The global payment company Stripe finally executed their expansion in the Middle East and was announced very recently. They’ve officially launched their platform in the UAE with their first office opening in the Dubai Internet City. The private beta of the company was already launched a couple of months...
Mind the Bridge, the International Chamber of Commerce and innovation advisory firm has teamed up to launch their CSS competition awards for the second year in a row and that’s not all. As a respective part of the MENA Digital Scaleup Summit, this team is to identify and expand...
Maqsad, the popular Karachi-based Edtech platform on successfully managing to raise about $2.1M in a Pre-Seed round. This particular pre-seed round was led by Indus Valley Capital. The round was also joined by Alter Global, Fatime Gobi Ventures along with several founders of different startups both in Pakistan and...
Saudi Fintech Nayla Finance Secures $4M to Expand Digital Lending for Small Businesses
Nayla Finance, a Saudi Arabian fintech platform specializing in digital lending solutions, has raised $4 million in seed funding to expand its services for micro and small businesses across the Kingdom. The funding round was led by...
GBarena, the popular esports and tournaments platform from Cairo has managed to successfully raise six-figure in their latest Pre-Series A funding round. The funding round was led by key angel investors Ahmed Aboudoma, Kushal Shah, and HIM Angles VC network. This newly raised fund will be used for creating...
The popular UAE-based healthy snack brand for children Koala Picks has managed to raise about $408.4K which is roughly 1.5M in AED in their first external funding round. The funding round was led by friends and family investors. The funding round didn’t have any institutional investors and all funding...
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,...
Under the oversight of the Saudi Central Bank (SAMA), Saudi Payments reported the dispatch of Saudi Arabia's instant payment platform 'sarie' in collaboration with IBM and Mastercard and that makes it one of the fastest ways to make transactions in the region.
As of now, 'sarie' upholds all Saudi banks...
The popular water solution app from Saudi Arabia, Moya App has finally managed to successfully raise about $2M in their latest funding round. The funding round was led by MLM Invest Company. The platform was first launched back in 2019Â by Abdulrhman Almustafa, Abdullah Alshuaibi & Ahmed Alkadi. Ever...
The global fintech and fund manager Liquidity Capital has announced its latest joint venture with Yas Investments from Dubai. While being focused on financing Tech startups from the MENA region, this latest partnership will culminate in a Venture Debt Fund of $100 Million in Abu Dhabi’s global markets.
Venture Debt...
