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...
The ALsaree3 group has closed a 7-figure bridge round at the end of last month. The group consisting of 2 different platforms including Alsaree3 which is a food delivery platform and Al Zajel Express which provides delivery services. The round was coordinated by Innovest ME and Iraq Tech Ventures....
The popular car subscription platform from UAE has secured a $3M pre-series A funding round and that’s not all. This popular platform closed the funds was participated by Rua Growth Fund along with several other undisclosed investors and it was led by Net Ventures.
The platform was launched back in...
In excess of 45 ethnicities have bought units worth around roughly $96.9M in Creek Views I started by the engineer. About this project, engineer Azizi says 75% of the Dubai Healthcare City project sold, So far, in excess of 45 identities have bought units worth AED 356M which is...
Amazon’s payment processing service in the MENA region, Amazon Payment Services has announced some changes about waiving all fees for the new businesses. Their aim is to benefit from the services that come with it in Egypt. Amazon Payment Services will postpone their services on accounts and support fees...
The Riyadh-Based food subscription app Dailymealz has raised about $2M in Pre Series A round. The fund was led by Seedra Ventures and the round even was even joined by some popular angel investors.
Dailymealz allows customers to order their food with their subscriptions from the app. The subscriptions are...
Retalio, the popular Saudi-based B2B E-trade commercial center startup has raised a $6.7M seed venture round very recently making them the biggest seed round speculation on record for a Saudi startup and that’s not all. The startup was led by Shorooq Partners and Abercross Holdings, and with the interest...
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 US-based global digital media investor NBM aka North Base Media of their investment in Majarra which is an Abu-Dhabi-based Arabic online content provider. The investment included other strategic GCC individuals which were said in a statement.
“We’re delighted to have a high quality and specialized investor like North Base...
Fintech NymCard which has its headquarters in Abu Dhabi, announced in a statement that it has launched an Open API platform for issuing and processing of payment cards.
The announcement is coming on the heels of NymCard’s $7.6 million Series A which the company had raised the previous month. The...
