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Hakbah secures US$2 million pre-Series A funding

Hot on the heels of it receiving a Saudi Central Bank license, Saudi fintech savings platform Hakbah has raised US$2 million in a pre-Series A funding round to fuel its growth in the Kingdom.

Hakbah

Hakbah is a Fintech startup focusing on an alternative financial saving, permitted by the Saudi Arabian Monetary Agency (SAMA) to test its innovative products...

DIFC FinTech Hive nurtures Islamic fintech start-ups through latest cohort

Two Islamic fintech start-ups have made the cut for the competitive DIFC FinTech Hive accelerator program’s Investor Day, which also showcased 15 other solutions,...

Saudi accelerates fintech development with new program

Committed to diversifying its oil-dependent economy through financial services among others, the largest Islamic financial market in the world has rolled out a fintech...

Dubai stake claim to Islamic fintech hub title; DIFC Hive accepts largest Shariah fintech cohort

The Dubai International Financial Center (DIFC) has launched the third edition of its fintech accelerator program, welcoming its largest cohort yet. It also comprises...

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