Press Release

Discover official fintech press releases, startup funding, product launches, banking announcements, partnerships, and industry news across the UAE.

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Spare and Rewa Partner to Drive Digital Rental Payments and Advance Dubai’s Paperless Real Estate Vision

by RUDRI MEHTA June 24, 2026

June 24, 2026

Open Finance infrastructure UAE pioneer Spare has announced a strategic partnership with Rewa, a prominent local proptech platform. The collaboration is set to revolutionise digital rental payments in Dubai, offering …
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Sovra Raises over $2M Pre-Seed to Launch Self-Custodial Global Dollar Account Platform Across MENA

by RUDRI MEHTA June 16, 2026

June 16, 2026

Sovra, an innovative financial technology company building a self-custodial global dollar account platform, has officially closed an over $2 million pre-seed funding round. The investment round was led by Pharsalus …
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Gulf Capital Completes 10x Exit from ECLAT Health Solutions via Management Buyout

by RUDRI MEHTA June 9, 2026

June 9, 2026

Gulf Capital has officially completed its successful exit from ECLAT Health Solutions (ECLAT). The transaction, structured as a Management Buyout (MBO), returns full ownership of the leading healthcare revenue cycle …

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