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    Tarabut, the first and largest regulated open banking platform in MENA, acquired London-based Vyne, a real-time A2A payments platform for internet enterprises. This strategic purchase, sanctioned by the Saudi Central Bank (SAMA) and the UK's Financial Conduct Authority (FCA), strengthens Tarabut's capabilities to provide speedier, more accessible, and more linked financial services regionally and globally.

    Dubai-Based Tarabut has Acquired with Vyne

    Team SR -
    The global leader in compliance and payment solutions, Eastnets, has Partnered with Payments Technology Facilitator, Simpaisa, to improve fraud protection and regulatory compliance throughout its expanding digital payments network.

    Dubai-Based Eastnets Regional Partnership with Simpaisa

    Team SR -
    Cercli, the unified contemporary platform for MENA firms to hire, manage, and pay their global workforce, raised $4 million in a seed round led by Silicon Valley-based Afore Capital. This milestone deal marks Afore's MENA debut with $150 million fund III backing.

    [FUNDING NEWS] Dubai-Based Cercli has Secured $4 Million in Seed Round...

    Team SR -
    Ziina, the UAE's premier financial platform for consumers and businesses, raised $22 million in Series A funding sponsored by Altos Ventures.

    [FUNDING NEWS] Dubai-Based Ziina has Secured $22 Million in Series A...

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    Leading digital B2B payments provider in India, PayMate, has announced that it will be launching the PayMate BBPS-B2B platform in Partnership with NPCI Bharat BillPay Ltd. (NBBL).

    India-Based Paymate has Partnered with NPCI Bharat BillPay

    Team SR -
    Leading integrated global energy player ENOC Group and well-known Lahore-based oil marketing company FPPL (Flow Petroleum Private Limited) Partnership agreement to allow the UAE's top-tier lubricants brand to be distributed in Pakistan. With this arrangement, ENOC is taking a calculated risk in increasing its market share and solidifying its position internationally.

    Dubai-Based ENOC Partnership Agreement with Flow Petroleum Private Limited

    Team SR -
    The premier supplier of digital asset infrastructure, Bitpanda Technology Solutions (BTS), has named Nadeem Ladki as its global head of business. Ladki, who joined the firm three months ago to help BTS expand in the United Arab Emirates, will now oversee Bitpanda's B2B business globally and will answer to CEO Lukas Enzersdorfer-Konrad.

    Nadeem Ladki has been Hired as Bitpanda Technology Solutions’ Global Head...

    Team SR -
    Dubai-based EDaddy, which makes two-wheeler electric vehicles (EVs), raised US$15 million. The investment would boost E Daddy's EV manufacturing efforts in the UAE, GCC, and Africa.

    [FUNDING NEWS] Dubai-Based E Daddy has Secured $15 Million in Funding

    Team SR -
    Myco, a UAE-based Web3 streaming platform, raised $10 million from leading venture investors in MENA, North America, and Europe in its first Series A fundraising.

    [FUNDING NEWS] Dubai-Based Myco Secures $10 Million in Series A Round...

    Team SR -
    Lead by Sophia Collective and NKHEL, Nithin and Nikhil Kamath, the UAE-based e-commerce platform Powder Beauty has closed its pre-Series A investment round at an undisclosed valuation. Maha Taibah was one of the local angel investors who participated in the round.

    [FUNDING NEWS] Dubai-Based Powder Beauty has Secured Undisclosed Amount in Pre-Series...

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