The popular Qatar-based mobile wallet platform, SkipCash has drawn one stage nearer towards its grandiose objective to turn into the most popular and used mobile application on the Peninsula, subsequent to uncovering that it has raised around $2M which is roughly QAR 7M in a seed round led from...
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...
Enhance Fitness, the popular Dubai-based on-demand personal training platform has announced today that they’ve successfully managed to raise about $3M in a Series A funding round. This latest Series A funding round was led by Global Ventures which is a UAE-based regional-focused venture capital firm.
Enhance Fitness was founded back...
Saudi-based on-demand marketplace and foodtech platform Siwar has successfully managed to raise about $7.5M in its latest funding round. The funding round was led by Riyadh-based travel services company Seera Group with the participation of key investors in the region.
The platform was launched back last year and it’s been...
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...
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 Fintech giant and microloan service solution provider from Egypt Kashat has managed to successfully raise about $1.75M in the latest funding round and it was announced today. The Bridge round was participated by several regional investors. The round was led by Pan-African fund Launch Africa and they’re known...
The popular AgriTech start-up in the digital fresh produce platform from Lahore has managed to successfully raise about $2M in its latest Pre-Seed funding round. This particular pre-seed funding round was led by Global Founders Capital. The round was also joined by Zayn Capital and recorded participation from Ratio...
It was announced today that Stake, the Dubai-based real estate venture platform has brought $4M up in a seed round which was led by Combined Growth Real Estate. A regional family office Vivium Capital, European VC Verve Ventures, Riyadh-based Lama Holding, Saudi private backer Mishaal Alireza, and the investors...
The popular Pakistani trucking marketplace Truck It In has raised about $1.5M in a pre-seed round and was announced today. This Karachi-based popular trucking marketplace has pretty much managed to create one of the largest pre-seed investments raised by a startup in the entire Middle East, Pakistan, and North...
