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Mastercard Introduces Crypto Credential in UAE and Kazakhstan
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Mastercard Introduces Crypto Credential in UAE and Kazakhstan

Mastercard has launched its new Crypto Credential service in the UAE and Kazakhstan, marking its first entry into the Eastern Europe, Middle East, and Africa (EEMEA) region. This innovative solution is designed to simplify and secure cryptocurrency transactions by replacing complex blockchain addresses with easy-to-use aliases. The system ensures transactions are processed only if the...

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Abu Dhabi’s Astra Tech Unit Secures $500 Million Funding from Citi

Abu Dhabi-based FinTech company Astra Tech, through its subsidiary Quantix Technology Projects, has secured $500 million in funding from Citi. This asset-backed securitisation financing is among the largest ever for a UAE FinTech firm. According to The National UAE, the announcement was made during the Abu Dhabi Finance Week, where the company shared its plans...