Tag: UAE
Infosys Finacle partners with Emirates NBD and ICICI Bank
Using the EdgeVerve Blockchain Framework for Financial Services, the network was successfully piloted on the huge UAE-India remittance corridor. Read more: www.bobsguide.com
Invoice Bazaar closes investment from AGC
Advance Global Capital has invested in Invoice Bazaar, a FinTech supply chain finance platform that offers receivables purchase from SME suppliers in the UAE. Read more: www.fintechranking.com
Bayzat nabs $3.6m to revamp UAE health insurance
Dubai-based health insurance and HR service Bayzat is taking on $3.6m in a Series A round of funding led by BECO Capital. Read more: www.fintechroundup.com
Abu Dhabi launches first MENA regulatory sandbox for FinTech
Today, Abu Dhabi Global Market announced the launch of its financial technology incubator in the capital’s financial free zone, the Regulatory Laboratory. Read more: www.financemagnates.com
Fidor and Abu Dhabi Islamic Bank unveil digital bank
Abu Dhabi Islamic Bank (ADIB) has partnered with Fidor Bank to launch the region’s first “community-based digital bank”. Read more: www.bankingtech.com
Abu Dhabi plans FinTech regulation lab
The FSRA of Abu Dhabi Global Market is looking for public feedback and comments for its proposed FRSA Regulatory Laboratory. Read more: www.bankingtech.com
Eureeca crowdfunds $400,000 for itself
Crowdfunding platform Eureeca has raised $400,000 through its own platform due to customers repeatedly expressing an interest in investing in Eureeca itself. Read more: www.wamda.com
Era of FinTech arrives on UAE investment scene
Financial technology is the investment vehicle du jour and it’s making inroads in the tech-savvy UAE. Read more: www.thenational.ae
UAE mobile wallet payments to exceed $13bn in 5 years
UAE Banks Federation report says 35% of transactions to be made through mobile. Read more: www.arabianbusiness.com