Open Banking is an Internet-based service that allows small business owners to access their own money. The service is available to businesses of all sizes, but particularly to those in the technology and software industries. Open Banking is based on the Open Source Software concept, which is a form...
The MSA was selected by the ISSF because of its board experience in the industry, robust track record, global access, and deep roots in the East and China. And this new access to MSA’s resources will certainly allow the ISSF to develop themselves in a competitive and entrepreneurial ecosystem...
The popular Karachi-based Fintech startup CreditBook that helps small business visionaries digitize and track the entirety of their exchanges, has announced raising about $1.5M up in seed round and that’s not all. The startup's seed round was a blend of worldwide and nearby financial backers. They include Pakistan's BitRate...
CE-Ventures, the corporate funding foundation of UAE-based Crescent Enterprises, has reported that it is multiplying its investment interests in new businesses to arrive at $272M which is roughly AED 1B by next year and that’s not all. Since its initiation in 2017, CE-Ventures has effectively contributed more than $136M...
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...
It was announced that UAE-headquartered popular IoT startup iWire has managed to raise a $34M Series A funding round. The round was led by Noor Capital and was joined by Bpifrance. The startup has been building country-wide communication networks to improve and power a huge number of IoT solutions...
It was announced that Mohsin Haider Darwish, one of the biggest and leading business houses in the Sultanate of Oman, has consented to an arrangement to turn into a huge investor in the popular worldwide online marketplace “Nabay.com”. This particular partnership will help speed up the platform’s client-centered mission...
Vogacloset is an online retail platform specializing in fashion, based in the UK. What sets them apart from other platforms is that their main area of catering is for the Middle East. They have recently been acquired by Alhokair, a franchise retail company in Saudi Arabia. The venture is a...
It was announced that the Innovative Startups and SMEs Fund (ISSF) has made a direct investment of $150K in Jordan-based online marketplace Matrix. The fundraising was started back in January this year and they’ve managed to raise a seed fund of $300K by teaming up with Select Ventures Holdings,...
STEPPI, the UAE-based health and corporate wellness platform for its successful management of raising about $1.8M in its latest funding round. The funding round was powered by a new partnership with boutique health and fitness experts, Embody Fitness, based in London and Dubai. The funding round has welcomed Embody...
