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Mamo, the UAE-based FinTech, receives greenlight from DIFC


Mamo, the UAE-based FinTech, receives greenlight from DIFC
Community News
30 Jun 2021 09:00 am
Dubai,UAE, 30 June 2021  Mamo, the UAE-based FinTech company, has been granted an Innovation Testing Licence to operate in or from Dubai International Financial Centre (DIFC), the global financial centre and leading FinTech hub in the MEASA region. The licence has been granted by the Dubai Financial Services Authority (DFSA) to carry out the regulated activity of Providing Money Services. The licence allows Mamo to test its products and services in a rapidly growing market under conditions defined by the DFSA.
In a nutshell:
●The Peer-to-Peer (P2P) payments space will grow from $ 22Bn in 2019 to $115Bn (almost 5x) by 2023 for the Middle East as a whole; ....

United Arab Emirates , Salmaan Jaffery , Mohammed El Saadi , Money Services , Dubai Financial Services Authority , Dubai International Financial Centre , Business Development , Innovation Testing Licence , Providing Money , Middle East , Alrajhi Partners , Olive Tree Capital , Chief Business Development Officer , Mamo Pay , ஒன்றுபட்டது அரபு அமீரகங்கள் , பணம் சேவைகள் , துபாய் நிதி சேவைகள் அதிகாரம் , துபாய் சர்வதேச நிதி மையம் , வணிக வளர்ச்சி , கண்டுபிடிப்பு சோதனை உரிமம் , வழங்குதல் பணம் , நடுத்தர கிழக்கு , ஆலிவ் மரம் மூலதனம் , தலைமை வணிக வளர்ச்சி அதிகாரி , மாமோ செலுத்த ,