Tag: #Digital Banking
Digital bank Wio partners with First Abu Dhabi Bank to facilitate deposits
State-backed digital bank Wio Bank said Monday that it has joined forces with First Abu Dhabi Bank (FAB) to offer business customers cash and...
Sudan-based fintech startup Bloom raises $6.5 million from Y Combinator and Visa
Sudanese fintech firm Bloom has reportedly raised $6.5 million in a seed funding round led by payments giants Visa, Y Combinator, US-based VCs Global...
Telda secures central bank’s approval to start operations
Egypt’s first digital banking application Telda said Monday that it had secured the central bank’s final approval to start operating its card and application...
Central Bank Egypt approves launch of e-portal for smartphone wallet management
The Central Bank of Egypt (CBE) approved the launch of an e-portal for managing smartphone wallet accounts in cooperation with the National Telecom Regulatory...
Percentage of UAE consumers favouring banks that put ‘purpose over profits’ higher than global...
Three quarters (75%) of global consumers are now more likely to use digital banking in the next few months than before the pandemic, according...