Crypto Grows in Africa and MENA as Shield Against Inflation
Bitcoin remains the most dominant cryptocurrency in Sub-Saharan Africa, while rising inflation makes Turkey the fourth country worldwide in raw crypto transaction volume rating.
Saudi Arabia - page 2
Riyad Bank Integrates E-Invoicing ZATCA Enabled by SunTec Xelerate
Riyad Bank, one of the largest financial institutions in Saudi Arabia, integrated the Zakat, Tax and Customs Authority (ZATCA) solution for e-invoicing, deployed on SunTec Xelerate platform
Hala Acquires Paymennt.com
Saudi fintech company Hala announced the purchase of a payment startup from the UAE Paymennt.com.
RegTech Konsentus Launches in Saudi Arabia
Open Ecosystem RegTech provider, Konsentus, launches in its first MENA regional market – Saudi Arabia – to offer open data infrastructure and technology services to regulators and FS providers
Saudi Arabia Central Bank Launches CBDC Experiment
Saudi Central Bank continues CBDC experimentations, currently focusing on domestic wholesale of CBDC in collaboration with local banks and fintechs.
Are Startups Going Out of Fashion?
Tech startups across the globe are now facing a massive drain of funding from the segment. The total number of startups has also significantly declined. Why does it happen, and what to expect next?
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