Finance

Crypto.com receives payment service provider licence from Central Bank of...

Crypto.com has received full approval to provide payment service provider (PSP) services from the Central Bank of Bahrain through its subsidiary registered in the Kingdom of Bahrain under the commercial name “FORIS GFS BH B...

FinTech provider FlapKap partners with Aramex to provide funding for SMEs

Aramex announced a strategic partnership with FlapKap, MENA’s revenue-based financing platform. The collaboration aims to support new and existing Aramex merchants, small and medium e-commerce businesses, SMEs based i...

Ooredoo FinTech launches walletii FinTech solution in Oman 

Unveiled by Ooredoo FinTech, OFTI, a wholly owned subsidiary of Ooredoo Group and Ooredoo Oman, walletii translates to my wallet in Arabic, reflecting its purpose as a user-friendly mobile wallet designed to upgrade...

Airwallex research reveals 66% of global travel companies see their fragile...

New research has revealed 66% of travel companies are seeing their profit margins impacted by outdated or complicated payment systems, with nine in 10 expected to prioritise modernising their financial operations this...

Britons are struggling with financial language fluency, and it’s costing the n...

Klarna, the AI-powered global payments network and shopping assistant, released the results of a national survey exploring financial language understanding across the UK.   The report, part of Klarna’s...

Revolut’s revenues surpass US$2.2b, with record profits of US$545m in 2023 

Revolut released its Annual Report for the year ending 31 December 2023.   Revolut delivered record profits and revenue growth, while navigating an increasingly complex geopolitical, macro-economic, and regulatory e...

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