Dubai-based Qashio launches UAE’s first corporate card

UAE – Qashio, a UAE-based fintech company, has launched the first corporate expense management card and software for business transactions in the country. The platform will enable business owners and financing partners to have more control over their expenses, according to a press release on Wednesday. Through the software programme, entrepreneurs will be able to control […]

Abu Dhabi-listed telecom firm e& forays into NFTs

UAE telecommunications firm e&, formerly known as Etisalat Group, announced on Wednesday the launch of its first set of non-fungible tokens (NFTs), marking its foray into the digital assets space. A first by a technology and investment conglomerate in the Middle East, the NFTs will be distributed selectively, the company said, citing that it will […]

UAE: New digital bank Wio gets Central Bank licence, appoints senior leadership

Wio Bank – an integrated digital banking platform – has announced the appointment of Salem Al Nuaimi as Chairman of the Board and Jayesh Patel as chief executive officer. The appointments come after the licence approval by the Central Bank of the UAE. Wio is jointly owned by Abu Dhabi Holding Company (ADQ), Alpha Dhabi, […]

Mashreq commits up to $10mln investment in fintech ‘Cashew’

Mashreq Bank, one of the leading financial institutions in the Middle East, has committed up to $10 million in Cashew, the innovative fintech leader providing buy now pay later (BNPL) services to consumers in the UAE and KSA. As part of the strategic investment, Mashreq will integrate Cashew Payment as an option on the acquiring […]