The Bahrain-based company offers a personalized financial marketplace with regional expansion supported by investors Flat6Labs and Salica.
The debut aligns with the Kingdom’s Vision 2030 and supports the country’s push towards a cashless economy and rapid digital growth.
The fintech experts have partnered to improve money transfer services, making remittances faster and more secure.
The new feature offered via the Botim Ultra App allows users to make instant transfers internationally while deferring payments.
The fashion retailer plans to enhance global payments and expand into new markets using Shopify’s e-commerce platform.
The financial services provider has secured an extra $22 million after strong performance in its core market of Egypt.
The duo plans to revolutionize financial savings in the Kingdom while revealing an extensive life insurance coverage plan for Hakbah members.
The startup will use the influx of cash to expand into Saudi Arabia and across the wider GCC while improving its product offering.
The fast-growing fintech is now officially able to issue prepaid Visa cards from its UAE base, paving the way for further international expansion.
The partnership solves the complexities of integrating various regional payment service providers into the global mobility service.
