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News and Press Releases

Dec 11, 20222 min read
MENA Fintech Association launches the fifth volume of SHIFT, a Guide to
This 5-report series on Payments is a product of the Payments Working Group of the MENA FinTech Association called “SHIFT”


Feb 19, 20221 min read
Saudi fintech EdfaPay raises $1.6mln pre-seed round
RIYADH: EdfaPay, a Saudi-based fintech startup that helps companies use their smartphones for payment, has raised $1.6 million in a pre-seed


Feb 13, 20222 min read
Benefit records 164% jump in Bahrain e-payment transactions
Benefit, a key innovator and leading Bahrain company involved in fintech and electronic financial transactions services, has announced a...


Feb 9, 20221 min read
PIE partners with Bahrain Financing Company
One of the leading Bahrain fintech firms, Payment International Enterprise (PIE) has tied up with Bahrain Financing Company (BFC) to help co

Feb 1, 20222 min read
Tap Payments onboards 30,000 new merchants in Bahrain
Bahrain is home to the region’s oldest and most established banking and financial services sector Tap Payments, a GCC-based fintech...


Dec 19, 20213 min read
UAE FinTech SimpliFi raises $5.1m to expand across Mena and Pakistan
The cards-as-a-service start-up launched its beta version in August, for which it received strong interest from regional organisations...


Nov 30, 20212 min read
Batelco reveals 'BEYON Money' the company's new financial services brand
BEYON Money the first digital financial super app in the Kingdom of Bahrain Manama, Bahrain: Batelco took a major step forward today,...

Oct 20, 20213 min read
Bahrain launches world’s first eCheque system
The Central Bank of Bahrain (CBB) has launched the world's first electronic cheque system catering to individual, as well as corporate...

Sep 12, 20212 min read
Bahrain’s Investcorp acquires British fintech MIR Limited
Bahrain-based Investcorp Technology Partners (ITP) has acquired all of the business and assets of UK-based fintech MIR Limited, for an...

Aug 22, 20212 min read
Sinnad joins Mastercard Fintech Express programme
Sinnad, a fully owned subsidiary of The Benefit Company has joined Mastercard’s Fintech Express accelerator programme in Bahrain in a...
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