Hubpay, a cross-border payments platform, has partnered with Aquanow to launch the UAE’s first fully regulated crypto payments facility designed specifically for businesses and SMEs. This innovative collaboration enables various sectors, including real estate, manufacturing, and general trading, to accept cryptocurrency payments securely alongside traditional fiat transactions. Aquanow ME FZE is regulated by Dubai’s Virtual...
The Ras Al Khaimah Economic Zone (RAKEZ) recently organized a session called ‘Maximising Marketing Impact with Minimal Spend’ at the Compass Coworking Centre. This event aimed to assist entrepreneurs and business owners in enhancing their brand visibility without incurring significant expenses During the session, Chris Redmond, CEO of RedHolt, shared his experiences in successfully scaling...
Flow48, a fintech start-up based in the UAE, has successfully raised $69 million in a combination of debt and equity funding during its Series A round, which was led by the Parisian venture capital firm Breega. The funding round also included notable participation from Evolution Ventures, Endeavor Catalyst, Daphni, Speedinvest, 212, and Plus VC. This...
Hubpay, a fast-growing financial institution licensed by the Abu Dhabi Global Market (ADGM), has unveiled its digital business accounts aimed at enhancing the corporate onboarding process for small and medium-sized enterprises (SMEs) in the UAE. This initiative aligns with the UAE’s goal to increase the number of SMEs from over 557 000 to more than...
Omnispay, a fintech company based in the UAE, has successfully raised $1.5 million in a seed funding round led by Mercatus Capital Pte. Ltd., a Singapore-based venture capital firm. This funding round attracted participation from various regional and international investors and aims to empower small and medium-sized enterprises (SMEs) with an all-in-one platform for collecting,...