UMO TECH

Tamara Secures UAE Central Bank Licence — A New Chapter in Regional Fintech Expansion Tamara has secured Central Bank of the United Arab Emirates (CBUAE) approval, enabling it to scale its regulated services across the UAE’s fintech ecosystem. Founded in Saudi Arabia, Tamara has become a leading fintech player in the Gulf region. With this licence in hand, the company is ready to deepen partnerships with merchants, enhance consumer access to flexible payment solutions and continue its product evolution—all while aligning with the UAE’s Vision 2031. This milestone isn’t just significant for Tamara—it reflects the broader momentum of fintech growth and regulatory maturity in the UAE. For industry professionals, it underscores that regulated fintech infrastructure is moving from niche to mainstream. #Fintech #UAE #Regulation #Payments #DigitalFinance #GCC #Tamara #CBUAE #Growth #Innovation

We’re here at GITEX GLOBAL Largest Tech & Startup Show in the World, where innovation meets scale and the future of tech and business unfolds. From AI and Web3 to cybersecurity and digital finance, the energy is unmatched. It’s inspiring to see so many forward-thinking companies, partners, and founders shaping what’s next. Excited to connect, explore new synergies, and contribute to the next wave of tech transformation. #Fintech #AI #Web3 #Cybersecurity #DigitalInnovation #StartupEcosystem #TechLeadership #GITEX #DubaiTech #FutureOfFinance #Blockchain #CloudComputing #SmartEconomy #TechTransformation #LetsTalkFuture

Wise Secures Central Bank Approval in the UAE — Expanding Global Reach Wise has taken a major step forward in its global expansion, receiving regulatory approval from the Central Bank of the UAE to operate under two key licences: - Stored Value Facility (SVF) - Retail Payment Services – Category II This regulatory milestone unlocks the opportunity for Wise Account and Wise Business to officially launch in the UAE — one of the world’s most dynamic remittance and business hubs. With a population made up of over 200 nationalities and $40 billion+ flowing across borders annually, the UAE is a strategic market for international payments. Wise’s entry brings a much-needed offering: fast, low-cost, transparent financial services for both individuals and businesses. Globally, Wise now supports 15M+ customers, handles $48B in quarterly cross-border volume, and holds $28B in customer funds — all while continuing to build one of the most compliant and borderless payment infrastructures. The UAE approval adds to the company’s 70+ licences worldwide, reinforcing its commitment to regulated expansion. Earlier this year, Wise secured in-principle authorisation in India and expanded investment services in Australia. As regional fintech ecosystems mature, Wise’s move into the UAE is not just an expansion — it’s a sign of growing regulatory confidence in modern cross-border infrastructure. #Wise #Fintech #UAE #DigitalPayments #Remittances #CrossBorderPayments #RegTech #GlobalExpansion #StoredValueFacility #RetailPaymentServices #MoneyTransfers #FinancialInclusion #OpenBanking #PaymentInnovation #MENA #FintechNews #Licensing #CBUAE

Just wrapped up an incredible week at TOKEN2049 Singapore — the epicentre of Web3 innovation in Asia. Being part of TOKEN2049 Week gave us the opportunity to connect with fellow builders, investors, founders, and visionaries shaping the future of decentralised finance, crypto infrastructure, and digital assets. From thought-provoking panels and groundbreaking announcements to powerful side events and one-on-one conversations — the energy was unmatched. #TOKEN2049 #Singapore2025 #Web3 #CryptoInnovation #DigitalAssets #BlockchainEcosystem #FintechAsia #DeFi #TokenEconomy

What’s Really Shaping the Future of Payments in 2025? The payments ecosystem is evolving quickly — not just technologically, but strategically. It’s no longer about processing transactions in the background. It’s about owning the entire customer journey, improving margins, and staying compliant in a world of real-time expectations. Here’s what we’re seeing as the most defining trends going into 2025: Speed is Essential Customers and businesses alike expect transactions to clear instantly. Real-time payments (RTP) and dynamic fraud prevention are no longer optional — they’re the new baseline. Payments are Becoming Invisible Embedded finance is now the preferred experience. Businesses are looking to control every touchpoint — from checkout to settlement — without redirecting to third parties. Cross-Border is Getting Smarter As global trade continues to expand, legacy systems are being replaced by smarter FX routing and multi-currency wallets. The key is balancing efficiency with local compliance. Security First Tokenization is rapidly replacing raw card data. Businesses are prioritising secure infrastructure that’s scalable and compliant with global standards. BNPL is Expanding — and Facing Scrutiny From B2B to healthcare, Buy Now Pay Later is diversifying. But with new use cases comes new regulation, requiring providers to build in transparency and responsible underwriting. AI is Embedded in the Stack Machine learning now plays a role in everything from risk scoring to payment routing. It’s not just about automation — it’s about intelligent optimisation. Compliance is Non-Negotiable With payments touching on banking, privacy, and international law, regulation will continue to increase. Those who invest early in modular compliance systems will be best prepared. Payments are now a competitive edge. Businesses that treat them as a core product — not just infrastructure — will be best positioned to adapt, personalise, and grow in 2025. #DigitalPayments #FintechTrends #EmbeddedFinance #Tokenization #RealTimePayments #BNPL #AIinPayments #CrossBorder #Compliance #Payments2025

Openbank Expands into Crypto — Seamless Access Backed by Santander Openbank, the digital banking arm of Grupo Santander, has taken a significant step into the world of digital assets by enabling cryptocurrency trading directly within its platform. German customers can now buy, sell, and hold Bitcoin, Ethereum, Litecoin, Polygon, and Cardano — all without leaving the Openbank ecosystem. The service will soon be available in Spain, with more cryptocurrencies and features like crypto-to-crypto conversion on the roadmap. What sets this launch apart is not just convenience, but trust. Backed by Santander and compliant with MiCA (Markets in Crypto-Assets Regulation), Openbank offers an integrated, regulated experience for those entering or expanding in digital finance. With competitive fees and no custody charges, Openbank is positioning itself as a secure gateway for traditional investors looking to diversify into crypto — all while sitting inside a fully licensed European financial institution. #CryptoBanking #Openbank #Santander #Fintech #MiCA #DigitalAssets #Web3 #Innovation #FinanceTransformation #DigitalBanking #CryptoEurope

Frogfort Tech at Money20/20 Middle East 2025 We are pleased to share that Frogfort Tech will be attending Money20/20 Middle East, taking place on 15–17 September 2025 in Riyadh, Saudi Arabia. Our team will be present throughout the event and ready to connect with partners, peers, and industry professionals interested in shaping the future of finance and technology. If you are also attending, let’s connect. #Money2020MiddleEast #Fintech #Innovation #Riyadh2025 #Networking

Commemorating Prophet Muhammad’s Birthday On the occasion of Prophet Muhammad’s Birthday, we extend our sincere greetings to our partners, colleagues, and communities around the world. May this day be a reminder of values that unite us all—peace, compassion, and mutual respect. We wish you prosperity, harmony, and blessings on this meaningful occasion. #Mawlid #ProphetMuhammadsBirthday #CorporateGreetings #Peace

Stablecoins are no longer a side note—they’re entering the core strategy of payments players. In Q2 2025, more than half of major companies mentioned stablecoins for the first time in their earnings calls. Remitly alone cited them 38 times. Visa, Payoneer, Western Union, Citi, and PayPal are all now publicly in the conversation. The message is clear: the industry has shifted from asking if to deciding how stablecoins will be used. #Stablecoins #Fintech #Payments #DigitalAssets #Banking

Airwallex + Pipe: Accelerating Global Scale for SMBs Airwallex has announced a new partnership with Pipe that is set to reshape how small and medium-sized businesses access financial tools worldwide. Pipe will leverage Airwallex’s global payments and financial infrastructure to expand into new markets quickly—cutting launch timelines to just a few weeks. This integration also unlocks same-day and next-day payouts, providing businesses with faster access to working capital. The partnership highlights the growing importance of embedded finance: giving companies the ability to scale faster, reduce complexity, and deliver seamless cross-border solutions without reinventing their infrastructure. As Pipe enters markets such as the UK, Canada, and Australia, Airwallex is reinforcing its position as a trusted backbone for fintechs aiming to operate globally. #Fintech #Partnerships #GlobalPayments #EmbeddedFinance #Airwallex #Pipe