Fintech

Cairo-based payment startup Paymob has raised USD 3.5 million investment in a round led by Dubai’s Global Ventures and Dutch Entrepreneurial Development Bank FMO, with the participation of existing in

The total value of all known unicorns based in India is USD 73.2 billion, while the value of unicorns founded overseas by Indians sums up to USD 99.6  billion.

By 2025, China’s online mutual aid industry is expected to reach 450 million users, or nearly 32% of the country’s population, three times the number of current users.

With shipping giant CMA CGM, Incomlend is digitizing bills of lading, an essential document in trade finance.

Chinese ride-hailing giant Didi Chuxing has already entered into a ‘strategic partnership’ with the central bank over the sovereign digital currency plan.

India banned 47 more Chinese apps including Xiaomi’s Mi Browser Pro and Baidu Search.

Indonesia has the third-largest unbanked population in the world after China and India, much of which is concentrated in rural communities.

Startupbootcamp, which already operates Dubai’s Smart City Accelerator and Qatar’s SportTech Accelerator, establishes headquarters in Dubai.