Fintech

Deem Finance and Yusr Launch Strategic Partnership for Embedded Finance and BNPL in UAE
Deem Finance and Yusr partnered to advance embedded finance and BNPL solutions in the UAE, combining regulated infrastructure with fintech innovation in the automotive sector and beyond.

du Pay Appoints Roberto Mancone as Chief Executive Officer
du Pay CEO appointment names Roberto Mancone to lead the digital financial services platform through its next growth phase. Mancone brings 25+ years of fintech leadership experience across multiple continents.

Stitch Raises $25 Million Series A Led by Andreessen Horowitz
Stitch raises $25 million in Series A funding from Andreessen Horowitz, marking the VC firm’s first GCC investment. The Riyadh-based fintech platform provides unified infrastructure for financial institutions across lending, payments, and ledgers.

Mashreq Launches Money Insights for Personal Finance Management in UAE
Money Insights Mashreq launches as a financial management tool integrated into the NEO mobile app. The feature tracks spending across 40+ categories and monitors recurring subscriptions for 1.5 million UAE customers.

MENA Fintech Sector Strengthens Structural Foundations Amid Funding Challenges
Arthur D. Little report shows MENA fintech sector strengthened in 2025 despite global funding headwinds, with 77% of leaders rating sector strength positively and venture capital reaching 3.8 billion dollars regionally.

Webooking Expands Globally to Four Continents, Surpasses 3 Billion Riyal Transaction Value
Saudi platform Webooking expands to four continents with 3 billion riyals in transactions and 17 million users across 180 countries.

BridgeWise Partners with X to Deliver Social Sentiment Analysis for Global Markets
BridgeWise and X announced a strategic partnership to deliver social sentiment analysis for global markets, processing 1.75 million investment-related posts daily with real-time insights for institutional investors.

Mashreq and Cashew Expand Embedded Lending Framework in UAE
Mashreq and Cashew deepen collaboration to launch embedded lending UAE framework, enabling customers to access financing up to AED 150,000 with near-instant approvals for essential purchases.

AlfaNow Partners with Al Fardan Exchange to Expand Cross-Border Payments in UAE
AlfaNow and Al Fardan Exchange launch partnership enabling cross-border payments to 125+ countries through 92+ UAE branches and digital channels.

Mashreq Launches Digital Loan Solution for UAE Healthcare Services with Toothpick Partnership
Mashreq and Toothpick launch embedded financing for UAE healthcare, enabling patients to finance dental and aesthetic treatments up to AED 150,000 through a fully digital process.

PayTabs Completes Acquisition of TAPn’GO to Expand Contactless Payment Services Across MENA
PayTabs Group completed its acquisition of TAPn’GO, integrating contactless payment capabilities into its Super App platform. The move targets merchants across retail, hospitality, and healthcare sectors in the MENA region.

Mobile Money Transactions Surpass $2 Trillion in 2025, GSMA Report Finds
Mobile money transactions surpassed $2 trillion in 2025, with active accounts growing 15% year-on-year to 593 million, according to the GSMA’s latest annual report.

Study Estimates AdaKami Fintech Lending Platform Contributed Up to $649 Million to Indonesia’s GDP
A University of Indonesia study estimates that AdaKami’s loan disbursements contributed up to $649 million to Indonesia’s GDP in 2024, supporting employment for up to 78,000 people across 17 sectors.

US Banking Charters: Why Fintechs and Crypto Firms Are Racing to Become Banks in 2026
Neobanks and crypto firms including Revolut, Nubank, Circle, and Ripple are pursuing US banking charters in 2026, seeking to reduce reliance on intermediary banks and gain direct market access.

X Money Early Public Access Set to Launch Next Month, Musk Says
X Money is set to enter early public access next month, according to Elon Musk. The feature is part of X Corp.’s push to add payments to its social platform.

Ericsson and Mastercard Launch Collaboration for Global Money Movement
Ericsson and Mastercard collaborate to integrate fintech platforms for easier money movement. The deal targets unbanked populations starting in the Middle East.

Rasan Reports 82% Revenue Growth to SAR 653 Million in FY 2025
Rasan Information Technology Company reported 82% revenue growth to SAR 653 million in FY 2025, with adjusted net income nearly tripling to SAR 269 million.

Mastercard Enables Google Pay for Cardholders in Saudi Arabia
Mastercard and Google launched Google Pay for cardholders in Saudi Arabia, enabling contactless payments via Android smartphones with tokenization security technology.

HyperPay Achieves SAMA National Payment Gateway Certification in Saudi Arabia
HyperPay obtains National Payment Gateway certification from SAMA, strengthening its position as a trusted payment infrastructure partner in Saudi Arabia’s digital economy.

AI in Saudi Arabia Reaches Tipping Point as Banks Shift from Testing to Full Implementation
Financial institutions in Saudi Arabia have reached a decisive AI tipping point, with 99% now using or planning to use artificial intelligence across core banking operations.

Equiti Group Partners with Checkout.com to Enhance Global Payment Operations
Equiti Group partners with Checkout.com to revolutionize global payment operations, offering faster transactions and enhanced security for customers worldwide.

Checkout.com and Spotify Announce Strategic Global Payments Partnership
Checkout.com partners with Spotify to deliver AI-powered payment solutions for over 700 million users across 180+ countries, enhancing security and performance.
