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News and Press Releases


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”
Dec 12, 20222 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 20, 20221 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 13, 20222 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 10, 20221 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...
Feb 2, 20222 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...
Dec 20, 20213 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,...
Dec 1, 20212 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...
Oct 21, 20213 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...
Sep 13, 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...
Aug 23, 20212 min read
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