Daleel becomes Middle East's first financial marketplace to integrate Binance cryptocurrency products
Daleel will become the first financial marketplace in the Middle East to present and compare information on cryptocurrency products alongside traditional financial services such as credit cards, loans and mortgages.
This will ensure that users of Daleel's platform benefit from greater choice, the ability to seamlessly explore and access a wider range of financial products, while bridging the gap between traditional banking and digital assets. Recent studies indicate that crypto adoption and demand is high in the region, with nearly a third of residents in the UAE alone already owning digital assets.
Tameem Al Moosawi, Binance Bahrain GM, commented: 'Cryptocurrency is being embraced around the world and providing access and visibility to crypto within a marketplace alongside traditional financial services will further legitimize crypto as an asset class. By adding cryptocurrency into everyday financial decision-making, we're not just offering more choice, we're defining what the future of finance looks like for millions of customers across the Middle East.'
PK Shrivastava, CEO at Daleel said, 'We're proud to be the first Middle East marketplace to offer crypto pricing from Binance, the largest crypto exchange. Through Daleel, customers in the Middle East will be able to access transparent information about cryptocurrency right alongside more traditional financial products.'
As the leading financial marketplace in the region, Daleel has access to real consumer insight and requirements which can be utilized to enhance its offerings. Daleel will continue to explore opportunities to expand their offerings in the cryptocurrency space.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Daily Tribune
26-07-2025
- Daily Tribune
UAE overtakes UK in global fintech investment rankings
The United Arab Emirates has surged into second place globally for fintech investment, displacing the United Kingdom for the first time on record. This sharp jump follows a $2 billion investment by MGX into the cryptocurrency exchange Binance, propelling the UAE ahead of its traditional Western rival. The United States retained its top spot with $11 billion raised through over 100 deals in the first half of 2025. The UAE secured $2.2 billion, while the UK lagged slightly behind at $1.5 billion. Power shift The rankings, released based on the latest global fintech market data, reflect a significant shift in global capital flows. The UAE's rise was driven by a single but substantial deal, signalling how strategic investments can rapidly transform national standings in high-growth sectors. India came close to overtaking the UK as well, collecting $1.4 billion and highlighting a narrowing gap in the global fintech hierarchy. Singapore followed with $798 million, while France and Germany raised $693 million and $668 million respectively. Fintech gains pace Despite uneven investment figures, the fintech sector as a whole is showing signs of maturity. Global fintech revenues grew by 21 percent last year, significantly higher than the 13 percent rise seen in 2023. A study by Boston Consulting Group notes that the sector has entered a new phase, with fintech revenues expected to triple those of traditional finance institutions by 2024. The UAE's new position in the rankings underscores a growing trend of non-Western economies gaining ground in the financial technology space. As funding patterns shift and the sector matures, global leadership in fintech is no longer confined to legacy power centers.
Gulf Insider
23-07-2025
- Gulf Insider
How to Set Up a Crypto Inheritance Plan
A crypto inheritance plan is vital because losing private keys or seed phrases can permanently make assets like Bitcoin, Ether and NFTs unrecoverable. A strong inheritance plan includes asset inventories, secure access instructions and a trusted executor, ensuring heirs can safely and legally access holdings. Privacy must be protected using encrypted files, sealed documents or decentralized identity tools rather than exposing sensitive details in public wills. Balancing custodial and non-custodial solutions helps secure assets while simplifying transfers, avoiding mistakes like storing everything on exchanges or sharing keys insecurely. If you hold digital currencies like Bitcoin BTC$118,426 and Ether ETH$3,692, it is essential that you create a clear and well-thought-out inheritance plan to prevent your crypto from going down the drain once you are not around. Unlike traditional bank accounts, cryptocurrencies are controlled entirely by private keys and seed phrases (regardless of whether they're stored in hot or cold wallets), and losing these keys means the assets become permanently unrecoverable. Each year, cryptocurrency worth millions of dollars is lost due to forgotten passwords, misplaced wallets or heirs unsure how to proceed with crypto assets. Traditional wills often fail to adequately address digital assets, resulting in possible legal complications or permanent loss. A carefully designed crypto inheritance plan addresses these challenges, ensuring your assets remain secure and accessible to your beneficiaries as you intend. This article discusses what makes it imperative for you to have a crypto inheritance plan, components of such a plan, ways to protect privacy while planning, crypto death protocols and a lot more. If you own cryptocurrency, creating a crypto inheritance plan is essential. Unlike traditional bank accounts, cryptocurrencies are often self-custodied, meaning only you hold the private keys or seed phrases. If you pass away without sharing this information, your assets could be lost forever. A digital asset will ensure proper sharing of altcoins and Bitcoin private keys after death. Around 1.57 million Bitcoin are likely lost, which is approximately 7.5% of the total supply of Bitcoin (it has a fixed upper limit of 21 million BTC). Traditional wills often fail to address cryptocurrency-related requirements, and heirs may lack the technical skills to access or manage digital wallets. Also read: Binance Launches World's First Sharia-compliant Multi-token Cryptocurrency Staking Platform
Gulf Insider
22-07-2025
- Gulf Insider
Botim Unveils New Brand Identity, User Interface
botim, Astra Tech's flagship fintech-first platform in the MENA region, has launched a refreshed brand identity and upgraded user interface as it seeks to expand its global user base of over 150 million. Initially built as a VoIP platform, botim has grown into a fintech-first, AI-native app by integrating financial features aimed at supporting its evolving user community. From January to May 2025, the platform recorded a 50 per cent increase in monthly active wallet users. The updated interface is designed to be faster and more intuitive, with a structure intended to simplify user interaction with its main services including payments, transfers, lending, and calling. Dr. Tariq Bin Hendi, Board Member at Astra Tech and CEO of botim, said: 'botim has always been a trusted platform for meaningful connection but is much more. With this update, we're reinforcing our position as a fintech-first platform, built on a foundation of secure VoIP, and designed with simplicity at its core. We've streamlined the experience to meet the needs of a growing user base that expects more not just from communication, but from the way they interact and manage their financial services as well.' The launch comes as the UAE's population reaches an all-time high of 11.22 million in 2025, according to Worldometer. botim is positioning itself as a platform for this growing community, combining communication and financial tools in a single solution. The app's evolution from a local service to a globally scalable product reflects growing demand for embedded financial services such as peer-to-peer transfers and lending. These services aim to support everyday financial needs of users regardless of location. botim's AI-native base supports features including real-time translation, smart call filters, and an interactive in-app chatbot. These tools are intended to support the needs of a multilingual user base. The redesigned interface is built around real user behaviour, allowing users to carry out actions such as payments, transfers, lending, and calling. Navigation has been restructured, with services segmented clearly to support ease of access for mobile-first users. The app is designed to adapt to different user profiles, from first-time users to VIPs. Financial tools can now be accessed directly within chat with one click. Enhancements in call quality and the AI chatbot are also part of the update. The new design offers greater responsiveness and clarity, structured to meet the needs of a growing, digital-first audience. This marks the beginning of a broader brand shift for botim. The platform plans to introduce a more integrated identity across its financial services, moving towards a connected fintech-first ecosystem. Also read: Binance Launches World's First Sharia-compliant Multi-token Cryptocurrency Staking Platform
