At Web Summit Qatar, the host nation made its ambitions clear: it is no longer just testing the waters of the global technology ecosystem—it is doubling down. Qatar Development Bank (QDB) has announced a significant expansion of its Startup Qatar Investment Program, raising its target to QAR 1 billion (approximately $275million) by 2030. Speaking to […]
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Zand, the UAE’s AI and blockchain-powered digital bank, has entered into a strategic partnership with Ripple to advance the region’s digital economy through new stablecoin and blockchain solutions. The collaboration will focus on innovative initiatives powered by Zand’s AED stablecoin (AEDZ) and Ripple’s USD stablecoin (RLUSD). Bridging currencies on-chain Michael Chan, CEO of Zand Building […]
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SumUp, the global financial technology company, has launched its latest hardware innovation in the UK: the Solo Lite card reader. The new device is positioned as the company’s “simplest and most durable” reader yet, designed specifically to offer a cost-effective entry point for small businesses and entrepreneurs. Durability for mobile businesses Tomer Sabag, chief hardware […]
Explore Morebotim money, the financial services arm of the MENA region’s Ultra app botim, has partnered with global money movement network TerraPay to expand its cross-border remittance capabilities. The collaboration aims to enhance the speed and reliability of international transfers, with a specific focus on key African markets including Uganda, Kenya, Ghana, and Egypt. Real-time validation […]
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dLocal, the cross-border payment platform focused on emerging markets, has entered into a strategic partnership with DHL Express Brazil to automate Pix payments for its local operations. The collaboration aims to replace manual payment checks with real-time confirmation. This integration is designed to address a critical bottleneck in the logistics sector: the time lag between […]
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Affirm, the payment network known for its “honest financial products,” has partnered with Virgin Media O2 to provide flexible financing options for the telecom giant’s UK customer base. The collaboration marks a significant expansion for Affirm just one year after its entry into the UK market. The partnership will see Affirm’s payment technology integrated into […]
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Open Banking Limited (OBL), the body responsible for setting open banking standards in the UK, has appointed the Rt Hon John Glen MP as an Independent Non-Executive Director. Rt Hon John Glen MP The appointment comes at a critical juncture for the sector as it prepares for the transition to a permanent “Future Entity” and […]
Explore MoreGlobal wealth leaders gathered in Dubai for the Family Office Summit, where the narrative shifted decisively from capital preservation to aggressive modernisation. With the ecosystem now managing over $1.2 trillion in assets, the event highlighted a critical evolution in how private wealth is tackling governance, artificial intelligence and the separation of legacy business from investment […]
Explore MoreDanal Fintech, a subsidiary of one of South Korea’s largest payment companies, has signed a strategic Memorandum of Understanding (MOU) with Sahara AI to integrate artificial intelligence into its stablecoin-based payment and settlement infrastructure. The partnership aims to improve system reliability, operational efficiency, and risk management across real-world financial use cases. Merging AI with payment […]
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Para, the digital wallet infrastructure provider, has launched its REST API, a new solution designed to allow fintechs and consumer apps to integrate blockchain wallets without altering their user interface (UI) or exposing users to the complexities of crypto. The tool enables platforms to automatically provision wallets for every user and execute transactions programmatically. The […]
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