Fasset has joined the global fintech unicorn club after raising $68 million in a Series C round led by Japan’s SBI Group, valuing the stablecoin-focused neobank at $1 billion.
Uber has officially expanded its Robotaxi offering in Dubai, putting Baidu's fully driverless Apollo Go vehicles on its platform as the emirate accelerates its push to make autonomous transport part of everyday urban mobility.
The UAE-based fintech, XSquare, has raised an undisclosed pre-seed round led by Radled Venture with participation from Angel Spark, 500 Global, and Oraseya Capital.
Saudi investment firm Pinnacle Capital has launched a new venture capital fund targeting growth-stage technology companies in Saudi Arabia, combining primary investments with secondary transactions as the Kingdom’s startup ecosystem matures.
OpenAI has introduced Inference Residency in the UAE, allowing eligible ChatGPT Enterprise, ChatGPT Edu, and API customers to process AI model inference on GPUs located within the country.
The move
Nigeria’s central bank has opened a regulatory testing window for virtual-asset businesses, offering local founders a clearer path to develop and test digital financial products under supervision.
An Egyptian fintech platform, Mylo, is launching a new InstaPay feature that ensures users can easily make installment payment dues with the use of their mobile number, national ID, or
PayU GPO, an online payment service provider operating in over 40 emerging markets, unveiled the launch of Account-to-Account (A2A) payments in Nigeria and the appointment of Ryan Engel as the
Ethiopia has introduced the Fayda Wallet, a new digital identity and financial inclusion platform aimed at simplifying electronic Know Your Customer (eKYC) processes and expanding access to formal financial services.
Pinnacle Financial Partners, Tarkenton Companies, and gener8tor are collaborating to offer new business opportunities to underrepresented founders within the local financial community.
The organizations are launching a startup accelerator in
Bahrain-based Beyon Money has announced its partnership with Binance to bring exclusive benefits and services to its customers. With this partnership, Beyon Money's Checkout payment will be integrated
