Google today announced a significant expansion of its digital payment ecosystem, with the official launch of Google Pay in Lebanon and Oman. This strategic move underscores Google's commitment to enhancing access to secure and convenient digital payment tools across the Middle East and North Africa (MENA) region. The service...
It’s been four months since Falak Investment Hub, the Saudi-based startup has accepted the application of eight of the most popular tech startups within the MENA regions into their acceleration program. The program consists of three new companies from Egypt along with three from KSA, and one each in...
UAE-based BaaS supplier of integrated financial platform NymCard reported that it has joined Visa's Fintech Fast Track program. The association will permit NymCard's organization of fintech accomplices to locally available onto Visa's worldwide organization through the last's Fintech Fast Track Program. This move will give NymCard's fintech accomplices, optimized...
Logistic and supply chain company, Trukkin has raised it's series A investment round of $7 million from Saudi based Emkan Capital.
Trukkin, founded in 2017 by Janardan Dalmia who used to work as a financial executive brands itself as a leading aggregator platform which matches shipping with trucking for a...
Fawry, the Fintech giant and E-payment solution provider from Egypt has successfully managed to acquire shares in Brimore which is a social commerce marketplace. Their latest minority acquisition comes in a series of efforts by Fawry and it is valued at $1M. This particular acquisition will help Fawry to...
Pavegen is very popular for developing and installing kinetic walkways that convert several things into psycho-graphic and emotional insights. They mainly take footsteps into off-grid, data, and clean electricity and then use the conversion methods. The generated energy then is used to power applications including LED lighting and e-link...
Getir is been popular very recently for offering 10-minute grocery delivery. This Istanbul-based platform is turning into a revolutionized grocery delivery platform and they deliver about 1,500 items every day to the customers. Their delivery system is active 24 hours a week and they offer their fast delivery option...
Cartona, the popular Egypt-based B2B platform connecting retailers to manufacturers and wholesalers about their successful management of raising about $4.5M in their latest Pre-Series A funding round. This particular Pre-Series funding round was led by Global Ventures. The round was also joined by Kepple Africa Ventures, T5 Ventures, and...
In a seed funding round, the Egypt-based online portal, Sakneen, that helps home buyers locate properties, has raised $1.1 million with support from Sarwa Capital and Foundation Ventures and led by Algebra Ventures.
Others entities that invested in the round were Nakhla VC - a Saudi-based fund, Hem+Spire - a US-based...
It was announced that Arrow Labs, a popular Dubai-based software startup has managed to raise $5M in Series A from Tim Draper’s Draper Associate. There were participation in the round by Global Ventures and B&Y Ventures. The investment is notably the first investment ever made in the Middle East...
