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6
Oct

The UAE is an increasingly important fintech hub

On Oct. 1, Ripple announced it had received in-principle license approval from the Dubai Financial Services Authority (DFSA), an important step in the process of gaining a full license in the city. When it gains full approval, Ripple will be able to provide cross-border payment services in the Dubai International…
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7
May

Gulf countries build up fintech ecosystems

In recent years, several Persian Gulf countries have stepped up their efforts to become fintech hubs in the Middle East. While the United Arab Emirates (UAE) has the largest fintech ecosystem and is the country in the region with the most aggressive digital assets strategy, both Bahrain and Qatar are…
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14
Feb

Why the UAE is progressing as a fintech hub

2023 was a challenging year for the fintech sector, with funding dropping precipitously in most parts of the world. However, the United Arab Emirates (UAE) managed to defy this negative trend. While overall investment in fintech firms decreased 48% year-on-year to US$51.2 billion in 2023, the UAE’s funding jumped 92%…
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Established in 2007, Kapronasia, an Atlas Technologies Group Company, is a leading consulting and market research firm specializing in fintech, banking, payments, and capital markets. Our services aim to equip clients across the region with the necessary insights to capitalize on their most valuable opportunities and maintain a competitive edge in the market.

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