Digital Banking

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Mubadala leads $15 million Series A in UAE SME lender CredibleX

Mubadala Investment Company has led CredibleX's Series A as part of a $15 million equity raise. The UAE embedded finance lender has now raised over $170 million across equity and debt in under three years.

Irfan7h ago2 min read

FintechDigital Transformation

Saudi fintech RiFD teams up with Kingsbury to scale securitisation

RiFD and Kingsbury have partnered to scale securitisation in Saudi Arabia combining local asset infrastructure with global deal structuring expertise. The partnership targets a capital markets gap that has long limited institutional access to Saudi assets.

Jace Ryn22h ago2 min read

Saudi fintech RiFD teams up with Kingsbury to scale securitisation

Plata raises $405M as Qatar Investment Authority joins Round

Qatar Investment Authority participates in a $405 million series C funding round for Latin American digital bank Plata, which reaches a $5 billion valuation and expands its regional fintech footprint.

Jace RynApr 232 min read

Plata raises $405M as Qatar Investment Authority joins Round

FintechDigital Transformation

How Airwallex went from acquisition target to Stripe rival

Few rivalries in fintech carry the personal weight of the one now developing between Stripe and Airwallex. Back in 2019, Stripe offered to buy the Melbourne-based startup for $1.2 billion. Airwallex's CEO said yes, then changed his mind.

James WhitemoreApr 182 min read

How Airwallex went from acquisition target to Stripe rival

UAE formalizes electronic invoicing model to modernize tax reporting

UAE Ministry of Finance issues Electronic Invoicing Guidelines to support the national e invoicing rollout, advancing digital tax compliance and business automation across the country.

RazaFeb 252 min read

UAE formalizes electronic invoicing model to modernize tax reporting

Central Bank of Oman moves to regulate BNPL sector with new licensing rules

The Central Bank of Oman issues new regulations governing Buy Now, Pay Later (BNPL) services, establishing a formal framework for licensing, consumer protection, and fintech oversight in the Sultanate.

RazaFeb 252 min read

Central Bank of Oman moves to regulate BNPL sector with new licensing rules

FintechGovernment & Policy

Jarir receives SAMA approval to establish SAR 50 Million Micro-Consumer finance firm

Jarir secures preliminary SAMA approval to establish Rifd Integrated Co., a SAR 50 million micro-consumer finance company, partnering with Aman Egypt to expand financial services in Saudi Arabia.

RazaFeb 32 min read

Jarir receives SAMA approval to establish SAR 50 Million Micro-Consumer finance firm

Gaming & EntertainmentSeed Funding

Saudi Social app Declic closes $1M Seed Round to expand across the Gulf

Declic, the Saudi social app backed by 500 Global and Misk, just closed a $1 million seed round to expand across the Gulf.

MoJan 282 min read

Saudi Social app Declic closes $1M Seed Round to expand across the Gulf

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