In 2021, Faisal Rashed established this Bahraini loyalty program known as Ahlan App and has secured a $3 million investment which values the company at 15 million dollars. This was considered Ahlan's first-round investment that was followed and led by Hope Ventures investment group. Besides other angel investors joining...
Investcorp Technology Partners aka ITP from Bahrain of their acquisition of all of the business and assets of MIR Limited which is the UK-based FinTech startup company. The startup works with innovative and award-winning payment platforms along with operating with e-wallet solutions as well.
Founded back in 2016, MIR Limited...
After the initial first successful first run, Google has reported the second round of its Startups Accelerator program for the MENA region and that’s not all. Chosen new companies will be combined with pertinent specialists from Google and the business everywhere to help tackle recognized issues. Partaking new companies...
The popular student-centric edtech and AI-based company GoLearn Education has landed down in the MENA region. The Strategic Board Advisor naming Nada Ali Reddha has announced this about GoLearn’s expansion to MENA. Her career includes being Founder & Chairperson of SEED Group in UAE, membership of Nama Women Advancement...
GIZ Egypt has announced a €100M which is roughly $120M subsidizing program "VC University", focusing on first-time investment (VC) reserves. It’s in association with Egyptian Micro, Small and Medium Enterprises Development Agency (MSMEDA), Endure Capital, and Changelabs
The sole purpose of this year-long program will offer planned asset administrators mentor...
Raqamyah, a Riyadh-based crowdlending platform has raised about $2.3M in just one investment deal. They announced that the investment round was managed and led by Impact46 later that day. There were other investors included such as Mad’s investment, Al Yusr and Fadeed Investment. Another round of participation was made...
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...
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...
The GSMA declares its most recent Innovation Fund for Digital Urban Services following the accomplishment of three years of centered assets, peering toward African, South Asian, and Southeast Asian new companies that are tending to the critical difficulties in quickly extending metropolitan areas.
Inside a more extensive long haul worldwide...
The popular funding firm Nama Ventures from the KSA has declared its launch of another $27M funds that have been raised from high-net-worth financier along with, institutional financial investors and even family workplaces. In spite of the fact that the asset will focus on new businesses in KSA, Nama...
