Flat6Labs in Bahrain has provided seed investment to UAE based HR platform Knack. This B2B platform was founded in Sharjah, UAE in 2020 by Divesh Lachhwani and Amna Aljarwan in effort to provide coaching, mentor ship and other HR related services to companies; and at times individuals.
At the time...
It was announced that Tabby, the popular buy now pay later platform from Dubai has raised about $50M in debt financing from San Francisco-based Partners for Growth. It’s the largest debt facility which was raised by fintech from the MENA region which was said by the startup. The startup...
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...
Tranglo, a Singapore-based fintech specialist, announced that it will expand its cross-border payment network for instant and direct transfers to over 30 e-wallets.
Tranglo is headquartered in Kuala Lumpur, Malaysia, and was established in 2008. It also has offices in Kuala Lumpur, Singapore, Jakarta, Dubai, and London. This cross-border payment...
It was announced on Monday that the popular Dubai-headquartered buy-now-pay-later startup Postpay has managed to raise about $10M from the global leading buy-now platform Afterpay along with AP Ventures which is an Australia based platform. This fresh round has summed up Postpay’s total financing about $35M as of now....
Artificial Intelligence (AI) is rapidly becoming one of the dominant forms of technology in the world. So it shouldn’t come as a massive surprise that Hazen.ai, a company which specializes in creating intelligent traffic technology which utilizes AI to improve safety on the roads has gotten more investment in...
Sakneen, a property tech startup based in Egypt, recently announced that it had raised $1.1 million in a seed round led by Algebra Ventures. Sarwa Capital and Foundation Ventures also contributed significantly to the round. Hem + Spire, a real estate private equity firm based in the United States,...
It was announced today that the well-known Saudi Company Tamer Group is to acquire Mumzworld. The group has interests in healthcare, beauty, and FMCG products and Mumzworld is the leading eCommerce platform in the region for mother, baby, and child products. Although they didn’t announce the details on the...
Telda, a Cairo-based advanced banking application has raised a $5M Pre-Seed subsidizing round, drove by Sequoia Capital with support from Global Founders Capital and Class 5 Global. This denotes the primary venture for Sequoia in North Africa and GCC and the main speculation by Global Founders Capital and Class...
A tech start-up based in Riyadh, Azom, which designs, develops, and sells computer software and electronics, has raised a Series A funding round worth $9.5M (36M Saudi riyal), from Assr AlJawal and an anonymous individual investor.
Azom was established to develop and provide electronics and technologies such as phones and other...
