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ADCB engages Islamic fintech start-up FlexxPay to boost digital offering
IFN Fintech - 0
One of the largest banks in the UAE has partnered with FlexxPay to provide Shariah compliant on-demand pay services to companies in the Emirates.
FlexxPay
IFN Fintech - 0
In a traditional pay cycle, an employee gets paid the salary at the end of each month. This method of paying employees is failing...
FlexxPay closes US$3 million funding round
Vineeta Tan - 0
Following a string of successful Islamic fintech funding deals, Islamic alternative finance company FlexxPay has raised US$3 million in a pre-series A round, supporting...
GCC’s large population of migrant workers to have digital banking access with Shariah compliant options
UAE-based NOW Money, a fintech company that offers digital payroll and accounts services with Shariah compliant options to underserved migrant workers, has secured US$7...
Saudi welcomes two new digital payment start-ups
Vineeta Tan - 0
Two new digital payment start-ups have officially entered the Saudi space with licenses from the Saudi Central Bank, bringing the number of regulated fintech...
DIFC invests in Islamic fintech
IFN Fintech - 0
The Dubai International Financial Centre (DIFC) has invested in four fintech start-ups including two which offer Shariah compliant services — remittance platform NOW Money...