MoneyHash named a UAE Future 100 winner, recognized for driving innovation in the fintech sector
United Arab Emirates – MoneyHash, the leading payment orchestration platform revolutionizing the Middle East and Africa (MEA) region, today announced it has been selected as a UAE Future 100 winner for 2025. This prestigious accolade, a collaborative initiative between the UAE Ministry of Economy and the Government Development and the Future Office, recognizes MoneyHash as one of the top 100 emerging companies significantly enhancing the competitiveness of the UAE's future economic sectors.
Founded in 2021 by Nader Abdelrazik and Mustafa Eid, MoneyHash has rapidly become a pivotal player in the fintech landscape. The company's unified API and streamlined checkout experience address the complexities of payment infrastructure in the MEA region, empowering businesses to thrive.
"We are incredibly honored to be named a UAE Future 100 winner," said Nader Abdelrazik, CEO of MoneyHash. "This recognition is a testament to our team's dedication to transforming payments from a liability into a strategic advantage for businesses operating in emerging markets. We are proud to contribute to the UAE's vision of becoming a global hub for innovation and the new economy."
MoneyHash's selection follows its recent $5.2 million pre-Series A funding round, led by Flourish Ventures, positioning the company for accelerated growth and expanded reach across the MEA region and beyond. The platform tackles critical challenges such as high payment failure rates and fraud risks. By integrating over 300 payment service providers across 100+ markets, MoneyHash enables businesses to efficiently scale their payment operations.
The UAE Future 100 initiative highlights companies from a diverse range of new economy sectors, including fintech, sustainability, creative industries, health technology, and more. MoneyHash's focus on fintech innovation directly supports the UAE's transition towards a flexible, innovation-based economic model, aligning with the "We the UAE 2031" vision.
MoneyHash's current portfolio includes regional unicorns like Tamara and Kitopi, and the company remains dedicated to simplifying and optimizing payment processes for businesses across the MEA region, contributing to the development of the fintech ecosystem and supporting the UAE's vision for a diversified and sustainable economy.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Web Release
an hour ago
- Web Release
Rafeeg Unveils Revolutionary AI Interior Design Tool and Franchise Initiative at GITEX Europe 2025
Rafeeg App, a leading UAE-based platform in the home services sector, made a bold statement at GITEX Europe 2025 with the unveiling of its new AI-powered interior design algorithm, allowing homeowners to professionally design their spaces without hiring interior designers or conducting in-person consultations. The announcement signals a major move toward digital transformation in home design while also setting the stage for Rafeeg's global expansion, starting with Europe. The patent-pending algorithm, currently undergoing the registration process with support from the UAE Ministry of Economy and Khalifa Fund, employs AI to instantly generate high-quality and fully customized interior design concepts based on user input. Without the need for costly site visits or manual layout reviews, the technology significantly reduces the time and the cost that is often associated with home redesign. It is expected to launch publicly by the end of 2025. Rafeeg introduced an innovative franchise pilot program at the event, inviting interested European partners to participate in a fully funded, one-month trial with no obligation to continue afterwards. During the opening days of the exhibition, more than 20 European businesses expressed formal interest in the program. Rafeeg will cover all startup costs during the trial, providing partners with a low-risk opportunity to test the platform in their respective markets. 'We believe that the success of a startup depends on cultivating knowledge, trust, and a seamless operation. This vision is what Rafeeg stands for and presents,' said Khamis Alsheryani, Founder and CEO of Rafeeg. 'We're excited to extend that vision to Europe and beyond.' Founded in 2017, Rafeeg was created to bridge the gap between homeowners and vetted service providers in the UAE. The app currently supports over 140,000 users and a network of 4,500 service professionals, including electricians, interior designers, and renovation specialists. The platform has already processed over AED 50 million in transactions and is celebrated for its focus on quality assurance, affordability, and customer satisfaction. What sets Rafeeg apart is its mission to empower local businesses rather than compete with them. Through comprehensive training programs, operational support, and strict quality control, Rafeeg helps small and medium-sized contractors to scale their operations and elevate their service standards. Their collaborative approach has been a key pillar of the brand's success in the UAE and is central to its strategy for future expansion. The company's participation in GITEX Europe represents a strategic initiative to enter new markets. Supported by the UAE's national innovation agenda, Rafeeg is actively seeking like-minded partners across the Northern Emirates, GCC countries, and key European cities to collaboratively develop the next generation of home services. Entrepreneurs and investors interested in joining Rafeeg's international growth journey can apply for the limited-time franchise trial through or by reaching out to the team at [email protected].
Hi Dubai
8 hours ago
- Hi Dubai
UAE Launches Chief AI Officers Training Programme to Drive Tech Leadership
The UAE Government has launched an executive training programme for Chief AI Officers, marking a major step in strengthening the country's leadership in artificial intelligence and future technologies. Led by the Office of Artificial Intelligence, Digital Economy, and Remote Work Applications, the initiative is run in partnership with the University of Birmingham in Dubai. The programme aims to equip AI leaders across federal entities with advanced knowledge and skills to drive smart transformation across sectors. Minister of State for Artificial Intelligence Omar Sultan Al Olama said the programme reflects the UAE's commitment to investing in talent and building a tech-driven future. 'Empowering leaders with the right tools and knowledge fuels national ambitions and enables innovation,' he said. The two-week training blends academic theory with hands-on learning. Participants explore the latest AI trends, governance frameworks, and real-world applications in areas such as healthcare, cybersecurity, energy, urban development, and entrepreneurship. The curriculum also covers ethics, regulations, machine learning, and generative AI. Chief AI Officers were nominated following a UAE Cabinet decision led by His Highness Sheikh Mohammed bin Rashid Al Maktoum. Selection was based on candidates' ability to lead AI integration within their organisations and align with national strategic goals. Delivered by global experts, the programme also encourages dialogue between UAE officials and international thought leaders, creating space for exchanging insights and best practices. This initiative supports the UAE Artificial Intelligence Strategy 2031 and the broader 'We the UAE 2031' vision, reinforcing the country's position as a global hub for digital transformation and innovation. News Source: Emirates News Agency
Hi Dubai
4 days ago
- Hi Dubai
UAE Launches Future 50 Initiative to Boost Innovation and Economic Growth
H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, has launched the 'UAE Future 50' initiative, spotlighting 50 cutting-edge Emirati startups driving the country's innovation and economic diversification efforts. The initiative, developed by the Government Development and the Future Office in collaboration with the Ministry of Economy, is part of the broader Riyada entrepreneurship ecosystem. It highlights ventures across 15 strategic sectors including fintech, healthtech, edtech, space, sustainability, smart mobility, and the creative industries. Sheikh Hamdan reaffirmed the UAE leadership's commitment to supporting national entrepreneurs and fostering a startup-friendly environment. He emphasized the role of Emirati innovators in shaping future industries and enhancing the UAE's global competitiveness, aligning with the long-term 'We the UAE 2031' vision. The launch event gathered government officials, business leaders, investors, and entrepreneurs, showcasing the selected startups and their contributions to the future economy. Emirati entrepreneur Faisal Belhoul delivered a keynote speech, underlining the importance of ambition, resilience, and innovation in entrepreneurship. Minister of State for Government Development and the Future Ohood bint Khalfan Al Roumi called the initiative a testament to the UAE's global leadership in future readiness. She highlighted its role in positioning national talent at the forefront of transformative sectors. Undersecretary of the Ministry of Economy Abdullah Al Saleh added that the initiative will accelerate sustainable economic growth by empowering local talent and supporting ventures with high potential. Building on the success of the Future 100 programme, UAE Future 50 aims to nurture a thriving innovation ecosystem and inspire a new generation of entrepreneurs, reinforcing the nation's vision for a diversified and future-ready economy. News Source: Emirates News Agency
