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...
It was announced by Mastercard that the Bahrain-based NEC Payments will be the main worldwide accomplice of Mastercard Fintech Express, setting a large group of opportunities for new businesses and fintech players to launch Mastercard-giving administrations and open freedoms inside the economical system.
The platform was dispatched last year and...
Mamo, a Dubai-based Fintech and digital financial platform with different innovative features have brought $8M up in a Pre-Series A financing round. The round was led by Global Ventures, with interest from 4DX Ventures, AlRajhi Partners, Olive Tree Capital, and noticeable Fintech-centered Silicon Valley financial backers and that’s not...
The popular Cairo-based grocery platform startup, Appetito has raised about $450K on a Seed round from a gathering of Saudi Arabian Angel investor Ahmed Al Alola. He led the entire funding round in a beginning phase who was one of the early sponsors of Nana and Sary along with...
Cairo-based furniture eCommerce commercial center Homzmart has brought $15 million up in a Series A drove by MSA Capital and Nuwa Capital, it reported in an articulation today. The round additionally incorporated the interest of the Rise Capital, Impact46, EQ2 Ventures, and Outliers Venture Capital. It had recently brought...
Flat6Labs Bahrain has concluded its 6th Cycle, in which eight startups participated in a 4-month acceleration program and received a $32,000 investment fund each.
Flat6Labs Bahrain is the latest Tamkeen-backed startup accelerator whose mission is to promote and launch both local and international startups in Bahrain.
Through its massive, far-reaching channel...
The Jordanian start-up scene has both regional and international recognition. The ecosystem is mostly shaped by young entrepreneurs in the ICT sector with prominent accelerators like Changelabs and IBDA3. Jordan is one of the key players in MENA’s Information and Communication Technology(ICT) forum. Jordanian start-up ecosystem aims to bring brilliant ideas of domestic...
Pakistan’s popular B2B eCommerce platform Dastgyr announced that they’ve managed to raise about $3.5M in a seed round. The round was led by SOSV and it brings the total sum as of now to $4M and that’s not all. The round was joined by Asian Development Bank’s VC arm...
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...
Knuru Capital, a Venture Capital firm based in Dubai, has signed an agreement to handle a venture portfolio in its early-stage from an investment vehicle - DP Ventures Holdings - set up by Delta Partners senior executives to invest in technology companies in early-stages around the world.
The portfolio which...
