UAE-based BaaS supplier of integrated financial platform NymCard reported that it has joined Visa's Fintech Fast Track program. The association will permit NymCard's organization of fintech accomplices to locally available onto Visa's worldwide organization through the last's Fintech Fast Track Program. This move will give NymCard's fintech accomplices, optimized...
Digital Finance Holdings, Inc (DFin) a company based in Egypt, has launched a platform focused on Fintech whose aim is to help build Fintech's next-generation in MENA, together with launching Camel Ventures –a new venture debt fund. Currently, the fund is raising fund and its website announced that they...
Tunis-based edtech startup GoMyCode has reported its multi-mainland venture into Algeria, Morocco, Egypt, Nigeria, Ivory Coast, Bahrain, and France, taking advantage of new business sectors subsequent to getting subsidizing last year. The platform was established back in 2017 by CEO Yahya Bouhlel, GoMyCode began as a coding school prior...
Despite a significant decline in funding in 2023, Middle Eastern fintech companies demonstrated remarkable resilience; Navigating challenges such as high-interest rates and geopolitical uncertainties, these fintechs are leveraging innovative technologies and pursuing expansion strategies. According to KPMG, fintech funding in Europe, the Middle East, and Africa dropped to its...
Moroccan MedTech platform DataPathology has been popular for providing remote pathology consultation has successfully managed to raise about $232K in their latest funding round. The funding round was led by WitamaxOne which is the investment firm that is jointly backed by Southbridge A&I and AXXAM Family Office.
DataPathology was founded...
OTO, the Saudi-based Shipping management software and delivery platform that they’ve managed to successfully raise $3M in their latest seed funding round. The funding round was led by Middle East Venture Partners (MEVP) and Derayah Capital.
OTO was founded by CEO Mohammad Al-Razaz and CTO Furkan Uzar. And it has...
Amenli, the YC-backed startup has managed to attract a $2.3M seed round investment for providing insurance services across Egypt and that’s not all. The round had investment from several firms from both local and foreign. The investment firms include GFC, P1 Ventures, Liquid2 Ventures, Anim Fund with Costanoa VC,...
Elkaso, the popular UAE-based B2B marketplace has managed to successfully raise about $2.1M in its latest funding round was led by Global Founders Capital and MSA Capital. Although it was joined by key strategic global and regional investors including former and current leaders of Careem, Delivery Hero, Apple, Faith...
Fintech giant FlexxPay, a Dubai-based payment platform has announced raising about $3M. The fund was raised in a pre-Series A round and it was comprised of equity debt. The investors include a lot of popular names from different regions. They include DIFC Fintech Fund, Arzan VC, Nuwa Capital, VentureSouq,...
The popular water solution app from Saudi Arabia, Moya App has finally managed to successfully raise about $2M in their latest funding round. The funding round was led by MLM Invest Company. The platform was first launched back in 2019Â by Abdulrhman Almustafa, Abdullah Alshuaibi & Ahmed Alkadi. Ever...
