The Dubai-based FOO works with banks, fintech companies, and retailers across the MENA region to offer digital products that enhance business models and customer experience. The company expanded its operations to Saudi Arabia to support digital transformation in this country. By establishing branches in Riyadh, the company will focus on providing solutions for the digital bank, the central bank's digital currency based on blockchain, the issuance of virtual cards and tokenization, and the merchant acceptance platforms.
With their range of fintech solutions, French Skaleet and the Moroccan company Mobiblanc want to play a central role in the digital transformation of the African financial system. Skaleet announced that it is partnering with digital services provider Mobiblanc to expand its digital offering to financial institutions across Africa. Based in Morocco and Tunisia, Mobiblanc operates primarily in the North and West African markets, providing digital solutions and consulting services to clients.
