Speer is expanding its open finance infrastructure across Gulf markets, shifting direct bank account payment services to new investment applications. This move strengthens its role as a financial infrastructure provider, moving beyond just traditional open banking services. The company's latest step is a partnership with UAE-based Tabadulats, which will allow investors to fund their investment accounts and withdraw money directly from their bank accounts. This model aims to lower payment costs, speed up money transfers, and boost security and compliance.
Related editorial
CompuScience: A Leading Moroccan Online Store for Tech and Computer Gear
CompuScience offers a wide range of tech products, including laptops, monitors, printers, scanners, storage devices, gaming accessories, cables, adapters, and other electronic essentials. It's your go-to for all things tech!
UAE FinTech Naran Secures $10 Million to Help Gig Economy Drivers Own Vehicles
Naran, a UAE-based FinTech founded in 2025 by Paiskhalan Alekseev and Alexander Gubarev, has just raised $10 million in new funding. The company offers a unique 'lease-to-own' model, making it easier for ride-sharing and delivery drivers to own cars or motorcycles through flexible contracts lasting one to five years. This funding will fuel their expansion and help more drivers achieve vehicle ownership.
Axis Pay: An Egyptian Fintech Success Story Driving Digital Payments with Local Innovation
Axis Pay, an Egyptian fintech company founded in Cairo in April 2021, officially launched its e-wallet by late 2023. It's quickly becoming a key player in Egypt's digital payment landscape, leveraging local technology to offer innovative solutions for both individuals and businesses.
Rasmal Ventures Backs Yuno to Reshape Digital Payments in the Gulf
Rasmal Ventures sees Yuno's core strength in its ability to tackle a major challenge in the payments sector: adapting global infrastructure to meet diverse local market requirements. This strategic investment aims to boost digital payment solutions across the Gulf region, reflecting a growing interest in the region's digital payment infrastructure.