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Valu Consumer Finance
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Symplfy.Ai
AE
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EG
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AE
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Capiter
EG
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AE
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News and Events
Jun 9, 2024

Moyasar launches new payment gateway to boost fintech sector

Riyadh - Sharikat Mubasher: Moyasar Financial Company, a leading provider of digital payment solutions in Saudi Arabia, launched the Moyasar Payment Gateway (MPG) to boost the fintech sector in the Kingdom, the company announced in a press releaseThis move solidifies Moyasar’s leading role in offering inclusive digital payment services known for their excellence, efficiency, and reliability.The MPG aims to meet the needs of acquiring banks and financial institutions, offering leading-edge features, such as recurring payments for digital wallets like Apple Pay through the national network Mada.As the first locally licensed payment gateway with local hosting, the MPG offers a strong fraud protection system, enhancing customer confidence and security in financial transactions.Further, it provides unparalleled responsiveness in completing online payment transactions to enhance customer experience and enable a larger volume of smooth and secure financial transactions.The launch of MPG underpins Moyasar’s efforts to localize financial technologies, strengthen its technical infrastructure, and provide an integrated suite of financial products and services.

Jun 9, 2024

Bankbox forges strategic partnerships to expand regionally

Cairo - Sharikat Mubasher: Banknbox, a leading provider of digital services in Egypt, forged strategic partnerships with several banks, financial institutions, and fintech companies in eight countries during the first half (H1) of 2024 to expand regionally, the company announced in a statement.These partnerships came as part of the company’s strategy to solidify its position as a key player in the fintech sector in Egypt and other countries, including Iraq, Libya, Bangladesh, Moldova, Qatar, and other African countries.This move also highlights Banknbox’s pivotal role in providing fintech services and underpins its ability to provide innovative financial solutions in a wider scope.Bassem Mahmoud, Chairman and Managing Director of Banknbox, stated that the new partnerships will ensure the provision of new advanced services that meet the needs of the market.“We would like to thank the Central Bank of Egypt for its full support and continuous coordination to ensure that the company is in line with its constructive vision to enhance digital transformation services and transform Egypt into a regional center to serve the countries of the region,” Mahmoud said.He noted that Bankbox partnered with local banks and companies to provide a wide range of services, including card issuance and e-payment acceptance channels.Banknbox offers a full suite of digital services and advanced payment technology for various sectors, notably banking, transport, communications, petroleum, and insurance.

Jun 9, 2024

UAE’s Fortis plans to expand footprint in Saudi Arabia

Riyadh - Sharikat Mubasher: The UAE-based fintech company Fortis plans to expand into Saudi Arabia and other Middle East and North Africa (MENA) countries within the upcoming period.By expanding into the Saudi market, Fortis aims to boost the operati

Jun 6, 2024

Elevate secures $5mn to expand in MENA

Dubai - Sharikat Mubasher: The Dubai-based fintech company Elevate secured $5 million in a series A round to accelerate its plans to expand in the Middle East and North Africa (MENA) region, according to the company’s press release.Elevate aims

Jun 3, 2024

300 organizations join Fintech Revolution Summit in Riyadh

Riyadh - Sharikat Mubasher: The eighth edition of the Fintech Revolution Summit kicks off today in Riyadh, with the participation of more than 300 leading organizations and over 500 prequalified delegates.With the theme “Saudi Arabia&

Events
June
03
2024
Fintech Revolution Summit 2024
May
21
2024
Finnovex Saudi Arabia 2024
April
29
2024
Fintech Revolution Summit
December
11
2023
DATE Fintech Show 2023
December
05
2023
World Fintech Show 2023
August
23
2023
Digital Transformation Summit Saudi Arabia 2023