Author: daniyal
Driving Purpose-Led Innovation in Fintech
In May, I had the opportunity to moderate a session at Seamless Middle East titled ‘Going everywhere your customers go: embracing digital wallets, BNPL, and POS systems!’ It was an insightful conversation on how payments are evolving and what that means for the future. We explored the rise of super apps, the growing role of […]
How to send money without a bank account in the UAE
Send money home from the UAE without a bank using low-fee apps and prepaid cards. Dubai: In the UAE, not everyone qualifies for a traditional bank account, particularly domestic workers, freelancers, new arrivals, and blue-collar employees who may not meet minimum salary requirements. But that doesn’t mean they’re shut out of essential financial services. International money […]
Banking on inclusion: How tech is reshaping financial access in the GCC
“Governments, regulators, fintech innovators, employers and civil society must work together to ensure that no one is left behind” – says MyZoi’s CEO. In the bustling cities and vast deserts of the Arab world, a quiet transformation is taking place, one that doesn’t always make headlines but has the power to change lives. It’s the […]
Diversity or Diversion? Impact of D&I in Tech
The three Ds – Data, Digital, and Diversity. Over the past few years, the three D’s have dominated the focus of high performing businesses: Diversity, Data, and Digital. These themes have been the center stone of people and business strategies across the globe, as companies compete for talent and strive to secure a competitive advantage […]
myZoi and SC Ventures at Dubai Fintech Summit 2024
Watch Mark Dymock, Managing Director of SC Ventures, and Syed Muhammad Ali, CEO of myZoi, at the Dubai Fintech Summit 2024 as they discuss about promoting financial inclusion for the underbanked with myZoi. This insightful discussion features how myZoi is providing essential financial services to the underbanked blue collar workers, empowering them to participate fully […]
MyZoi launches UAE’s first inclusive digital wallet
Championing social impact for the underbanked Press Release July 17, 2024 RELATED TOPICS TECHNOLOGY UAE – myZoi, an innovative fintech focused on financial inclusion and financial literacy for the underbanked has launched the first inclusive digital wallet. This follows a successful fundraise of $14 million from SC Ventures and SBI Holdings and obtaining two regulatory licenses […]
myZoi wants to make remittances less costly for migrant workers
Money sent home by migrant workers not only helps their families, but also enables entire economies to develop. But transferring money comes at a high cost to workers, with remittance fees averaging about 6.5%. MyZoi wants to cut fees by more than half, starting with the five million low-income migrant workers in the United Arab Emirates. MyZoi (which […]