The wire

Saudi Arabian insurtech DESAISIV has launched an AI platform to automate corporate insurance management and opened an US$8 million growth funding round. The company plans to use the capital to expand its product portfolio beyond corporate health insurance, entering areas such as motor insurance, leasing, general insurance, and other AI-powered enterprise risk solutions.

mb.io, the digital asset platform from MultiBank Group, has integrated Botim to enable UAE-based users to fund their crypto accounts directly within the mb.io trading app, using Botim’s payment flow to streamline the funding process.

Emirates NBD Egypt is set to acquire HSBC Egypt’s retail banking business, transferring the bank’s retail loans, deposits, accounts, and supporting employees to the UAE banking group. The transaction forms part of HSBC’s broader effort to simplify its operations and focus on its corporate and institutional banking businesses. The parties expect to complete the deal [...]

Commercial Bank of Dubai (CBD) has launched CBD Invest, a digital wealth management platform integrated directly into its existing mobile banking application. The product targets affluent, Elite and Private Banking customers. It offers direct trading of US-listed equities and ETFs alongside consolidated financial tracking.

MoneyHash has integrated its payment orchestration platform with Azm Fintech’s Edaat platform to expand merchant access to Saudi Arabia’s digital payment ecosystem. The partnership enables businesses using MoneyHash to connect to Edaat’s payment gateway and access SADAD KSA alongside local billing and collection capabilities. Through a single integration, merchants can streamline payment acceptance, automate collections, [...] The post MoneyHash Partners With Azm Fintech to Expand Saudi Payment Access appeared first on Fintech News UAE .

The UAE Ministry of Finance has integrated the Aani instant payment platform and the Jaywan domestic card scheme into its collection channels for federal service fees and fines. The ministry is the first federal entity to implement the systems, paving the way for other government entities and collection banks to roll out the platforms in [...] The post UAE Ministry of Finance Adopts Aani and Jaywan for Federal Fee Payment appeared first on Fintech News UAE .

Leading fintech company FinVolution Group met with senior leadership of PTCL Group, Pakistan’s largest integrated telecommunications and ICT company, at Mobile World Congress (MWC) Shanghai 2026 to discuss how credit technology can accelerate financial inclusion in Pakistan. The PTCL Group delegation was led by Hatem Bamatraf, President & Group Chief Executive Officer of PTCL & [...] The post PTCL Group Meets FinVolution on Credit Tech for Financial Inclusion in Pakistan appeared first on Fintech News UAE .

Digital payments company Pyypl has appointed Mustafa Amralla to strengthen its compliance and financial crime function as the company expands its regulatory capabilities across regional markets. Pyypl operates across regulatory frameworks overseen by the Financial Services Regulatory Authority (FSRA) in Abu Dhabi, the Central Bank of Bahrain, and the Astana Financial Services Authority within the [...] The post Pyypl Appoints Mustafa Amralla in Compliance and Financial Crime Role appeared first on Fintech News UAE .

du Pay has launched Flexi Cash Loan, a digital lending product that offers eligible customers up to AED 5,000 in short-term credit. The service targets customers with limited access to traditional banking products, including blue-collar workers, expatriates, and young professionals in the UAE. The company is introducing Flexi Cash Loan in phases, initially making it [...] The post du Pay Introduces Short-Term Digital Loans of Up to AED 5,000 appeared first on Fintech News UAE .

Mawarid Finance and KamelPay have launched AbsoluteCard, a new corporate payment solution for businesses in the UAE. Powered by Mastercard and issued by Mawarid Finance, the product marks KamelPay’s expansion from workforce payments and salary processing into broader corporate expense management. The solution gives organisations real-time visibility and control over business spending, allowing companies to [...] The post Mawarid Finance and KamelPay Roll Out AbsoluteCard for Corporate Payments appeared first on Fintech News UAE .

KamelPay has received Stored Value Facilities (SVF) and Retail Payment Services (RPS) licenses from the Central Bank of the UAE (CBUAE), allowing the UAE-born fintech to operate regulated payment services under the country’s payment framework. The approvals place KamelPay among a select group of fintech companies authorised to operate regulated payment services under the CBUAE [...] The post KamelPay Secures CBUAE Licenses to Operate Regulated Payment Services appeared first on Fintech News UAE .

Spend management platform Pemo has received in-principle approval for a Stored Value Facility (SVF) license from the Central Bank of the UAE (CBUAE). The approval will allow the company to hold and manage business funds digitally once the full licensing process is completed. Pemo expects to secure the final license in the coming months. The [...] The post Pemo Moves Closer to SVF License with CBUAE In-Principle Approval appeared first on Fintech News UAE .

Emirates has launched Crypto.com Pay as a payment option for eligible UAE residents booking flights through its website and mobile application. Customers with a Crypto.com account can now select Crypto.com Pay at checkout for eligible bookings priced and settled in AED. Desktop users scan a QR code on the booking page and approve transactions through [...] The post Emirates Launches Crypto.com Pay for UAE Flight Bookings appeared first on Fintech News UAE .

UAE telecom provider du has launched a digital transformation playbook for SMEs in collaboration with Huawei UAE. This guide outlines ways SMEs can enhance cash flow, improve payment experiences, and strengthen operational resilience through digital tools. The playbook, titled From Set Up to Set for Growth, is based on a digital transformation study involving face-to-face [...] The post du and Huawei Launch SME Digital Playbook to Improve Business Operations appeared first on Fintech News UAE .