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 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
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
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
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, 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, 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
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
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, 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
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
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
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
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
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
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