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UAE's Sarwa to Develop Crypto and Trade Products After $15M Funding

UAE's Sarwa to Develop Crypto and Trade Products After $15M Funding
cairoscene.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cairoscene.com Daily Mail and Mail on Sunday newspapers.

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S1lkpay raises $1.22m led by UAE's Seven Rivers Capital - News

S1lkpay raises $1.22m led by UAE's Seven Rivers Capital - News
khaleejtimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from khaleejtimes.com Daily Mail and Mail on Sunday newspapers.

United Arab Emirates , Khaleej Times , Gorod Astana , Gani Uzbekov , Dubai International Financial Center , Bank Kazakhstan , Harvard University , Information Technology , Astana International Financial Center , Middle East , Central Asian , Innovation Testing License , Fintech License , Deputy Finance Minister , Seven Rivers Capital , Rivers Capital , ஒன்றுபட்டது அரபு அமீரகங்கள் , காழீஜ் முறை , கோறொத் ஆஸ்தான , துபாய் சர்வதேச நிதி மையம் , வங்கி காஸக்ஸ்டாந் , ஹார்வர்ட் பல்கலைக்கழகம் , தகவல் தொழில்நுட்பம் , ஆஸ்தான சர்வதேச நிதி மையம் , நடுத்தர கிழக்கு , மைய ஆசிய ,

Mamo, the UAE-based FinTech, receives greenlight from DIFC

Mamo, the UAE-based FinTech, receives greenlight from DIFC
Community News
30 Jun 2021 09:00 am
Dubai,UAE, 30 June 2021 Mamo, the UAE-based FinTech company, has been granted an Innovation Testing Licence to operate in or from Dubai International Financial Centre (DIFC), the global financial centre and leading FinTech hub in the MEASA region. The licence has been granted by the Dubai Financial Services Authority (DFSA) to carry out the regulated activity of Providing Money Services. The licence allows Mamo to test its products and services in a rapidly growing market under conditions defined by the DFSA.
In a nutshell:
●The Peer-to-Peer (P2P) payments space will grow from $ 22Bn in 2019 to $115Bn (almost 5x) by 2023 for the Middle East as a whole; ....

United Arab Emirates , Salmaan Jaffery , Mohammed El Saadi , Money Services , Dubai Financial Services Authority , Dubai International Financial Centre , Business Development , Innovation Testing Licence , Providing Money , Middle East , Alrajhi Partners , Olive Tree Capital , Chief Business Development Officer , Mamo Pay , ஒன்றுபட்டது அரபு அமீரகங்கள் , பணம் சேவைகள் , துபாய் நிதி சேவைகள் அதிகாரம் , துபாய் சர்வதேச நிதி மையம் , வணிக வளர்ச்சி , கண்டுபிடிப்பு சோதனை உரிமம் , வழங்குதல் பணம் , நடுத்தர கிழக்கு , ஆலிவ் மரம் மூலதனம் , தலைமை வணிக வளர்ச்சி அதிகாரி , மாமோ செலுத்த ,

Dubai digital-wallet startup Mamo secures $8m; Saudi firm AlRajhi among new investors

Dubai: Dubai-based fintech Mamo has secured $8 million in new funds, including from Saudi Arabia’s AlRajhi Partners. Others to join in the pre Series A funding include Global Ventures, 4DX Ventures, Olive Tree Capital and some Silicon Valley based investors.
Mamo’s fintech solutions allow sending and receiving payments via the smartphone – and free of charge. The Mamo ‘digital wallet’ targets small businesses and freelancers.
Google connections
Mamo was co-founded by Asim Janjua, Imad Gharazeddine and Mohammad El Saadi, three former Google employees.
The Mamo Business solution allows freelancers and small businesses to receive online payments from customers without the burden of expensive and complex gateway and merchant integrations . Registration takes a day, which is an enormous improvement over the industry standard of two to three months . ....

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FinTech in UAE: UAE residents now have new ways to spend and save money

Dubai: Sit on your couch, and pay off your bills, save some money, invest those savings, do some interest-free installment shopping, and while you’re at it, don’t forget to pay your friend back for that lunch. The coronavirus pandemic economically crippled many individuals and businesses, but it also gave rise to a number of companies who offered people in the UAE exactly what they needed in that hour – easier, contactless, budget-friendly ways to handle and spend money, right from home.
Financial services integrated with the latest technology for automation, or FinTech, has been around for some time – if one considers everything starting from the world s first ATM in 1967. However, the coined term itself became very popular in only the last couple of decades, with the internet, the smartphone age, and everything that came after that. ....

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