and a two-year Noon One membership.

Barq and Riyadh Air have signed a strategic partnership to develop a secure and scalable digital payments platform, enhancing the airline’s financial infrastructure.

SILQ has secured $100 million in financing from regional and international investors to expand its Fina embedded finance platform for SMEs.

Money20/20 Middle East returns to Riyadh from September 14 to 16, 2026, bringing together over 38,000 financial leaders and regulators.

Infinite Business Solutions expands its digital transaction footprint across ten countries, with Saudi Arabia serving as its largest regional market.

Rasan Information Technology Company reported a 111% year-on-year revenue increase to SAR 517 million for the first half of 2026.

An analysis of the strategic initiatives connecting international growth-stage financial technology companies with expanding opportunities in Saudi Arabia.

The GCC asset management sector reached $2.7 trillion in 2025. Discover how artificial intelligence and retail investors are reshaping regional competition.

Mashreq has partnered with Sukoon Insurance to offer instant, paperless Workmen’s Compensation and Third-Party Liability coverage directly via MashreqBiz.

Checkout.com has partnered with Agoda to support digital payment processing across more than six million properties globally.

The Saudi Central Bank has granted Tabby consumer and SME finance licences, enabling customers to finance purchases up to SAR 50,000 over 12 months.

Mashreq has partnered with Mastercard to expand its Quick Remit service globally, enabling direct local currency transfers across new international corridors.

The Sanabil Accelerator has selected eight startups from over 690 applications for its eleventh cohort, focusing on AI, fintech, and healthcare.

IMAN Holdings has announced plans to raise 100 million dollars to expand its AI-powered Islamic banking platform into the GCC region.

Madkhol Capital has announced strategic partnerships with anb Capital and Derayah Financial to expand digital investment opportunities for Saudi investors.

Microsoft has partnered with Checkout.com to manage digital transactions across the EMEA region, integrating AI-powered optimization for Xbox, Azure, and Microsoft 365.