Mashreq, one of the leading financial institutions in the United Arab Emirates, has taken a stake in NymCard, the only Banking-as-a-Service provider in the Middle East, to help grow the booming FinTech ecosystem in the UAE and support the next generation of innovators. This investment is part of a FinTech fund that Mashreq has created […]
An Islamic Fintech startup IMAN, closes USD$1million in seed funding to introduce a new financial product that is Shariah-compliant in Muslim markets. The new platform uses technology to democratize access to finance in line with the region’s religious views and faith. Founded by Rustam Rahmatov and Mark Zubov, IMAN introduces a tailored mobile platform for […]