Payments

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Vodafone Qatar moves into SME finance with Maktapp acquisition

Vodafone Qatar acquires Maktapp via Infinity Fintech Ventures to expand SME fintech services, integrating payments, invoicing and business tools into its digital ecosystem.

Raza3d ago2 min read

Global ExpansionFintech

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

FintechGlobal Expansion

Airwallex launches POS to take on Stripe and Square globally

Airwallex, the Australian fintech that spent a decade building global payments infrastructure, is moving into in-person commerce. The company is launching a point-of-sale product it says rivals like Stripe and Square cannot yet match across borders.

James WhitemoreApr 162 min read

Airwallex launches POS to take on Stripe and Square globally

Utexo raises $7.5M to advance bitcoin payment rails

UAE based blockchain startup Utexo has raised $7.5 million in a Tether led seed round to build Bitcoin native USDT payment infrastructure, targeting faster and scalable stablecoin settlements.

RazaMar 162 min read

Utexo raises $7.5M to advance bitcoin payment rails

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 & EntertainmentGulf Region

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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