The Finance house of Kuwait along with the holders of KFH VISA ATM are providing cards the transaction methods using NFCs locally and around the world just as Mastercard cards use which is very convenient right now. The Group Acting Deputy General Manager Cards, at KFH, Talal AL-Arbeed, said...
The Abu Dhabi-based sovereign investor Mubadala has finally invested about $75M in 5-year pre-IPO convertible bonds of Telegram. Telegram is an open-source popular social media platform mainly known for its security-focused services over other popular social media.
The investment and partnership aimed at creating a new collaboration of opportunities between...
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...
It was announced today that Eyewa, the popular Dubai-based eyewear startup has raised about $21M in a Series B round. The round was co-led by Kingsway Capital and Nuwa Capital. There was also notable participation from French Partners, Endeavor Catalyst, Derayah Ventures, Palm Drive, and Hardy Capital. And it...
The Egyptian eCommerce SaaS solution supplier zVendo has effectively raised a seven-figure Pre-Series A financing round from Mobica and Gratus Holding. The platform was established back in 2018. zVendo was made by Egyptian entrepreneurs to oblige the developing E-trade market in Egypt, Middle East, and Africa meaning in the...
Savyour, the popular Pakistan-based Fintech platform, and developer of the first cashback app and pay-per-sale affiliate marketing network that they’ve managed to successfully raise about $3.3M in its latest funding round. This latest seed round was co-led by Global Founders Capital and Zayn Capital and it was joined by...
The KSA-based cloud POS platform Prexle helps retail store owners including clothing shops, electronics, and even grocery stores to manage their customers, discounts, purchase orders, and manage their inventories simultaneously. The platform also allows to manage and generate reports on taxes, sales and inventories as well. This startup was...
The popular freight marketplace from Lahore, BridgeLinx has managed to raise $10M. And it’s the country’s largest seed round to date and that’s not all. This regional largest seed round was led by Harry Stebbings’ 20 VC, Josh Buckley’s Buckley Ventures, and Indus Valley Capital. The seed round deal...
Zameeli, which is located in Oman, is a platform to connect SMEs to local freelancers who plan to raise their equity crowdfunding with the help of "Mamun '' the Omani fintech.
Tariq Al Habsi and Aysha Alqmashouai founded the Zambezi in 2021. With the support of the Oman Technology Fund...
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...
