Finastra research reveals that Open Banking is seen as unequivocally important in the UAE, with 4 in 5 financial institutions (80%) considering it a ‘must have’, up from 68% last year.

Qashio, a UAE-based fintech, has raised $10 million in a seed round, with participation from strategic international and regional investors to accelerate expansion into the Kingdom of Saudi Arabia.

Ziina, the Dubai-based, YC-backed fintech start-up on a mission to bring money online for consumers in the Middle East, continues to bring innovation to the world of payments. Its latest invention: a payments keyboard – the first of its kind in the digital wallets space, and for which Ziina has filed a patent.