UAE Fintech Startup Klaim Raises $26M to Transform Healthcare Payments
Klaim, a UAE-based healthcare fintech startup, has secured $26 million in funding to accelerate medical insurance claim payments. The funding includes $10 million in Series A equity and $16 million in debt financing. Saudi-based Mad’a Investment led the round, with...
For the company North Ladder, known to some as BuyBack Bazaar, business is booming. The company has recently secured a $5M Series A funding round, led primarily by their new friends at BECO Capital. North Ladder, a secure trading platform based in the UAE, provides users with instantaneous access...
It was announced today that Morocco headquartered Fintech startup Yalla Xash has raised a total sum of $675K series A funding round which was led by Maroc Numeric Fund II. The startup was established back in 2018 and ever since then, they’ve been providing money transferring features that allow...
The UK-based ride-hailing application UVA is dispatching its expansion in Egypt next month and is set to mix rivalry in the nation's ride-share market. The platform was established by Ibrahim Aldaajani, UVA flaunts a set-value highlight in requesting a ride through their application, vowing to take out unnecessary charges...
The QSTP, Qatar Science & Technology Park which is a part of QFR and QF RDI has recently signed an MoU with Innovation Café. The Café provides a lot of innovation related to development and configuration thinking studio arrangement which intends to give the correct chances, direction, and backing...
The Angel Investment Network of the Middle East (MAIN), which promotes angel investing in the region, has announced a free standard Egyptian legal document for early-stage founders and investors.
This was done in collaboration with the Development Cooperation in Germany implemented by GIZ Egypt (GIZ), a network of MENA’s leading...
The popular tech disruptive solution company Ireland's RegTech startup has been pretty busy at tech dealing with the lead growing local financial market DX Compliance. And it has officially extended its activities in the MENA area with its new base in Abu Dhabi, UAE which was announced very recently...
It was announced that the Moroccan eye-wear eCommerce startup LNKO will be soon expanding to the UAE after having closed a DH 3M which is roughly $335K. It’s from the investment arm of Moroccan bank, CDG Capital through its 212Founders acceleration program.
The startup was launched back in April 2020...
GIZ Egypt has announced a €100M which is roughly $120M subsidizing program "VC University", focusing on first-time investment (VC) reserves. It’s in association with Egyptian Micro, Small and Medium Enterprises Development Agency (MSMEDA), Endure Capital, and Changelabs
The sole purpose of this year-long program will offer planned asset administrators mentor...
The popular Protech startup Huspy from Dubai has managed to raise a funding round. The round was joined by B&Y Ventures, Amir Farha (Cotu), Plug and Play along with other regional family offices and the round was led by VentureFriends.
The platform was founded back in August last year by...
