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2025 Middle East tech trends: How CIOs will drive innovation with AI

CIO

The Middle East is rapidly evolving into a global hub for technological innovation, with 2025 set to be a pivotal year in the regions digital landscape. AI and machine learning are poised to drive innovation across multiple sectors, particularly government, healthcare, and finance.

Trends 158
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Nigerian fintech Appzone raises $10M for expansion and proprietary technology

TechCrunch

Africa’s fintech space has gained proper attention over the past few years in investments but it is not news that startups still battle with offering high-quality products. Appzone is a fintech software provider. Appzone is a fintech software provider. Appzone clearly plays a different game from other African fintechs.

Fintech 363
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Nigerian blockchain payments startup Bitmama closes $2M pre-seed as it scales to new markets

TechCrunch

Despite African governments’ inconsistent stance on cryptocurrencies, these countries house most of the continent’s crypto and blockchain startups. Chief executive officer Ruth Iselema founded the Africa-focused blockchain payments startup in 2019. One thing which is the backbone of Bitmama is that we are very innovative.

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For Fintech, 2024 Was A Year of Hype, Hustle and Hard Truths. What’s Next In 2025?

Crunchbase News

By Katherine Maslova This has been a year of rapid progress and high expectations for the fintech sector. True AI-powered innovation such as adaptive financial modeling or real-time fraud prevention remains limited. Given the sensitivity of the industry, regulators worldwide have intensified fintech scrutiny.

Fintech 103
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Digital securities platform iSTOX closes $50 million Series A to make private equity accessible to more investors

TechCrunch

Founded in 2017 and owned by blockchain infrastructure firm ICHX, iSTOX’s goal is to open private capital opportunities, including startups, hedge funds and private debt, that are usually limited to a small group of high-net-worth individuals to more institutional and accredited investors. (It million in funding.

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Paystand banks $50M to make B2B payments cashless and with no fees

TechCrunch

The Scotts Valley, California-based company is using cloud technology and the Ethereum blockchain as the engine for its Paystand Bank Network that enables business-to-business payments with zero fees. She told TechCrunch that while the venture firm is a generalist, it is rooted in fintech and fintech infrastructure.

B2B 362
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Social investment platform eToro to acquire fintech startup Gatsby for $50M

TechCrunch

Multi-asset social investment network and Robinhood competitor eToro has signed a definitive agreement to acquire Gatsby — a fintech startup which also aimed to go head to head against Robinhood — for $50 million in a cash and common stock deal. Q3 outlook forecasts cloudy days ahead for fintech M&A.

Fintech 262