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Mashreq allocates AED 1 billion in financing to industrial companies

UAE’s Mashreq to expand its global reach with Oracle

The lender will replace its core systems with Oracle solutions to modernise, streamline, and enhance its operations
Wio Bank redefines SME banking with embedded finance services

Wio Bank redefines SME banking with embedded finance services

UAE digital bank Wio Bank is introducing a new embedded finance service designed for the country’s small and medium-sized enterprises (SMEs). The initiative, which includes...
Wio Bank redefines SME banking with embedded finance services

State-backed digital bank Wio Bank’s annual profit reaches $544,588

Launched in July 2023, Wio Personal gained traction, amassing over 40,000 customers and exceeding AED 6 billion in deposits by year-end
Opay plans to apply for digital bank license in Egypt

African fintech Opay mulls Egypt digital bank license application

OPay’s digital bank will provide lending, savings and card services via the internet without the need for customers to go to branches