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As a customer making a purchase, you tap your contactless card, smartphone e-wallet or perhaps even a wearable device on a payment terminal and bingo!… The words ‘payment accepted’ appear and you’re on your way. In 2021 transactions take mere seconds to process, we almost forget about the complex framework operating ‘behind the scenes’ — and let’s face it, the flow can be a little confusing unless you know the lingo, so we’re going to take it step by step.

There are a number of key players involved in the payment flow;

Most people want to be their own boss. That dream of playing by your own rules and not having to answer to any superior is the ultimate dream right? It’s what drives some people to start their very own small business, to turn their passion into a side hustle. And many of them do this while still working their regular 9–5.

Since the COVID-19 pandemic, there’s been a boom in side hustles. Why wouldn’t there be? Many lost their jobs, and many more had to work fewer hours or even remotely. This usually meant more time and less money.


Fintech startups have revolutionized Finance and how people and businesses use and manage their money. Fintech startups are challenging banks and other financial institutions through innovation over diverse economic segments and industries by tackling financial problems and needs.

More commonly referred to as Fintech companies, financial technology companies generally focus on disrupting specific business models through financial innovation. Relying on technology to make business processes simpler, reach broader audiences, or focus on particular customers, they often compete against more traditional economic actors who used less efficient business methods. …

We are already going through one of the most critical metamorphosis in business history — the FinTech evolution. And it’s going to switch banking as we know it.

For short, financial technology, or FinTech, is the innovative use of technology to design and deliver business assistance. It’s changing finance through a broad range of benefits and technologies, from artificial intelligence and blockchain to digital payments and robot-advisors.

Fintechs typically offer “better user experience, lower fees, and a customized focus on clearing up a fixed issue. …

Even though you don’t trade bitcoins and do not know how stocks work, there is still a possibility you have used one or two fintech apps, e.g., online payments or mobile banking solutions. The use of Fintech globally reached an average of 64%. Thus, there is no refusing that technologies will continue to conquer the age-old financial industry. Half of the executives surveyed by Capgemini consider the new entries to be a significant threat to the traditional providers.

But how do you even enroll in Fintech?

With hundreds of startups trying to enter the market every month and the billion-dollar…

Before the COVID19 pandemic, the idea of hiring remote working teams seemed outlandish.

Many employers and business owners preferred the office setup where you could easily supervise and direct your workforce.

Then the pandemic happened.

Social distancing, lockdowns, and other preventive measures caused many organisations to consider the remote working model. Now, the once confusing model has become quite popular. So popular that 97% of employees do not want to return to full-time office jobs.

This has prompted some business owners to operate on a hybrid level. While some, like Twitter, have allowed their employees to go fully remote.


September 2, 2021

The MENA region is filled with a culturally diverse people and vast oil-rich lands. However, the region is also rich in something else, fintech. The fintech industry has seen tremendous growth over the years and is expected to reach a $3.5bn valuation by 2025.

This massive growth isn’t a fluke as several factors have spurred it on. For starters, there’s the fact that 70% of the population are largely unbanked or underbanked and rely heavily on cash. Another factor is the region’s enormous youth population. According to the Population Research Bureau, youths make up 30% of MENA’s…

We’re surrounded by tech. Every day we use some form of technology to make our lives easier. One critical facet is financial management, and the technology which improves this part of our lives is fintech.

If you’ve paid for purchases online or used an app to invest in stocks or crypto, then you’ve used a fintech product. This goes to show how reliant we are on these services.

In fact, as of 2019, at least 75% of consumers globally have used some form of financial technology. Imagine what the number would be now. …

Any company that processes and stores card information must tackle this vital security step… PCI DSS compliance.

But first, what is PCI DSS? The ‘Payment Card Industry Data Security Standard’ council was founded by the large credit card companies (Visa, Mastercard, Amex etc) to tackle the increasing threat of data breaches and to help keep customer data safe. Each credit card company holds their own set of compliance levels.

Depending on your business, you will adhere to one of the following 4 levels;

We only have this earth. There’s no substitute, no extra ball of water, gas, and mud hidden away. So, even though selling your product or service and profiting is essential, you should take some time to think about sustainability.

In fact, making sure your business takes intentional steps towards going green should be a priority. Everyone should do their part in preserving our environment — thick globally, act locally.

And it’s not just about saying that you’re all for saving the planet; it should be evident in your business practices. …

Kosta Du

Co-Founder & CEO of

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