UAE
India’s PhonePe gets in-principle UAE approval for two payment licenses
India's PhonePe has received in-principle approval from the UAE central bank for two payment licenses, moving it closer to locally regulated operations in its first overseas market.
UAE’s Fasset raises $68M Series C at $1B valuation, led by Japan’s SBI
The UAE-based Fasset, a stablecoin-based digital banking platform, has raised $68 million in a Series C funding round that valued it at $1 billion, led by Japan's SBI Group.
Dubai’s reward platform Bundle raises $5.5M pre-seed, to expand to Singapore, Philippines, Vietnam
Dubai-based Bundle, a networked rewards platform that allows businesses to pool their marketing budgets into shared prize funds, has raised $5.5 million in a pre-seed funding round led by Ethereal Ventures and Further Ventures.
Hong Kong’s OneDegree & Dubai Insurance Company begins issuing digital asset custodial risk insurance in UAE
OneDegree and Dubai Insurance announced their partnership last year and have supported many digital asset companies with their insurance needs.
