Uni-Ventures, the technology-investment firm with a strong presence across the US, Europe and Saudi Arabia, today announced a landmark exit from the e-commerce platform Salla, delivering an outstanding return of […]
Riyadh, Saudi Arabia — Merak Capital has announced a strategic investment of $26.7 million (SAR 100 million) in Arsann, a leading operator of parking infrastructure and smart mobility solutions in
DUBAI, UNITED ARAB EMIRATES — Property Finder, the leading property platform in the MENA region, has secured a $250 million debt financing from Ares Credit funds (“Ares”), a subsidiary of
Cercli (YC S23), a UAE-based startup, has successfully raised $12 million in its Series A funding round, led by Picus Capital, with participation from Knollwood Investment Advisory, Y Combinator, Afore
Riyadh, Saudi Arabia — TabSense, a Saudi-based startup, announced the successful closure of a $5 million funding round led by Jasoor Ventures, marking a significant step forward in transforming the
UAE-based fintech Qashio, the region’s leading corporate spend management platform, has announced its acquisition of Saudi Arabia’s Sanad Cash, one of the Kingdom’s first and most established expense management solutions,
Egypt-based InsurTech startup SehaTech has successfully raised USD 1.1 million in a Seed funding round, led by Ingressive Capital, with participation from Plus VC, a group of angel investors, as
Riyadh — Amazon Web Services (AWS) and Foodics, the leading Cloud-based Restaurant Operations & Financial Management Platform in the Middle East, have announced a strategic commercial agreement valued at USD
Dubai, UAE – M2 Capital Limited, the investment arm of M2 Group, has announced a strategic investment of $21 million in AVAX One Digital Asset Treasury (Nasdaq: AVAX), a publicly
Casablanca, Morocco — Moroccan B2B e-commerce and fintech startup Chari has secured a $12 million Series A round, co-led by SPE Capital and Orange Ventures, with participation from Verod-Kepple Africa
UK-based FinTech company Revolut is preparing to launch its digital financial services in the United Arab Emirates, in collaboration with the UAE Central Bank, after receiving in-principle approval to begin
Tunisian fintech company PAYDAY has successfully closed a $3 million Pre-Seed investment round, led by United Gulf Financial Services (UGFS), with participation from other investors including TALYS and Bioprotection. This
MUSCAT – ITHCA Group, the technology investment arm of the Oman Investment Authority (OIA), has made a strategic $20 million investment in Movandi, a leading U.S.-based company specializing in semiconductor
Egyptian fintech unicorn MNT-Halan has secured $71.4 million through its seventh securitized bond issuance, reinforcing its strategy of leveraging debt markets to finance rapid lending growth across its expanding ecosystem.
Investcorp, the global alternative investment firm, has announced the final close of its $750 million Golden Horizon Cooperation Fund, in partnership with China Investment Corporation (CIC), one of the world’s
Gainz Financial Technologies, the region’s leading Sharia-compliant crowdfunding platform, proudly announces a strategic partnership with Cassbana, the pioneering fintech innovator in embedded lending and financial identities. The announcement was made
Berlin, Germany – Berlin-based workflow automation startup n8n has successfully closed a $180 million Series C funding round, bringing its valuation to $2.5 billion. The round was led by Accel,
In a strategic move poised to reshape Saudi Arabia’s e-commerce landscape, The Chefz, the Kingdom’s leading delivery and lifestyle platform, has announced a strategic partnership with Salla, the region’s top
RIYADH — A Royal Decree has been issued granting Saudi citizenship to American businessman and Uber co-founder, Travis Kalanick, as part of the Kingdom’s ongoing initiative to attract exceptional global
Emirates Development Bank (EDB) has announced the launch of new financing solutions worth USD 136 million aimed at supporting startups and micro, small, and medium-sized enterprises (MSMEs) as part of
In a landmark step to accelerate the growth of Saudi Arabia’s financial ecosystem and empower the SME sector, Thabet Investment Company has announced a strategic partnership with Singapore-based Five Keys
Janus Henderson, a leading global active asset manager, has announced the first close of its $300 million Shariah-compliant direct lending fund – the MENA Private Credit Fund IV – securing
Dubai, UAE – Tokinvest, the UAE-based regulated marketplace for Real-World Asset (RWA) tokenisation, today announces three significant achievements: receiving the first full multi-asset issuance licence from Dubai’s Virtual Assets Regulatory
Dubai, UAE – UAE-based startup YAL.ai has successfully raised $12 million in Series A funding to further develop its AI-powered platform designed to make digital communication secure and entirely scam-free
Dubai-based fintech startup UPFRONT has announced the closing of a $10 million pre-seed funding round, a mix of equity and debt, aimed at solving one of the most persistent challenges
UAE-based venture capital firm Iliad Partners has announced the second closing of its $50 million Iliad Partners Tech Ventures Fund. The latest round welcomes three leading Greek banks – Eurobank,
Sabika, a leading digital platform for gold and silver investment, has secured a six-figure strategic investment led by M-Empire Angels, a prominent angel investment group founded by Dr. Maged Ghoneima.
Sukna Capital, a Riyadh-based alternative investment platform licensed by the Capital Market Authority (CMA), has announced a strategic partnership with Partners for Growth (PFG), a global credit manager specializing in
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
DUBAI, United Arab Emirates — (BUSINESS WIRE) — BECO Capital, a leading venture capital firm in the MENA region, has announced the successful close of $370 million across two new
The Ministry of Investment has announced the launch of “Startup Saudi,” a comprehensive national initiative designed to support the establishment and expansion of entrepreneurial ventures across the Kingdom. This strategic
Doo, a Saudi Arabia-based company specializing in enhancing customer experiences for enterprises, has successfully raised $1.7 million in a funding round led by Merak Capital, with participation from Plus Venture
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,
MADA, a pioneering fintech company specializing in consumer financing solutions, has successfully closed its Pre-Seed investment round worth $1.55 million, led by Vision Ventures with participation from D-Investments. The company
Dubai, UAE – September 24, 2025 – PayPal Holdings, Inc. (NASDAQ: PYPL) has unveiled a strategic commitment to invest $100 million across the Middle East and Africa, aiming to fuel
Riyadh-based fintech platform erad, a leading provider of alternative financing solutions for SMEs, has successfully raised $33 million in debt financing, led by Stride Ventures, to strengthen its operations in
Tunisia’s state-backed ANAVA Fund of Funds has officially announced a $4 million commitment to Rasmal Innovation Fund I, a venture capital fund established by Qatar-based Rasmal Ventures. This investment marks
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 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.
Merak Capital has announced a strategic investment of $1.2 million in the Saudi fintech startup Bynow, aiming to accelerate the development of its innovative financial solutions and expand its footprint
Saudi-based Bwatech, a leading company in fintech solutions for businesses, has successfully closed a $16 million investment round, led by Sharaka Financial, as part of its ambitious plans to accelerate
Riyadh, Saudi Arabia – 2025 – Moneymoon, a pioneering peer-to-peer (P2P) financing platform, has successfully closed its Pre-Series A investment round, raising $2.9 million. The round was led by Core
Moroccan startup DONE has successfully closed a $2.1 million Seed round, marking a pivotal milestone in Morocco’s digital transformation journey. The round, which follows a $600,000 founders’ round, was backed
Alkhabeer Capital has announced that it has led a Seed investment round worth $4.8 million in Al-Eqtisad Al-Aly, the parent company of Sindbad.Tech, a firm specializing in automated trading and
Continuing its commitment to providing top-tier services to the corporate sector and offering advanced digital financial solutions to enhance operational efficiency, Alinma Bank has announced a strategic investment and partnership
Continuing its commitment to providing top-tier services to the corporate sector and offering advanced digital financial solutions to enhance operational efficiency, Alinma Bank has announced a strategic investment and partnership
UAE-based accounting technology startup Oncount has successfully raised $1.5 million in a seed funding round, led by tech entrepreneur Sergey Panov. The fresh capital will accelerate the development and launch
Armoir, the UAE-born luxury luggage brand inspired by the heritage of French wardrobe trunks, today announced the successful close of a $500K seed funding round, led by Salica Oryx Fund
Value Makers Studio (VMS) announced its strategic participation in the ongoing investment rounds of two high-potential startups: Ballurh and Arab Therapy, during the VMS Bridge 2025 event, reinforcing its commitment
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, 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 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.
LDUN Fintech, a Saudi-based financial technology company licensed by the Saudi Central Bank (SAMA) under the Regulatory Sandbox, has announced the successful closure of its Seed funding round, securing over
Derayah Financial Company (“Derayah Financial”) has announced the signing of a strategic partnership agreement with Malaa, the automated investment management advisor, during the Money 20/20 Middle East Conference. This collaboration
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
Spare, the fintech innovator specializing in open banking infrastructure, has successfully closed its Pre-Series A funding round, raising $5 million. The round was led by anb Seed Fund from anb
DENVER, USA and SINGAPORE (Sept. 10, 2025) – Vantage Data Centers, a leading global provider of hyperscale data center campuses, today announced that it has secured a $1.6 billion investment
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,
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
Saudi fintech startup Wadaie has announced the successful closing of its Seed funding round, led by VentureSouq, with participation from Graphene Ventures, RZM Investment, as well as Arab National Bank
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
Saudi Arabia-based HALA, a leading fintech company specialising in embedded financial services for micro, small, and medium enterprises (MSMEs), has successfully raised $157 million in a Series B funding round,
Bahrain-based Fintologya, a pioneering provider of cloud infrastructure solutions for payments, has successfully closed a $1 million Seed funding round led by a Gulf holding company. Fintologya delivers a cloud-native
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 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
Zain KSA, a leading provider of telecommunications and digital services in Saudi Arabia, has officially launched the “Zain Great Idea 2025 (ZGI 2025)” technology startup accelerator. The initiative aims to
216 Capital, a leading Tunisian venture capital firm, has partnered with Silicon Valley innovation powerhouse Plug and Play to launch the “216 Capital Venture Accelerator”, a six-month program dedicated to
DawaDose, the Jordan-founded pharmaceutical digital solutions startup, has successfully closed its Pre-Seed funding round with participation from a group of angel investors, marking a pivotal milestone in the company’s mission
UAE-based fintech CredibleX secures a $100 million senior secured credit facility from UK investment firm Pollen Street Capital, marking Pollen Street’s first direct entry into the UAE market since opening
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
Amazon Ads and Netflix today announced a new partnership that provides advertisers using Amazon DSP with direct access to Netflix’s premium ad inventory. The service will be available in the
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, 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
In a bold step toward global expansion, Keeta—the international arm of Chinese delivery giant Meituan—has officially launched operations in the UAE, following rapid rollouts in Saudi Arabia and Qatar in
Sunbolah has successfully concluded the second edition of its business acceleration program, organized in partnership with the Agricultural Development Fund. The initiative brought together vision, innovation, and practical support to
E3.Ventures, the leading investment studio specializing in building and accelerating startups, has announced the signing of a strategic partnership with Groq, the global leader in high-performance AI processors. The partnership
CE-Invests, the strategic investment arm of Crescent Enterprises, announced its participation in the $50 million Series C funding round of Flipspaces, a leading interior design and commercial fit-out company with
Dubai-based fintech startup Metric has announced the successful closing of a new funding round of undisclosed value, aimed at strengthening its AI capabilities and expanding its footprint across regional and
ORA Technologies, Morocco’s rising super-app startup, has announced the acquisition of Casablanca-based last-mile delivery platform Cathedis for an undisclosed amount, in a move that underscores its ambition to become a
Property Finder, the leading real estate platform in the Middle East and North Africa (MENA), announced that it has secured a $525 million investment in a landmark transaction led by
Goldtag, a digital asset developer that enables trading precious metals via blockchain technology and integrates its system into multiple platforms, has raised $10 million in Series A funding. The round
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).
RIYADH, SAUDI ARABIA: Shahbandr, the leading e-commerce enabler in Saudi Arabia and the MENA region, has announced the launch of “Shahbandr AI”, the region’s first fully integrated Generative AI Kit
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
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 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
Amazon has unveiled Lens Live, an AI-powered evolution of Amazon Lens that enables consumers to discover products through real-time visual search—similar to Google Lens and Pinterest Lens. Unlike the existing
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
Fitting, the innovative tech platform connecting building material suppliers with real estate developers and retailers, founded by Abdulaziz Al-Mubayyid and Mohammed Al-Mubayyid, has announced the successful closing of a $500,000
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 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
OpenAI is set to produce its first in-house AI chip next year in partnership with U.S. semiconductor giant Broadcom, the Financial Times reported, citing people familiar with the matter. According
In a strategic push to cement its regional dominance, UAE-based e-commerce giant Noon is weighing a dual IPO on both the Saudi Exchange (Tadawul) and the Abu Dhabi Securities Exchange
During the closing conference of the GREAT FUTURES initiative, the launch of two investment funds was announced to support startups in Saudi Arabia and across the Middle East and North
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
Techne Summit today announced the launch of Egypt Innovation Week 2025, marking a major milestone in the nation’s journey towards technological advancement and entrepreneurship, through a community-driven initiative. The announcement
Anthropic has successfully completed a Series F fundraising round of $13 billion led by ICONIQ, bringing the company’s valuation to $183 billion post-money. The round was co-led by Fidelity Management
The Small and Medium Enterprises General Authority (Monsha’at) has launched the second edition of the “Estrdad” initiative, designed to refund government fees for startups and SMEs with a total value
216 Capital has announced a strategic investment in Addvocate.AI, the Franco-Tunisian startup specialised in optimising sales performance with artificial intelligence. Founded in 2024 by Ridha Mami and Sofyan Chekir, Addvocate.AI
The Garage has announced that startups under its incubator and accelerator programs have surpassed a combined valuation of USD 986 million, marking a significant milestone in advancing innovation and entrepreneurship.
WheelsOn, the UAE-based digital car rental platform, announced it has raised USD 12.5 million in a new funding round. The round includes USD 2.2M equity from MENA-focused private investors, including
Morocco-based Justyol, a cross-border e-commerce platform, has raised $1M through a mix of equity investment and inventory financing to strengthen its operations and scale across North Africa. The funding structure
Intella, the market leader in Arabic speech intelligence, today announced it has closed an oversubscribed $12.5M Series A round led by Prosus Ventures, with participation from 500 Global, Wa’ed Ventures,
As part of its strategy to back early-stage startups, Simya VC, launched by 212, has invested $500,000 in reprai, a technology venture set to transform marketing and sales in the
In 2021, Revo Capital became the first institutional venture capital fund to invest in Midas. Following the company’s $80 million Series B round, the fund executed a partial exit, reaffirming
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
TIME magazine has unveiled its annual TIME100 AI 2025 list, highlighting the world’s most influential innovators, decision-makers, and pioneers in artificial intelligence. This year, the list features three prominent Arab
Google DeepMind has officially announced the release of what it describes as the world’s most powerful image editing model, now fully integrated into the Gemini app. The company has highlighted
Anthropic has announced the launch of a research preview for its new AI browser agent, Claude for Chrome, powered by its proprietary Claude models. According to TechCrunch, the agent is
Savvy Games Group, a subsidiary of the Public Investment Fund, has released its 2024 annual report, showcasing the rapid growth of Saudi Arabia’s gaming sector and the group’s performance throughout
Manibux, Turkey’s first digital pocket money application, was founded in 2016 by Canan Akmanoğlu Bayrak to promote financial literacy among children aged 8–18 through prepaid digital allowance cards, a digital
UK-based Paragraf, a leading private technology company specializing in advanced electronics, has announced securing $35 million in investment from Mubadala Investment Company as part of a $55 million funding round.
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
Riyadh, Saudi Arabia – Saudi Arabia granted 34 licenses for regional headquarters in Q2 2025, reflecting the Kingdom’s ongoing efforts to position itself as a leading business hub in the
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
CICC Capital, the private equity investment arm of China International Capital Corporation (CICC), has announced a strategic partnership with BlueFive Capital, a global investment platform originating from the Gulf Cooperation
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
Cointel, an AI-native platform for crypto education and intelligence, has raised $7.4 million USD in a strategic funding round led by Avalanche, the U.S.-based high-performance Layer 1 blockchain, alongside Japan’s
Doha is preparing to host the inaugural edition of MWC25 this November, reflecting Qatar’s ambition to position itself as a leading hub for technological innovation and the telecommunications industry. Organizers
Dubai, UAE – Holo, a UAE-based fintech platform reinventing the home-buying experience, has announced that it has raised $22 million in a Series A round, marking one of the largest
Uncovered Fund and Monex Ventures have announced the launch of a $20 million venture capital fund named the Uncovered Monex Africa Investment Partnership, aimed at backing early-stage startups across the
Zetta Technologies, a Saudi Arabia–based company specialized in providing hardware solutions, announced the successful closure of its latest funding round worth $12 million, led by Core Vision Investment and National
The region has witnessed a wave of funding activity. Gathern.co (🇸🇦 KSA), the Kingdom’s largest P2P rental marketplace offering 35,000+ accommodations across 280 cities, announced the closing of a $72M
Falak Investment Hub has announced its investment in Blomal Capital, a Saudi-based financial technology startup specializing in investment fund distribution, as part of a Pre-Seed funding round. The amount invested
In a significant move to elevate digital shopping experiences, urpay, part of neoleap, has entered into an exclusive strategic partnership with DigiZag, one of the region’s leading digital marketing networks.
Saudi Arabia’s Jahez International Company for Information System Technology (Jahez) has secured a 150 million riyals ($40 million) Sharia-compliant credit facility from the National Bank of Bahrain. The facility, structured
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
Shahbandr, a leading enabler of e-commerce and digital transformation in Saudi Arabia and the wider MENA region, has announced a strategic partnership with Tamara, the region’s foremost provider of Buy
Bilet.com, positioned as a Bilet SuperApp, has received a new investment from Insha Ventures to accelerate its growth and technology-focused transformation. Following its USD 1.2 million Series A funding in
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
Perplexity AI, the artificial intelligence startup, has confirmed making an unsolicited $34.5 billion bid to acquire Google’s Chrome browser, surpassing its own market valuation and backed by commitments from several
Delve, an AI-powered compliance startup, has secured $32 million in a Series A funding round led by Insight Partners, raising its valuation to $300 million. The company has evolved from
Rillet’s $70 million Series B funding round was led by Andreessen Horowitz and ICONIQ. Other participants in the round included Sequoia, Oak HC/FT, and the company’s existing investors. We had
Cairo, Egypt – 5 August 2025 – F6 Group has officially launched its new investment arm, F6 Ventures, in partnership with Flat6Labs, to empower early-stage startups across the Middle East
Boxy, Iraq’s first AI-powered logistics aggregator, has successfully closed a $1.5 million pre-seed round led by EQIQ, a venture capital firm focused on market-gap-driven digital ventures. This investment will accelerate
Alaan, the Middle East’s leading spend management platform, has raised $48 million in Series A funding led by Peak XV Partners (formerly Sequoia Capital India & SEA). Other participants included
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
BlueFive Capital, a leading Abu Dhabi-based private equity firm, today announced that Bahrain Mumtalakat Holding Company, the Kingdom’s sovereign wealth fund, has acquired a stake in the firm, reinforcing Mumtalakat’s
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
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
The Ministry of Communications and Information Technology, through its Digital Entrepreneurship Center CODE, has officially launched the fifth edition of the “Tech Champions” program, targeting entrepreneurs and early-stage startups operating
The Dubai Land Department (DLD) has announced a strategic partnership with Second Century Ventures to launch REACH Middle East, an eight-month accelerator program designed to support high-potential proptech startups. Backed
Saudi-based open finance infrastructure provider Spare has received in-principle approval from the Central Bank of the UAE (CBUAE) to be licensed for open finance operations in the UAE. This positions
The Public Investment Fund (PIF) has retained its position as the world’s most valuable sovereign wealth fund brand for the second consecutive year, according to Brand Finance’s 2025 report. The
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, 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, 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, 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, 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
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, 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
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, 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
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
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
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
ORA Technologies, a Moroccan e-commerce company, has raised $7.5 million in a Series A funding round, fully backed by a group of local investors led by Azur Innovation Fund. The
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
The Mohammed Bin Rashid Innovation Fund (MBRIF), an initiative launched by the UAE Ministry of Finance, has announced the selection of 20 innovative startups to join the 10th cohort of
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
Doha, Qatar – Under the high patronage of Prime Minister Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani, Qatar is preparing to host MWC25 Doha on November 25–26, 2025, at
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
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, 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
The first half of 2025 witnessed a surge in venture capital activity across the Arab region, with standout deals across fintech, AI, PropTech, mobility, and travel tech. Here are the
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, 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
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
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
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
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
Egypt’s AgriCash Secures Pre-Seed Funding to Scale Digital Financial Inclusion in Agriculture Egypt-based agri-fintech platform AgriCash has closed a pre-seed investment round led by Alex Angels, one of Egypt’s leading
Kalshi, the US-based forecasting market platform, has announced a $185 million funding round, reaching a valuation of €2 billion. The round was led by Paradigm, with participation from Sequoia, Multicoin,
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, 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
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
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
Nigeria-based HR-tech startup PaidHR announced the successful raising of $1.8 million in a new Seed funding round, bringing its total investment to approximately $2.9 million. This round follows a prior
Riyadh – In an interview with Al Arabiya, Mohammed Alzubi, Founder and Managing Partner at Nama Ventures, announced that the fund has received a license from the Saudi Capital Market
Riyadh, Saudi Arabia – Sanabil Investments, wholly owned by the Public Investment Fund (PIF), and 500 Global, a leading multi-stage venture capital firm, have launched Batch 9 of the Sanabil
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
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
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
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
XFOLIO AI, a fintech startup based in Lebanon and France, has raised $2 million in Seed funding from Middle East Venture Partners (MEVP) to grow its product and expand into
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
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 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
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
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
In a strategic move to foster startup growth in the region, the Arab Fund for Economic and Social Development has announced a new investment through its financing arm “Bader Fund”,
Stride Ventures, a global leader in venture debt financing, has announced the expansion of its operations into Saudi Arabia, reinforcing its presence in the Gulf Cooperation Council (GCC). The move
Udaan, India’s leading B2B e-commerce platform, has announced that it has raised $114 million in fresh equity funding as part of its Series G round led by M&G Investments and
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
Endeavor has launched the first edition of its flagship Unicorn Builder program in the UAE, in partnership with the Dubai Department of Economy and Tourism and the Dubai Chamber of
Rillet, a US-based AI-powered accounting platform, has raised $25 million in a Series A round led by Sequoia Capital, with participation from First Round Capital, Creandum, Susa Ventures, and angel
Mumbai-based startup Snabbit, a fast-growing on-demand home services platform, has raised $19 million in a funding round led by Lightspeed, with participation from existing investors Elevation Capital and Nexus Venture
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)
UAE-based Tech Universal Ventures has announced the acquisition of FixSquad (UAE) and ELVA11 (Sweden) as part of its expansion strategy to strengthen its footprint across the Gulf region and global
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
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, 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, 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, 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, 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 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
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%
Riyadh Valley Company, the investment arm of King Saud University, has announced its investment in the Middle East Venture Partners’ Fund IV (MEVF IV), a fund managed by MEVP, one
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
Saudi Arabia has officially become the world’s fastest-growing startup ecosystem, according to the 2025 StartupBlink Global Report, which ranked the Kingdom first globally in growth, with a rate exceeding 200%.
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.
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
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
Sylndr, the Egypt-based mobility startup, has raised $15.7 million in a Series A funding round, cementing its position as a leading vertically integrated platform in Egypt’s used car market. The
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
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
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
The Department of Finance (DOF) in Dubai has signed a Memorandum of Understanding (MoU) with global cryptocurrency platform Crypto.com, enabling the payment of government service fees using stable digital currencies
Qlik, a global leader in data integration, analytics, and AI, today announced the close of a significant minority investment led by a wholly owned subsidiary of Abu Dhabi Investment Authority
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
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
Stockholm, May 6, 2025 – Priceagent, the platform revolutionizing pricing strategy, has raised $550,000 in seed funding backed by its founders, consulting experts, and prominent angel investors, including former Cint
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
Uber has announced its acquisition of an 85% stake in Turkish food delivery platform Trendyol GO for approximately $700 million in cash, according to a securities filing. The deal is
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
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
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
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, 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
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
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,
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
Riyadh, April 2025 – STV, the leading growth investor in the MENA tech sector, has announced the final close of its first non-dilutive capital fund, the $100 million STV NICE
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
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
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
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, 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
Riyadh, Saudi Arabia – KPMG Saudi Arabia has launched the 5th edition of its flagship Global Tech Innovator (GTI) competition, offering the country’s most ambitious startups an opportunity to showcase
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
In a strategic move to enhance its leadership in the digital infrastructure space for private market transactions, Zest Equity, the leading digital infrastructure solutions platform for private market execution, announced
Saudi Arabia-based Techrar, the leading platform for subscription, membership, and recurring billing management, announced the closure of a SAR 6 million (approximately $1.6 million) investment round, led by Wa’ed Ventures,
Beyond Odds Technologies, the U.S.-based parent company of vocational training platform Emversity, has raised $5 million in its pre-Series A funding round, led by Lightspeed and Z47, with participation from
Riyadh, Saudi Arabia – April 2025: Jaree, a new Saudi platform founded by Faisal AlNaji, has officially launched to streamline early-stage venture investing in the Kingdom. The platform connects qualified
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, 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
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
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
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
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
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
Startup funding in the Middle East and North Africa (MENA) saw a notable 60% surge in Q1 2025, reaching a total of $693 million, according to the latest Digital Digest
UK-based venture capital firm Octopus Ventures, one of the leading VC firms in Britain, is nearing the completion of a strategic acquisition of the Fintech Growth Fund (FGF) — a
India is poised for a significant surge in initial public offerings (IPOs) from tech startups in 2025, following a robust performance in 2024. According to data from Inc42, approximately 23
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
Egypt’s financial services sector posted strong gains on the Egyptian Exchange last week, driven by heavy investor buying. Beltone Financial Holding’s share price rose 0.50% to EGP 2.03 from 2.02, lifting
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,
Deloitte Middle East has announced the results of the 4th edition of the Deloitte Technology Fast 50 program, celebrating the fastest-growing tech companies across the Middle East and Cyprus. The
Dubai, UAE – BridgeWise, a global AI-powered investment intelligence platform, announced its official expansion into the Middle East after securing an operational license from the Dubai International Financial Centre (DIFC).
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
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
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, 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
Mantra, a leading blockchain platform designed to tokenize real-world assets, has announced the launch of its investment fund, the Mantra Investment Fund “MEF,” with a target capitalization of approximately $108.8
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, 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 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 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
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 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
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)
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
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
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
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
Riyadh, Saudi Arabia – Arabian Pay, the Kingdom’s leading national fintech platform, has successfully closed its Pre-Seed investment round through a strategic agreement with Al Bassami Holding Group, a global leader
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
StartUp Bahrain, supported by the Labor Fund (Tamkeen) in the Kingdom of Bahrain, has announced a strategic partnership with ordable, a business management solutions provider, aimed at enhancing operational efficiency and
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
Startups from Kenya and the rest of East Africa have been invited to apply for the Startup 360 Connect program, which aims to help ventures expand globally while leveraging the dynamic innovation
Yango Group, a leading technology company, has announced the launch of a new institutional investment fund named “Yango Ventures” with a value of $20 million. The fund aims to support
Kenyan logistics startup Leta has successfully raised $5 million in an initial funding round. The company plans to use the funds to enhance its products and expand into strategic markets
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.
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
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, 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,
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
Yango Group, a global tech firm based in Dubai, has launched a $20 million corporate venture fund targeting early-stage startups across the Middle East, North Africa, and Pakistan (MENAP), Sub-Saharan
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, 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, 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, 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
Binance, the world’s largest cryptocurrency exchange, has announced that MGX, a UAE-based leader in AI and advanced technology investments, has acquired a minority stake in the platform for $2 billion. This marks
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, 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
Welcoming New Investors from France, Luxembourg, Mauritius, Kuwait, and KSA. Abu Dhabi, 12 March 2025 – Phoenix Venture Partners (“PVP”) announced on 19 February 2025 the successful second closing of its fund, Phoenix
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, 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-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
The General Authority for Small and Medium Enterprises (Monsha’at) has announced that 5 Saudi startups have achieved unicorn status with valuations exceeding $1 billion, while 35 more startups are on
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, 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
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 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
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, 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
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
The UAE’s “100 Future Companies” initiative, led by the Ministry of Economy and the Office of Government Development and the Future, unveiled its 2024 list of top startups during the
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
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
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