E-FINANCE for Digital and Financial Investments, the first fintech platform in Egypt of their offer up to 14.5% of its capital in an IPO and that’s not all. The offer also involves listing its shares on the EGX in the final quarter of this year.
E-FINANCE has already claimed to...
Announced today, Pakistani Lahore-based edtech Edkasa has raised about $320K in a pre-seed funding round. The round was closed a couple of months ago and it was led by i2i Ventures, but the announcement was made today instead. The round was joined by Zayn Capital, Walled City Co along...
Mubadala, Abu Dhabi's prominent sovereign wealth fund, is reportedly in advanced discussions to significantly increase its investment in Revolut, the UK-based digital banking and payments powerhouse. The potential deal, valued at approximately US$100 million (£78 million), would see Mubadala acquire an additional stake in Revolut, which is now commanding...
Egypt-based investment company EFG Hermes has announced their investment of $725M in Ignis Energia, a Spanish renewable energy specialist via the company’s private equity arm’s Vortex Energy Fund as a series of capital injections. And it will be deployed over the next few years under some conditions of course.
It’s...
It was announced that Quix, the popular Saudi Arabia-based on-demand delivery platform has raised SAR 3M which is roughly $800K pre-launch from more than 559 financial backers. The fund was raised through the crowdfunding platform Scooper. This carries the organization's absolute post-evaluation to SAR 10.1M which is roughly $2.7M...
RentUp, a PropTech startup in Egypt, has raised a Pre-Seed funding round in six-figures from Luqman Weise Capital, a Japanese private equity firm that specializes in Fintech innovation and technology development.
RentUp is a property rental platform founded last year that makes use of AI-powered technology that allows homeowners to...
Podro Iran’s delivery and logistics startup raised $12.5 million (300 billion Toman) from Fanap, an old guard of Iran’s digital ecosystem. Podro offers small to medium sized businesses B2B and B2C services, with many Iranians using social media to open store fronts to sell products and goods such as...
Health-tech start-up MEDZnMORE raised a pre-series A round of $11.5 million from a series of angel and venture capitalist firms. Founded in 2020 based in Karachi Pakistan, in pursuit to solve the medical and wellness delivery service for B2B and B2C clientele of consumers, pharmacies and hospitals.
With the growth...
16 of the top 100 companies in MENA (Middle East and North Africa) are led by extraordinary Women. Egypt had the majority closely followed by Saudi Arabia. Here are the 50 of the most Powerful Arab Women who are highly successful the business world in MENA primarily in the...
The company announced that the goal of this investment, which is a mix of equity and financing, is boosting the Saudi market's home advertising.
dKilo, an ad tech startup that is located in Egypt, during the Leap 2024 conference in Riyadh, made a public statement to inform that the company...
