Tokinvest Secures Dubai’s First Full RWA Licence
Dubai, United Arab Emirates: Tokinvest becomes first DMCC firm to get full licence for its RWA marketplace. Today, Tokinvest, a leading company in real asset investment, announced that it has […]
FinTech
Sadq Raises $1 Million from Impact46 to Fuel Expansion
Riyadh, Saudi Arabia — September 29, 2025: Impact46 has announced a $1 million investment in Sadq, a Saudi-based platform specializing in digital signatures, identity verification, and digital workflow automation, as
Fawry Strengthens Its Digital Services Portfolio by Acquiring Dirac Systems
Fawry, Egypt’s leading provider of digital payments and financial technology solutions, has announced the full acquisition of Dirac Systems, a cloud-based platform specializing in HR and accounting solutions for businesses,
Central Bank Gives the Green Light to Three Fintech Companies
The Saudi Central Bank (SAMA) has officially granted licenses to three fintech companies in the financing sector, reinforcing its commitment to driving innovation and building a competitive digital financial ecosystem
Moyasar Signs Strategic MoU with Visa to Enhance Digital Payments
Moyasar Ltd, a Saudi-based leader in electronic payment solutions, has officially announced the signing of a strategic Memorandum of Understanding (MoU) with Visa, the global pioneer in digital payments technology.
“Tamweel Aloula” and “Lean” Partner to Enhance Account Verification
Tamweel Aloula, a leading provider of financing solutions for individuals and businesses, has announced a strategic partnership with Lean Technologies to enable Account Verification Service (AVS) through open banking infrastructure.
Nami and Karage Announce Strategic Partnership
Nami, a leading provider of point-of-sale (POS) services and integrated financial solutions for businesses, has officially announced a strategic partnership with Karage, a specialized provider of digital garage management and
Derayah Financial Signs MoU with Abyan Capital
Derayah Financial Company (“Derayah Financial”) has announced the signing of a memorandum of understanding (MoU) and cooperation with Abyan Capital, on the sidelines of the Money 20/20 Middle East Conference.
Oumla Secures $2.4M Seed Funding Round
Oumla, a Saudi-based innovator in digital asset infrastructure and custody solutions, has announced the successful closure of its $2.4 million Seed funding round, led by Core Vision Investment, with participation
Launch of S60 Accelerator to Empower Fintech Startups
S60 Ventures, a subsidiary of Alistithmar Capital, in collaboration with Fintech Saudi, has officially announced the launch of the S60 Accelerator during the prestigious Money20/20 Middle East conference and exhibition,
SAMA and Ant International Boost Digital Payments
At the Money20/20 Middle East event in Riyadh, the Saudi Central Bank (SAMA) announced the launch of Google Pay across Saudi Arabia, a landmark step that strengthens financial inclusion and
SAMA Opens the Door for Vision Bank’s Digital Launch
The Saudi Central Bank (SAMA) announced today, Monday, its no objection to Vision Bank commencing its digital banking operations in the Kingdom of Saudi Arabia. This approval aligns with SAMA’s
Riyadh Valley Fuels Fintech Innovation with Global Investment
Riyadh Valley Company, the investment arm of King Saud University, has announced a significant investment in FinTech Collective Fund IV (FTC Fund IV), a venture capital fund managed by U.S.-based
Saudi Tamara Nears Landmark $1.4 Billion Financing
Saudi Arabian fintech Tamara is expected to secure at least $1.4 billion in financing from a consortium of lenders led by Goldman Sachs, with CitiGroup and Apollo Global Management also
Eloquent AI Raises $7.4M in Seed Round
Eloquent AI, a pioneering company that enables financial institutions to fully automate and manage their customer service functions using artificial intelligence, has successfully closed a $7.4 million seed funding round
Revolut Enters the UAE: Central Bank Approval Paves the Way for a New Revolution in Digital Payments
Revolut, the global financial super app, has received in-principle approval from the Central Bank of the UAE (CBUAE) for its Stored Value Facilities (SVF) and Retail Payment Services (Category II)
VentureSouq Secures Strong Backing for Second FinTech Fund
VentureSouq, a leading venture capital firm based in the GCC, has officially announced the close of its second FinTech Fund (FinTech Fund II), reinforcing its role as one of the
Future Fund of Oman launches SME Lending Portfolio
The Future Fund of Oman (FFO), an affiliate of the Oman Investment Authority, has announced the launch of a new lending portfolio dedicated to supporting small and medium enterprises (SMEs).
Orbii secures $3.6M to expand SME credit solutions
Riyadh-based credit infrastructure startup Orbii has raised $3.6 million in seed funding, led by Prosus Ventures, with participation from VentureSouq, DASH Ventures, Taz Investments, and Sanabil 500. Founded in 2024
Second Batch of Sanabil Accelerator by Orbit to Showcase in Riyadh
Riyadh, Saudi Arabia – Sanabil Accelerator by Orbit, a joint initiative between Sanabil Investments, wholly owned by the Public Investment Fund, and Orbit Startups, has announced the Demo Day for
Money20/20 Middle East Unites Banking Giants and FinTech Innovators in Riyadh
Money20/20 Middle East has announced its founding partners and key sponsors for the inaugural edition set to take place in Riyadh from 15–17 September 2025, bringing together top global financial
Bokra Leads the Future of Sharia-Compliant Digital Savings in Egypt & Beyond
Bokra, the MENA region’s first Sharia-compliant digital savings and investment platform backed by real assets, announced the strategic relaunch of its mobile application, introducing enhanced features for individuals and businesses
Drahim to Launch Business Platform at Money20/20 to Expand Investment Solutions
Drahim has announced its plans to launch the “Drahim Business Platform” at Money20/20, marking a strategic expansion of its financial and investment solutions to serve companies of all sizes. The
Mastercard and Qlub Drive a Digital Payments Revolution in GCC Hospitality
Dubai, UAE; 04 September 2025: Mastercard has announced a strategic collaboration with Qlub, a leading fintech innovator in the hospitality sector, to advance digital and contactless payments across the GCC.
Basata Holding Unveils $7M Investment to Redefine Digital Payments in 2026
Basata Holding for Financial Payments S.A.E., Egypt’s leading e-payment services provider, announced plans to invest approximately USD 7 million in 2026 as part of its strategy to strengthen its market
NEOHUB and Teknopark Istanbul Sign Strategic Collaboration to Boost the Entrepreneurship Ecosystem
NEOHUB and Teknopark Istanbul have signed a collaboration agreement designed to strengthen the entrepreneurship ecosystem by enabling entrepreneurs to exchange knowledge and expertise through mutual mentorship programs, while also creating
Munify Raises $3M to Build a Cross-Border Digital Bank for the Egyptian Diaspora
Cairo-based fintech startup Munify has announced raising $3 million in seed funding to build a cross-border digital bank designed for Egyptians abroad. The round was led by Y Combinator, with
ColendiBank, SAS, and Linktera Forge Strategic Alliance to Shape the Future of Digital Banking
ColendiBank has announced a strategic partnership with SAS and Linktera to develop powerful products and services in next-generation digital banking. This collaboration aims to lay the foundation for a modern
PALM Launches Egypt’s First Goal-Based Investment Platform After Obtaining FRA License
PALM, Egypt’s first incentivized goal-based investment platform, has officially launched following the completion of its pre-seed funding round led by 4DX Ventures, with participation from Plus VC and a group
Maalexi secures $20M credit facility from Amwal Capital Partners
UAE-based fintech Maalexi, a B2B platform specialising in agriculture and food trade, has secured a Shariah-compliant credit facility of up to $20 million from Amwal Capital Partners (ACP), a leading
Turkish investment app Midas secures record-breaking $80 million Series B funding
Midas, Turkey’s leading investment app, has raised $80 million in its Series B funding round, marking the largest investment ever secured by a Turkish fintech company. With this round, the
Visa Joins $4.9 Million Funding Round for HoneyCoin Platform
Visa has joined a $4.9 million Series A funding round for HoneyCoin, a fintech platform specializing in processing stablecoin-compatible payments. The round was led by Flourish Ventures and included participation
Tabby Reports $24M Profit in H1 2025
Tabby, a leading Buy Now, Pay Later (BNPL) provider in Saudi Arabia, reported a strong profit surge in H1 2025, with net profit reaching $24 million , compared to $5.2
BOUK Closes Pre-Seed Round Within Days of Official Launch
Mohanad Al-Badrani, Co-Founder and CEO of BOUK, announced that the platform has successfully closed its first Pre-Seed funding round just days after its official launch—a milestone that reflects strong investor
RIFD Secures Strategic Investment from Antler to Accelerate SME Receivables Securitization in Saudi Arabia
Riyadh, Saudi Arabia – RIFD, the first Saudi-born platform enabling Shariah-compliant securitization of SME trade receivables, has secured a strategic investment from Antler, a global early-stage venture capital firm. **This
Ramp raises $500M, hits $22.5B valuation in new funding round
Ramp, the US-based financial technology company, announced the successful close of its $500 million Series E-2 funding round, bringing its valuation to $22.5 billion, according to a statement released Wednesday.
Kamco Invest supports Foodics’ expansion through strategic client-backed investment in $170M funding round
Kamco Invest, a leading regional non-banking financial services company headquartered in Kuwait, announced that its Private Equity team has invested in Foodics, the MENA region’s leading restaurant and payments technology
CE-Ventures backs Plaid & Mesh to power open financial infrastructure
CE-Ventures, the corporate venture capital arm of Crescent Enterprises, has announced its participation in strategic investment rounds for Silicon Valley-based Plaid and Mesh, two pioneering companies building critical infrastructure for
Treasy Secures $1.1M to Accelerate Global Expansion and Boost Tech Infrastructure
Treasy, a local fintech startup, announced it has raised $1.1 million in an investment round led by APY Ventures, with Tera Portfolio also participating. The funds will be used to
Affinity Africa Secures $8M in Seed Round Led by Attijariwafa Ventures
Affinity Africa, the Ghanaian digital bank, has successfully closed an $8 million Seed funding round led by Attijariwafa Ventures, the investment arm of Moroccan banking group Attijariwafa. The round also
Flend Secures $3M to Scale Embedded Digital Lending for Egypt’s SMEs
Egyptian SME financing platform Flend has raised $3 million in a seed funding round combining both equity and debt, aimed at scaling embedded digital lending across the country’s underserved small
Gainz and Beban Announce Strategic Partnership to Advance Crowdfunding Solutions for Startups Across the GCC
Gainz, a UAE-based fintech firm specializing in debt financing for SMEs, and Beban Crowdfunding, Bahrain’s leading equity crowdfunding platform licensed by the Central Bank of Bahrain, have entered into a
Qlub Raises $30M Led by Mubadala to Expand Smart Restaurant Payments Platform
Qlub, a Dubai-based restaurant payments platform, has raised $30 million in a funding round co-led by Shorooq Partners and Germany’s Cherry Ventures, with participation from the UAE sovereign wealth fund
4 Arab Companies Named Among the World’s Top FinTech Firms for 2025
CNBC and Statista have released their annual ranking of the Top 300 FinTech Companies worldwide for 2025, following a comprehensive evaluation of over 2,000 eligible firms based on key performance
Alinma Bank and Falak Launch AmadTech Accelerator to Empower FinTech Startups in Saudi Arabia
Alinma Bank, in collaboration with Falak Investment, announced the launch of “AmadTech”, a specialized accelerator aimed at supporting FinTech startups and accelerating the digital transformation of the financial sector in
Mudad and Khazna Launch Flexible Salary Service to Boost Financial Wellbeing of Employees in Saudi Arabia
In a move aligned with Saudi Arabia’s Vision 2030 digital transformation goals, Mudad, a leading platform in HR solutions, has partnered with Khazna, a specialist in financial technology, to launch
Strategic Partnership Between Trendyol, Baykar, ADQ, and Ant to Develop an Advanced Fintech Platform in Turkey
Trendyol, Turkey’s leading e-commerce platform, Baykar, the world’s largest unmanned aerial vehicle manufacturer, ADQ, an active sovereign investor focused on critical infrastructure, and Ant International, a global leader in digital
IHC Acquires eFunder and Relaunches it as Zelo to Power SME Financing in the UAE
IHC, the global investment company, has announced the acquisition of eFunder, a leading UAE-based SME financing platform, and rebranded it as Zelo, aiming to expand capital access and strengthen the
Strategic Partnership Between CBD and UAE’s Lune to Enhance Transaction Data Enrichment
Commercial Bank of Dubai (CBD) has announced a strategic partnership with Lune, a UAE-based fintech company, to enhance transaction data enrichment and deliver a superior digital banking experience. This collaboration
Sukna Capital Launches First Open-Ended Direct Lending Fund in Saudi Arabia with CMA Approval
Sukna Capital, a CMA-licensed Saudi investment platform specialized in alternative assets, has announced the approval from the Capital Market Authority (CMA) to launch the Sukna Fund for Direct Financing (SFDF)
Iraq Launches First Digital Bank Led by EQIQ with Over 100 Billion Dinar Funding
The first digital bank in Iraq is being established with a capital of 100 billion Iraqi dinars, to be subscribed over five years at a rate of 20 billion dinars
Sukna Capital Launches Region’s First Open-Ended Sharia-Compliant Direct Lending Fund
Riyadh, Saudi Arabia – Sukna Capital, a Saudi investment platform licensed by the Capital Market Authority and focused on alternative investments, has received approval from the Saudi Capital Market Authority
YASMINA Raises $2M Seed Round Led by Scene Holding & Access Bridge Ventures
Saudi-based insurtech app YASMINA has successfully raised $2 million in a Seed funding round led by Scene Holding and Access Bridge Ventures, with participation from Arzan Venture Capital and 500
Capital Market Authority Approves Amendments to Streamline Investment Account Procedures
The Capital Market Authority (CMA) has approved a set of regulatory amendments to streamline the procedures for opening and operating investment accounts for various investor segments, including both local and
Valu Expands to Jordan with Central Bank Nod for BNPL Launch
Valu Receives Initial Approval from the Central Bank of Jordan to Launch BNPL ServicesValu, the MENA region’s leading fintech powerhouse, has secured initial approval from the Central Bank of Jordan
Network International and Magnati Merge to Form MEA’s Largest FinTech Entity
Network International, a leading fintech company in the Middle East and Africa (MEA), and Magnati, a prominent digital payments solutions provider in the UAE, have received key regulatory approvals to
Saudi Central Bank licenses AWN to offer micro consumer financing via fintech
The Saudi Central Bank (SAMA) has officially licensed AWN (شركة عون الرائدة) to offer micro consumer financing through financial technology (fintech), bringing the total number of licensed companies in this
Stride Ventures completes first close of ADGM Fund to boost venture debt access in the GCC
Stride Ventures, the world’s largest venture debt platform, has announced the first close of its flagship Abu Dhabi Global Market (ADGM) Fund V, marking a milestone in its strategic expansion
Tarmeez Capital secures investment from Tali Ventures to expand credit financing services
Tali Ventures, the venture capital arm of stc Group, has acquired a minority stake in Saudi-based fintech Tarmeez Capital, a specialist in debt issuance and investment solutions. The move supports
Savvy Wealth Raises $72M to Advance AI-Augmented Financial Advice with Human Touch
Savvy Wealth, a U.S.-based digital-first platform for financial advisors, has secured $72 million in Series B funding, bringing its total raised to over $100 million. The round was led by
Iraq-Based InstaBank Raises $15M to Launch Country’s First AI-Driven Digital Banking Platform
Iraq-based InstaBank, officially registered as Al-Fawr Digital Bank, has secured $15 million in seed funding to support the launch of the country’s first AI-driven digital banking platform. The round was
Zodia Custody Acquires UAE-Based Tungsten to Expand Digital Asset Footprint
Zodia Custody, a UK-based institutional digital asset custodian, has completed the acquisition of Tungsten Custody Solutions, a regulated digital asset firm headquartered in the United Arab Emirates. The acquisition marks
Byzanlink Raises $1 Million to Build Infrastructure for Tokenized Real-World Assets
Byzanlink, a UAE-based platform specializing in the tokenization of real-world assets (RWA), has announced the successful closure of a $1 million private funding round on June 26, 2025. Investors in
Saudi CareerTech Startup Flawless Raises $1.5M in Pre-Seed Round
Flawless, a Saudi-based startup specializing in AI-powered career guidance, has announced the successful closure of a $1.5 million Pre-Seed funding round, backed by a group of angel investors. Founded by
Nearpay Enters the U.S. Market as the First Saudi Company Specializing in Payment Infrastructure
Riyadh, Saudi Arabia – Nearpay, a pioneering Saudi fintech infrastructure firm, has officially entered the U.S. market, marking the first time a Saudi company specialized in digital payment infrastructure has
Tamamlıyo raises investment from Nexrone Global at a $4M valuation
Istanbul, Turkey — Tamamlıyo, the local startup specializing in embedded insurance and travel technologies, has secured new investment at a valuation of $4 million in a round led by Nexrone
ManageCash Raises First Investment at $1.4M Valuation
ManageCash, the fintech startup digitizing businesses’ cash collection and transportation operations, has announced its first investment at a valuation of $1.4 million, with backing from Pars VC. Founded by Mehmet
IndiaBonds raises $3.77M in maiden external funding round to expand digital bond platform
IndiaBonds, a SEBI-registered online bond platform, has secured ₹32.5 crore (US $3.77 million) in its maiden external funding round, backed by a curated group of marquee individual investors from the
Pazy Secures $720K to Expand Its Business Payments Platform
Cairo, 25 June 2025 — Pazy, an integrated business-payments platform for finance teams, has secured Rs 6 crore (≈ US $720 k) in a pre-seed round led by Inuka Capital
Related Secures $8M to Lead the Future of Loyalty Tech in MENA
Equivator, a Saudi-based private equity firm, has announced a strategic investment of SAR 30 million (USD 8 million) in Related, a UAE-headquartered company specialized in loyalty and rewards technology. This
Tadaweb Raises $20M to Scale Its AI-Powered Open-Source Intelligence Platform Globally
Luxembourg-based AI-powered SaaS company Tadaweb has secured $20 million in a funding round co-led by Arsenal Growth and Forgepoint Capital International, bringing the company’s total funding to $40 million since
SaturnX Raises $3M to Expand Stablecoin-Based Payment Infrastructure Across Asia
SaturnX, a UAE-based infrastructure provider for stablecoin-powered cross-border payments, has secured $3 million in a seed funding round led by White Star Capital, with participation from strategic investors. Founded in
OCTA Secures $20M Credit Facility to Power SME Financing in Saudi Arabia
UAE-based fintech platform OCTA has secured a $20 million credit facility from the Sukna Fund for Direct Financing (SFDF), aimed at powering embedded working capital for eligible SMEs across Saudi
Octane Secures $5.2M to Lead Fleet Expense Digital Transformation in MENA
Egypt-based Octane, a digital platform specializing in fleet and mobility expense management, has successfully raised $5.2 million in a funding round led by Shorooq Partners, Algebra Ventures, and Elsewedy Capital
Saswat Finance Secures $2.6 Million to Boost Rural Financial Access in India
Mumbai-based fintech startup Saswat Finance has raised $2.6 million in a pre-Series A round, led by Ankur Capital, with participation from existing investor Incubate Fund Asia. The company previously secured
Aspora Raises $50M in Series B Led by Sequoia and Greylock, Reaches $500M Valuation
Aspora, the cross-border fintech startup formerly known as Vance, has successfully raised $50 million in Series B funding, led by Sequoia Capital and Greylock, with additional participation from Hummingbird, Quantum
PlutoPe Accelerates Emerging Market Expansion with $500K Pre-Seed Round
PlutoPe, an Indian fintech startup operating in the decentralized finance (DeFi) space, has secured $500,000 in a pre-seed funding round led by angel investor Manit Gupta, aiming to support its
Payrails Raises $32M Series A to Accelerate Payments Innovation and EMEA Expansion
Berlin, June 2025 — Payrails, a global payments software company founded by former fintech leaders at Delivery Hero, has secured $32 million in Series A funding, led by HV Capital’s
Angel Spark Invests in Inovat: A Game-Changing Digital Tax Refund Platform
Angel Spark has announced its investment in Inovat, the innovative digital platform that’s reshaping the tax refund experience for travelers. Inovat enables users to effortlessly claim tax refunds by simply
UAE-based Qanooni Secures $2M Pre-Seed Round to Redefine Legal AI
Qanooni, the UAE-based legal technology startup, has announced the successful closure of a $2 million pre-seed investment round, led by Village Global, Salica Investments’ Oryx Fund, TA Ventures, and a
Mamo Surpasses AED 1.2 Billion in Transactions and Launches SME-Focused Credit Card
UAE-based fintech startup Mamo has officially crossed AED 1.2 billion in total transactions, marking a major milestone in its mission to deliver simple, trustworthy financial solutions to SMEs across the
CMA Grants InvestSky Holding a Permit to Pilot Social Trading Service
The Capital Market Authority (CMA) has announced that InvestSky Holding Limited, a financial technology company, has fulfilled the requirements to commence operations under the permit granted by the CMA Board
PayTic Announces Strategic Partnership with NymCard, Marking GCC Entry
Dubai, 29st May 2025 – PayTic, a leading platform for payment operations automation, has announced a strategic partnership with NymCard, marking its official entry into the Gulf Cooperation Council (GCC)
MDP Secures Strategic Investment to Scale Financial Solutions Across MEA
MDP, a leading payments technology infrastructure provider headquartered in Egypt, has announced a strategic investment led by Lorax Capital Partners (LCP), with participation from a consortium of global development financial
Stitch Secures $10M Seed Round to Reinvent Financial Infrastructure
Saudi Arabia-based Stitch, a FinTech company that enables financial institutions to launch and scale financial products, has raised $10 million in a seed funding round aimed at team expansion and
Qashio Secures $19.8M in New Funding to Expand Operations Across the Middle East
Qashio, a Dubai-based B2B spend management platform, has successfully raised $19.8 million in its latest funding round, combining equity and non-equity financing. The round was led by existing investor Rocketship,
Amwal Tech and AlRajhi Bank Launch Strategic Installment Partnership to Transform the Future of Payments
Amwal Tech, a pioneering Saudi fintech specialized in installment-based card payments, has announced a strategic partnership with AlRajhi Bank to launch a fully automated Credit Card Installment Solution aimed at
Valu Secures $27M Saudi Boost Ahead of Stock Market Debut
Valu, a leading Egyptian FinTech company, has raised $27 million in fresh funding from prominent Saudi investors, including the Saudi Investment Bank and Sanabil Investments (a wholly owned company by
Carta Secures Financial Services Permission from ADGM to Expand Across MENA
Carta, the world’s leading software platform for private capital, has received a Financial Services Permission (FSP) from the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM).
UAE-based Gainz secures seven-figure Pre-Seed round
UAE-based FinTech startup Gainz has successfully closed a seven-figure Pre-Seed funding round, combining equity and debt. The round was led by Antler MENAP, Lithium Holdings, and Eleventh Invest Inc, with
Saudi BNPL Firms Post Record Profits Led by Tabby & Tamara”
In a major boost for Saudi Arabia’s Buy Now, Pay Later (BNPL) market, Tabby and Tamara reported a combined revenue of SAR 535.4 million in Q1 2025, marking a 39%
SC Ventures and DIFC Launch Strategic Partnership to Accelerate Innovation in the UAE
SC Ventures, the innovation and FinTech investment arm of Standard Chartered, has announced a strategic partnership with DIFC Innovation Hub to launch the “National Venture Studio” in Dubai. This initiative
SIC and Lendo Launch SAR 200M Joint Investment Program to Empower Industrial SMEs in Saudi Arabia
The SIDF Investment Company (SIC), in partnership with Lendo, Saudi Arabia’s leading Shariah-compliant debt crowdfunding platform, announced the launch of a landmark investment program worth up to SAR 200 million.
ElGameya FinTech Secures 7-Figure USD Funding Round to Accelerate Digital Platform Development
Cairo, Egypt – ElGameya, Egypt’s leading fintech platform digitizing the traditional ROSCA savings model, announced the successful closing of a new 7-figure USD investment round aimed at accelerating the development
Tradoor Unveils Fastest DEX on TON Following $3.2M in Financing
Tradoor, the first triple Perps, Options, and SocialFi DEX on The Open Network (TON), has announced $3.2 million in total funding to bring CEX-grade trading to Telegram. The rounds were
Catalyst Partners Acquires “Qardy” for EGP 1.16 Billion and Raises Capital to EGP 14 Billion
Catalyst Partners Middle East (CPME) held a Board of Directors meeting on Saturday and approved a series of strategic decisions to enhance its market position and expand operations through key
MaxAB-Wasoko Acquires Fatura Backed by EFG to Accelerate E-commerce and Fintech Leadership in Africa
EFG Finance, part of EFG Holding, has announced the acquisition of its B2B marketplace Fatura by MaxAB-Wasoko, the leading regional e-commerce and supply chain super app. As part of the
Dubai Unites FinTech Trailblazers Over $9.25 Million Committed During FinTech World Cup Finals
The Grand Finale of the FinTech World Cup (FWC) held on Day 2 of the Dubai FinTech Summit (DFS) concluded with over USD 9.25 million in investment commitments from international
Thndr Raises $15.7M and Unveils Full Financial Evolution at Egypt’s First Fintech Keynote
Egypt’s Thndr, the country’s leading investment and fintech platform, has announced the close of a $15.7 million funding round. The round was led by global tech giant Prosus, with participation
Wyld VC launches $50 million AI-native fund in MENA
Saudi Arabia-based Wyld VC has launched the MENA region’s first $50 million AI-native venture capital fund, with a mission to bridge the AI talent gap and support early-stage startups in
Coinbase to Acquire Deribit for $2.9 Billion – The Largest Crypto M&A Deal to Date
In a historic move, U.S.-based cryptocurrency exchange Coinbase has announced the acquisition of Deribit, a leading crypto derivatives platform headquartered in the UAE, in a transaction valued at $2.9 billion.
Glide Raises $15M to Accelerate Embedded Fintech Innovation Powered by AI
Glide, a U.S.-based provider of embedded fintech solutions, has raised $15 million in a Series A funding round aimed at accelerating product innovation and enhancing its capabilities in artificial intelligence.
NymCard Licensed by UAE Central Bank to Launch Open Finance Services.
NymCard, the MENA region’s leading embedded finance platform, has officially received a license from the Central Bank of the UAE (CBUAE) to provide Open Finance services, in line with the
zSpace Celebrates Nasdaq Debut with GII at Closing Bell Ceremony in New York
New York, May 6, 2025 – zSpace, a leading provider of immersive EdTech solutions, marked a historic milestone as its CEO, Paul Kellenberger, rang the Nasdaq Closing Bell to celebrate
Tech Pioneers Program Launched to Empower Saudi Startups
Riyadh, Saudi Arabia – The Digital Entrepreneurship Center (CODE), affiliated with the Ministry of Communications and Information Technology (MCIT), has launched the fifth edition of the “Tech Pioneers” program, as
Klivvr Officially Launches BNPL Service in Egypt After Regulatory Approval
Klivvr, Egypt’s leading digital money management platform, has officially launched its “Buy Now, Pay Later” (BNPL) service after receiving formal approval from the Financial Regulatory Authority (FRA). The new feature
Money Fellows raises $13M to take its group savings model outside Egypt
Money Fellows, a Cairo-based fintech company, has announced the successful raise of $13 million in a pre-Series C funding round, bringing its total funding to over $60 million since its
Attijariwafa Ventures Invests $1.5M in Tunisia’s Konnect Networks
In a move that highlights its ongoing commitment to fostering fintech innovation in Africa, Attijariwafa Ventures—the venture arm of Attijariwafa Bank Group and Wafa Assurance—has announced a $1.5 million investment
Fawry Partners with Microsoft to Accelerate Digital Transformation for SMEs in Egypt
Cairo, Egypt – Leading Egyptian fintech company Fawry has announced a strategic collaboration with Microsoft to empower small and medium-sized enterprises (SMEs) in Egypt by integrating Microsoft 365 solutions into
Tamkeen and Mastercard Launch First STRIVE Center in the Middle East to Empower SMEs
Manama / New York – May 4, 2025 – The Bahrain Labour Fund (Tamkeen) and the Mastercard Center for Inclusive Growth have announced a strategic partnership to launch the first
Nqoodlet Raises $3M Seed Round to Power the Future of SME Finance in Saudi Arabia and GCC
Nqoodlet, the Saudi-based fintech platform transforming SME financial management, has successfully closed a $3 million seed round, signaling a major leap forward in empowering small and medium businesses across the
Kaleidofin Secures $5.3 Mn from IDH Farmfit Fund to Scale Digital Financial Inclusion
India-based fintech and neobanking platform Kaleidofin has raised $5.3 Mn (approx. INR 44.5 Cr) in a funding round led by IDH Farmfit Fund, supporting its mission to expand inclusive financial
Kintsugi Raises $18M Led by Vertex to Expand Its Smart Tax Compliance Automation
Kintsugi, the Silicon Valley-based startup specializing in AI-powered sales tax automation, has secured $18 million in funding led by global tax tech firm Vertex, doubling its valuation to $150 million
dub Raises $30M to Scale Copy-Trading and Transform Retail Investing
NEW YORK, May 1, 2025 – dub, the U.S.-based startup specializing in copy-trading and social investing technologies, has announced the successful closure of its $30 million Series A funding round,
India’s Paytm Launches UAE Subsidiary with $2.1M to Power Tech-Driven Digital Payments
Paytm Cloud Technologies Ltd (PCTL), a subsidiary of India’s leading fintech company Paytm, has announced the launch of its wholly owned UAE entity, named Paytm Arab Payments LLC, as part
Fuze Secures $12.2M Series A Funding Led by Galaxy and e& Capital to Expand Digital Asset Infrastructure
Dubai, UAE — April 2025 — UAE-based Fuze, a fast-growing digital assets infrastructure firm, announced today the successful completion of a $12.2 million Series A funding round, bringing its total
$25M DeFAI Fund Launched to Power AI-Driven Finance
During the ZIGChain Summit 2025 held in Dubai, it was officially announced that a $25 million DeFAI Innovation Fund has been launched to support AI-powered financial tools. This initiative is
BitGo Secures Official License to Provide Digital Asset Custody in Dubai
DUBAI, UAE – BitGo, a global leader in digital asset custody solutions, announced today that its Dubai entity, BitGo Custody MENA FZE, has been granted a Virtual Asset Service Provider
SAMA Grants Nayla Finance a License to Operate Microfinance Services
Riyadh, Kingdom of Saudi Arabia – 2025, The Saudi Central Bank (SAMA) has announced the issuance of a new license to “Nayla Finance”, authorizing the company to operate in the
erad Closes $16M Pre-Series A Round and Expands into Saudi Arabia
erad, the Riyadh-headquartered alternative financing platform for SMEs, has successfully raised $16 million in a Pre-Series A funding round to accelerate its growth and expand operations in Saudi Arabia and
SAMA Licenses “Tamawal” for Finance Aggregation Services
The Saudi Central Bank (SAMA) announced licensing “Tamawal” company to provide finance aggregation services, raising the total number of licensed finance aggregation companies in Saudi Arabia to six. This move
Flex Acquires a16z-Backed Maza for $40M
Flex, a startup providing personal finance software for business owners, has acquired Maza, a Spanish-speaking consumer finance app backed by Andreessen Horowitz (a16z), for $40 million, the companies told TechCrunch
Alpaca Raises $52 Million in Series C Funding
Alpaca, a US-based brokerage infrastructure fintech, announced a $52 million Series C funding round, reinforcing its global expansion and leadership in the sector. The funding round was disclosed from its
Ottu and HyperPay partner to advance the digital payments ecosystem across the MENA region
Riyadh, KSA – April 24, 2025: Ottu, a regional fintech leader, has announced the signing of a strategic partnership agreement with HyperPay, one of the leading providers of digital payment
Pay10 becomes first entity to go live on CBUAE’s Open Finance Framework
Abu Dhabi, UAE – April 24, 2025 – Pay10, a leading UAE-headquartered Alternative Payment Method (APM) provider, has announced that it has become the first fintech company to go live
UK’s IFX Payments Expands in UAE with DFSA License
IFX Payments, a London-based service-led alternative banking partner, has expanded its footprint in the UAE after securing a category 3C license from the Dubai Financial Services Authority (DFSA). This license
Pemo Enters Saudi Arabia Through Strategic Partnership with neoleap to Drive Fintech Innovation
Dubai-based Pemo, a smart spend management platform, has officially expanded into the Saudi Arabian market, aligning with the Kingdom’s Vision 2030 digital transformation goals. Backed by over $19 million in
Tanmeyah Partners with AMAN Holding to Launch Digital Channels for Loan Disbursement and Installment Collection
Cairo, April 2025 – Tanmeyah, a subsidiary of EFG Holding and one of Egypt’s leading financial service providers with a strong focus on microfinance segments, has signed a strategic agreement
Resolv Labs Secures $10M Seed Round to Power Its DeFi Stablecoin Protocol
Resolv Labs, a UAE-based decentralized finance (DeFi) startup, has announced the successful closure of a $10 million seed funding round. The round was co-led by Cyber.Fund and Maven11, with participation
Metric Secures Seven‑Figure Seed Round to Expand Across the Gulf & Asia
Metric, the AI‑driven fintech company, has closed a seven‑figure seed funding round to expand its offerings across the Gulf region and Asia. The round was led by Sanabil 500 Global,
BKN301 Group Raises $23.8M to Accelerate Global BaaS Expansion
BKN301 Group, a global Banking-as-a-Service (BaaS) technology provider, has closed a capital increase of $23.8 million to drive its international expansion, with a strategic focus on the UAE and Saudi
Beltone Successfully Completes a Historic Capital Increase of EGP 10.5 Billion, Boosting Strategic Growth
Cairo – Beltone Holding (“Beltone” or “the Company”) has successfully completed its second capital increase, raising over EGP 10.5 billion with an extraordinary oversubscription rate of approximately 98%. This milestone
Checkout.com to Launch Card Issuance Service in the UAE
Checkout.com, a global leader in digital payments, has announced its plan to expand its operations in the United Arab Emirates by launching a card issuance service—a first-of-its-kind initiative by a
Geidea Wins “Most Innovative Fintech Company in the Middle East 2025” Award by Global Finance
Cairo – Geidea has been honored with the “Most Innovative Fintech Company in the Middle East 2025” award as part of Global Finance’s “Innovators 2025” awards. This prestigious recognition celebrates
Moroccan Fintech Secures $4M to Expand Payment Automation Across Africa
PayTic, a Moroccan fintech startup specializing in payment automation, has secured $4 million in funding to enhance its payment automation solutions and facilitate expansion into North and Sub-Saharan African markets.
Sary and ShopUp Merge to Form SILQ Group, Backed by a $110M Investment
Sary, the leading B2B trade and services platform in the Gulf, and ShopUp, the largest B2B trading platform in Bangladesh, have merged to form SILQ Group—the largest B2B platform connecting
Rentify Closes $500K Pre-Seed Funding to Transform the UAE Rental Ecosystem
Rentify, a UAE-based fintech specialized in real estate rental solutions, has secured $500K in pre-seed funding from a group of investors. This capital injection reinforces Rentify’s mission to digitize the
Haball Secures $52M Pre-Series A Funding to Fuel Expansion in Pakistan and the GCC
Haball, a Pakistan-based fintech specializing in supply chain finance and payment solutions, has successfully closed a pre-Series A funding round of $52 million. The round was led by Zain Venture
Massera Holding Acquires Egyptian Fintech Platform ADVA
Massera Holding for Financial Investments, a subsidiary of 2 Point Zero and part of a global Emirati holding group, has acquired ADVA, the Egyptian fintech platform focused on consumer financing.
Fuse, the Cross-Border Payments Solutions Company, Raises $6.6M in Seed Funding
Fuse, the UAE-based cross-border payments solutions company, has announced the successful close of a $6.6 million seed funding round. The round was led by Northzone, the European investment firm known
Y Combinator-Backed Neobank Djamo Raises $17 Million, Serving Over 1M Users in Francophone Africa
Djamo, the YCombinator-backed neobank founded in 2020 by Hassan Bourgi and Régis Bamba, has successfully raised $17 million in equity funding to extend its reach across Francophone West Africa. The
South Africa’s Trade Shield Secures $824K to Boost AI-Powered Credit Risk Platform
South African credit risk management startup Trade Shield has secured 15 million South African Rand (approximately $824,000) in funding from the Vumela Fund (backed by FNB Bank) in partnership with Edge Growth, a venture development firm. The investment
Al Ansari Digital Pay Obtains Final Regulatory Approvals to Launch Digital Wallet
Dubai, UAE – Al Ansari Digital Pay, the fintech subsidiary of Al Ansari Financial Services PJSC (DFM: ALANSARI), has received final approvals from the Central Bank of the UAE (CBUAE)
Egypt’s Connect Money Secures $8M Seed Funding to Power Africa’s Embedded Finance Revolution
Egyptian fintech pioneer Connect Money has successfully closed an $8 million seed funding round co-led by DisrupTech Ventures, Algebra Ventures, and Lorax Capital Partners, with participation from OneStop Capital and
Ignyte Partners with PayPal to Boost UAE Startup Ecosystem
Dubai, UAE Dubai-based startup accelerator Ignyte has entered a strategic partnership with global payments leader PayPal to enhance financial infrastructure for emerging businesses across the UAE and Middle East. The collaboration
UAE’s COCA Secures Strategic Investment from Stellar & FunFair Ventures
Dubai-based fintech startup COCA has announced a strategic investment from Stellar Development Foundation and FunFair Ventures to accelerate the development of its stablecoin payment solutions. While the investment amount remains
Code & State Raises $3 Million to Support Stablecoin Startups
Dubai-based Code & State, a stablecoin innovation studio, has secured $3 million in funding to support the next wave of stablecoin startups. The investment, backed by Warburg Serres and KR1 plc, will be used to incubate
UAE-Based Enza Secures $6.75 Million in Seed Funding Round
Enza, a UAE-based fintech company, has successfully raised $6.75 million in a Seed funding round led jointly by Algebra Ventures and Quona Capital. This investment highlights strong confidence in Enza’s
Saudi Fintech NAYLA Raises $4 Million in Seed Funding Round
Saudi-based fintech startup NAYLA Finance, specializing in micro-enterprise financing, has announced the closure of a $4 million seed funding round led by Sanabil Venture Studio by Stryber. Founded in 2024 by Shaqran Alyahya and Khalid
Fawry Obtains Islamic Finance License from the Financial Regulatory Authority
Fawry for Banking Technology and Electronic Payments announced that its subsidiary, Fawry for Small, Medium, and Micro Enterprises Financing, has obtained an Islamic finance license from the Financial Regulatory Authority.
Amwal Pay Expands Its Services to Strengthen Oman’s Payment Infrastructure
Muscat, Oman – March 20, 2025 – Amwal Pay, a leading provider of digital payment solutions, has announced the expansion of its services in Oman with the introduction of an
UAE-Based Fintech ClearGrid Raises $10 Million in Pre-Seed and Seed Funding Rounds
ClearGrid, a UAE-based fintech specializing in debt collection solutions, has raised $10 million in pre-seed and seed funding rounds. The pre-seed round was led by RAED Ventures and BECO Capital,
NymCard Closes $33 Million Funding Round Led by QED Investors
NymCard, a leading embedded finance solutions provider, has closed a $33 million funding round led by QED Investors, with participation from prominent investors such as Lunate, Dubai Future District Fund,
Egyptian Financial Regulatory Authority Grants Brokerage Licenses to Three Fintech Companies
The Financial Regulatory Authority (FRA) of Egypt has announced the issuance of brokerage licenses to three Egypt-based fintech startups: “Telda,” “Beltone,” and “Thndr.” These licenses enable the companies to offer
Mylo Secures FRA Approval for Full Digital Customer Onboarding in Egypt
Mylo, the fintech subsidiary of B.Tech, has announced that it has obtained approval from the Financial Regulatory Authority (FRA) to offer full digital customer onboarding, making it one of the first companies to
ORO Labs Secures $1.5 Million Pre-Seed Funding, Backed by 468 Capital
ORO Labs, a tokenized gold protocol built on Solana, has raised $1.5 million in a pre-seed funding round. The company aims to transform gold into a liquid, composable, and income-generating asset, revolutionizing the
Ripple Secures License from Dubai Financial Services Authority to Offer Regulated Crypto Payments
Ripple, a leading blockchain and digital payments company, has obtained a license from the Dubai Financial Services Authority (DFSA), allowing it to provide regulated cryptocurrency payment services in the Dubai International Financial
Addepar Opens First Office in the Middle East and Africa at Dubai International Financial Centre
Addepar, a leading wealth management technology company, has announced the opening of its first office in the Middle East and Africa at the Dubai International Financial Centre (DIFC), one of the
GO Telecom Secures Initial Approval to Establish a Micro-Consumer Finance Subsidiary
GO Telecom has announced that its subsidiary, Hulul Al-Intilaq for Finance, has received initial approval from the Saudi Central Bank (SAMA) to establish a micro-consumer finance company in Saudi Arabia. The approval, granted on November
Mastercard and LikeCard Launch Family Banking Solution to Promote Financial Literacy and Responsible Spending
Mastercard and LikeCard, a leading e-commerce prepaid card platform in the Middle East and North Africa (MENA) region, have partnered to launch an innovative family banking solution designed to enhance financial literacy
TakamolVentures Invests in Lean Technologies to Support Innovative Financial Solutions
TakamolVentures, a leading investor in emerging technologies, has announced its investment in Lean Technologies, the leading provider of open banking solutions in the Middle East. This investment is part of
Mozn Recognized Among the World’s Top Companies in Fighting Financial Crime
Mozn, a leading Saudi fintech company, has achieved a global milestone by being ranked among the top 50 companies in digital financial crime prevention, according to the Chartis Financial Crime
Kuwait’s Motery App Successfully Closes First Funding Round at $8 Million Valuation
Kuwait-based Motery, a digital car buying and financing platform, has successfully closed its first funding round at a valuation of $8 million, further cementing its position as a leading automotive
Ajras Secures $1.5 Million Pre-Series A Funding to Expand “Rent Now, Pay Later” Solutions
Ajras, a Saudi-based platform offering “Rent Now, Pay Later” solutions, has successfully closed a $1.5 million Pre-Series A funding round led by Veda Holding. Founded in 2022 by Muath Aljubailan, the company officially launched its services in 2023 and continues
KLAIM.AI Closes $10 Million Series A Funding Round
KLAIM.AI, a UAE-based fintech company specializing in healthcare-focused financial solutions, has successfully closed a $10 million Series A funding round. The round was led by Mad’a Investment, with participation from
ORA Technologies Raises $1.9 Million in Pre-Series A Funding
ORA Technologies, a Moroccan-based startup, has successfully closed a $1.9 million Pre-Series A funding round led by Witamax and Azur Innovation Management. This brings the company’s total local funding to
Klarna Plans IPO on New York Stock Exchange to Raise at Least $1 Billion
Klarna, one of the leading “buy now, pay later” (BNPL) and digital payments companies, is planning an initial public offering (IPO) on the New York Stock Exchange, aiming to raise
PayTabs Group Acquires Majority Stake in PayTabs Egypt
PayTabs Global, a leading payment solutions provider in the Middle East and North Africa, has announced the acquisition of a majority stake in PayTabs Egypt. This move aligns with the
UAE’s Deem Finance Secures $400 Million Debt Financing from JP Morgan
Deem Finance, a leading financial services company in the UAE, has secured asset-backed financing worth $400 million from JP Morgan. This financing aims to strengthen the company’s financial position and
SC Ventures Partners with Visa to Support Startups and SMEs in the Region
SC Ventures, the innovation and investment arm of Standard Chartered Bank, has signed a memorandum of understanding (MoU) with Visa to develop innovative solutions supporting small and medium enterprises (SMEs)
Salica Spring Studios Invests in UAE Fintech Company BILRS
Salica Spring Studios, backed by Salica Investments and Oasis Fund of Funds, has announced a strategic investment in BILRS, a UAE-based company specializing in global bill payment solutions. Founded in
FORAS Acquires 36% of Bahraini Crowdfunding Platform “Beban”
FORAS AI, a leading investor in innovative startups across the Middle East and North Africa, has announced the acquisition of a 36% stake in the Bahraini crowdfunding platform “Beban“, licensed
Fintech Company Ramp Reaches $13 Billion Valuation
US-based fintech company Ramp has achieved a new valuation of 13 billion following a share sale worth 150 million to early investors and employees. The deal included both existing and
UAE-based Fintech Omnispay Raises $1.5 Million Seed Round Led by Mercatus Capital
UAE-based fintech company Omnispay, which specializes in payment solutions for small and medium-sized businesses (SMBs), has secured $1.5 million in seed funding. The round was led by Singapore-based venture capital
Tasaheel Completes EGP 7 Billion Sukuk Issuance to Strengthen Egypt’s Non-Banking Financial Sector
Tasaheel, a subsidiary of MNT-Halan specializing in lending to SMEs and entrepreneurs, has successfully completed a EGP 7 billion ($138 million) Mudaraba Sukuk issuance. The issuance aims to expand financial
Souhoola and Visa Launch Prepaid Card to Boost Financial Inclusion in Egypt
Souhoola, a consumer finance platform, has partnered with Visa, a global leader in digital payments, to launch a prepaid card aimed at enhancing digital payment solutions and facilitating financial transactions
Egypt’s Fawry Acquires Majority Stakes in Three Tech Firms to Boost Digital Services
Cairo, Egypt – Fawry, Egypt’s leading fintech company, has announced strategic investments totaling EGP 80 million (approximately $1.5 million) to acquire majority stakes in three local tech firms, Dirac Systems
Egypt’s Fawry Acquires 56% Stake in Virtual CFO to Boost SME Financial Services
Fawry, Egypt’s leading digital payments company, has acquired a 56% stake in Virtual CFO, a provider of financial and accounting services for SMEs, without management rights. This move aligns with
Flow48 Secures $69M Series A Funding to Expand in the Middle East and Africa
Flow48, a fintech company specializing in SME lending solutions in emerging markets, has successfully closed a $69 million Series A funding round. The round was led by BREEGA, with additional
Basata Increases Stake in MadfoatCom to 25%, Expanding Presence in Jordan
Egyptian digital payments company Basata has increased its stake to 25% in Jordan’s MadfoatCom, a provider of electronic payment solutions, to strengthen its market presence and support the digital payments
Raenest Closes $11 Million Series A Funding Round to Expand Operations in Africa and Global Markets
Raenest, a platform for multi-currency accounts serving individuals and businesses across Africa, has announced the closure of an $11 million Series A funding round, led by QED Investors, with participation
Ebra Closes $2 Million Seed Funding Round
Ibra has closed a $2 million Seed funding round led by Seen Holding, with participation from Raz Holding and strategic investors. The company specializes in debt collection using advanced AI
Tabby Raises $160 Million in Series E Round, Valuation Hits $3.3B
Tabby has raised $160 million in a Series E funding round, led by Blue Pool Capital and Hassana Investment Company, with participation from STV and Wellington Management. The funding has
Lite Closes $3.2M Pre-Seed Investment Round Led by Scene Holding
Lite, a financial services solutions provider, has announced the closure of its $3.2 million Pre-Seed investment round, led by Scene Holding. The investment aims to expand the company’s operations and
RasMal Closes $4.8 Million Pre-Series A Investment Round Led by Syndicate Holding Group
RasMal has announced the closure of its $4.8 million Pre-Series A investment round, led by Syndicate Holding Group. RasMal provides a platform for cap table management and corporate governance. The
Tabby’s Public Offering in Saudi Arabia: A New Era of Growth and Expansion
Tabby’s Public Offering in Saudi Arabia: A New Era of Growth and Expansion. As Tabby approaches its public offering in Saudi Arabia, the company is set to take a major
Suhail Ventures Launches $50 Million Venture Capital Fund to Support Startups in the Region
Suhail Ventures has announced the launch of a $50 million venture capital fund, aimed at supporting startups in Saudi Arabia and the Middle East. The fund focuses on investing in
SiFi Saudi Arabia Acquires Neya Technologies UAE to Enhance Expense Management Solutions
Saudi fintech company SiFi has announced its acquisition of UAE-based Neya Technologies, a company specializing in expense management for businesses, in an undisclosed deal. As part of the acquisition, Rami
SVC Saudi Arabia Invests $1 Billion in 54 Funds to Support Startups and Lead Venture Capital Funding
A report from the Saudi Venture Capital Company (SVC) revealed that the total investments committed since its establishment amount to $1 billion, while the total investments, including those from partners,
Rasmal Ventures Secures Funding from Qatar Investment Authority to Support Emerging Startups
Rasmal Ventures, a Qatari venture capital firm founded in 2023, has received funding from the Qatar Investment Authority (QIA) as part of its fund-of-funds program. This funding supports Rasmal’s “Rasmal Innovation
India’s Cashfree Payments Secures $53 Million to Strengthen Middle East Expansion
Indian digital payments company Cashfree has raised $53 million in a funding round led by South Korea’s KRAFTON Inc. and Apis Growth Fund II. Part of this funding will support
Myne Secures $2 Million in Pre-Seed Funding to Expand Operations
Myne, a wealth and asset tracking platform, has announced securing $2 million in a Pre-Seed funding round led by Scene Holding, with participation from Raz Holding, Plus VC, Annex Investments,
Khazna Egypt Raises $16 Million in Pre-Series B Funding Round to Support Expansion
Khazna, an Egyptian company specializing in providing financial solutions for underbanked populations, has announced the closure of a $16 million Pre-Series B funding round. The round was led by the
Foundation Ventures Launches a New $25 Million Investment Fund to Support Startups in Egypt and Africa
Foundation Ventures, the Egyptian venture capital firm, has announced the launch of its second investment fund, FVFII, with an initial funding of $25 million to support startups in Egypt and