March 22, 2019

10 UAE-Based FinTech Startups You Don’t Want to Miss

The UAE is leading the Middle East in terms of FinTech startup concentration. The country is continuously focusing on strengthening its position as a FinTech destination through initiatives such as crypto forums, sandbox, blockchain, strategy, and others. The market is optimistic about the UAE’s emergence as FinTech hub for the larger geography. Here is a list of 10 UAE-based FinTech startups you don’t want to miss: Channel VAS was founded in 2012 and has raised $49.8 million in total funding. The company leverages big data and analytics to provide mobile financial and air-time credit services, enabling users to avail credit facilities through their network operators. Cash Credit was founded in 2011 and has raised $25 million in total funding. The company is NBFC which offers instant microcredit up to BGN 2,000 through mobile subscribers against an identity card. Aqeed was founded in 2016 and has raised $18 million in total…

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