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fintech

Neem joins MENA Fintech Association & The Sustainable Fintech Alliance

by Madaline Dunn 1 year ago

written by Madaline Dunn

Not-for-profit organisation, the MENA Fintech Association, has announced its partnership with Neem, an embedded finance platform.

The MENA Fintech Association was founded back in 2018 and serves both fintech startups and established players across the Middle East and Africa (MEA) region.

Meanwhile, Neem, launched in 2019, offers a banking-as-a-service (BaaS) platform and was founded by fintech entrepreneurs Vladimira Briestenska, Nadeem Shaikh and Naeem Zamindar.

Neem noted that its inclusion in the MENA Fintech Association and the Sustainable Fintech Alliance signifies its commitment to fostering fintech innovation and advancing financial inclusion across the MEA.

It shared that by leveraging the collective expertise, resources, and innovative solutions of both organisations, the alliance is poised to drive change, empower marginalised communities, and unlock new avenues for growth throughout the MENA region.

“Together, they aim to spearhead pioneering initiatives, enhance accessibility to financial services, and catalyze the development of a more inclusive and resilient financial ecosystem for all stakeholders,” the company said.

Nameer Khan, Chairman of MENA Fintech Association, commented: “We warmly welcome Neem to the MENA Fintech Association. With their innovative embedded finance platform and extensive experience in the fintech sector, Neem brings valuable expertise to our diverse community. Together, we look forward to fostering collaboration and driving financial inclusion across the MENA region.”

“It’s an honor for us at Neem to join the industry-shaping and globally recognised MENA Fintech Association. We will actively contribute to its thought leadership, advocacy, and meaningful financial wellness and sustainability initiatives together with other leaders from the region,” added Co-founder at Neem, Vladimira Briestenska.

1 year ago 0 comments

Fils and Aion announce strategic partnership

by Madaline Dunn 1 year ago

written by Madaline Dunn

Digital infrastructure fintech Fils has announced a strategic partnership with banking solutions provider Aion, which is aimed at setting new standards in sustainable finance.

The partnership will leverage Aion’s technical proficiency and Fils’s API-first platform, which will enable financial institutions to integrate multiple products and customised solutions focused on sustainability and climate action, it was noted.

Fils and Aion will collaborate to deliver a range of initiatives for banking clients, including ESG scoring systems, sustainable investment platforms, and green financial products designed to support sustainable economic growth and social welfare.

These initiatives are expected to launch in the coming months.

Nameer Khan, CEO of Fils, explained that the partnership is a key step in its mission to help banks embed ESG values at the core of financial services: “Together, we are poised to introduce innovative solutions that will empower consumers and businesses alike to make more informed, responsible financial decisions that are not only good for customers but for the planet as well.”

Khan also noted that equipping banks with the necessary fintech infrastructure to roll out ESG-centric services “lays the groundwork” for fostering both environmental and financial health throughout the Middle East.

Ashar Nazim, Aion Group CEO, added: “Today we launch our ground-breaking Green APIs from Aion platform. People and businesses in Saudi Arabia, Bahrain and the larger MENA region can now conveniently spend, save and transact in a manner that is beautifully aligned to their ESG values. Joining forces with Fils will accelerate this momentum.”

1 year ago 0 comments

Finance Latest News

Fintech specialist Anna Zeitlin appointed partner at Addleshaw Goddard

by Madaline Dunn 1 year ago

written by Madaline Dunn

Addleshaw Goddard has announced that it has appointed Anna Zeitlin as Partner, with the aim of boosting the firm’s growth trajectory in strategic areas of focus such as financial services and the public sector.

Zeitlin previously served as a Director at PwC and led the Fintech and Financial Services Practice at PwC Legal Middle East.

On the government side, her work has included assisting regional governments in developing their regulatory frameworks, with experience in the financial regulatory space – including working with large GCC free zone authorities in designing digital financial centres and drafting the corresponding regulations.

On the private client side, Zeitlin has advised banks, financial institutions, funds and established fintech companies on their operations’ legal and regulatory compliance in the GCC and the region.

She will be based in Dubai and brings with her from PwC, Slam Ashry, a bilingual Egyptian-qualified Managing Associate and Aqsa Solangi, who is currently a paralegal.

Commenting on the appointment, Robin Hickman, Head of Banking & Finance, Addleshaw Goddard, said: “Fintech represents a critical new pillar of engagement and growth at Addleshaw Goddard Middle East, and we are delighted to welcome Anna Zeitlin to further strengthen the practice in this sector. Her appointment complements our robust portfolio of practices across industries and brings valuable expertise and extensive experience advising on financial services – a specialization that has seen significant growth over recent years in the Middle East and where we are keen to bolster our market presence.”

Anna Zeitlin, Partner, Addleshaw Goddard, added: “The financial services regulatory space is amongst the most promising and fastest-growing sectors in the region – whether for governments, established financial institutions, big ticket corporates or start-ups. There are huge opportunities to support new and existing clients of the firm and I couldn’t be more excited about the possibilities to develop a market-leading fintech practice.”

1 year ago 0 comments