It was announced today that Riyadh-based Ecommerce platform Tamara has brought $110M up in a Series A round. The round was led by the popular leading global payment processor Checkout.com. Tamara is popular because of its "buy now pay later" motto. The round is contained obligation and value and...
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 Riyadh-Based food subscription app Dailymealz has raised about $2M in Pre Series A round. The fund was led by Seedra Ventures and the round even was even joined by some popular angel investors.
Dailymealz allows customers to order their food with their subscriptions from the app. The subscriptions are...
It was announced by Jahez International Company for Information Technology (Jahez) that the arrangement of HSBC Saudi Arabia as the Sole Financial Advisor and Global Coordinator for its possible first sale of stock (IPO) on the Saudi Exchange's Nomu - Parallel Market. Jahez is a local Saudi business that...
OpenSooq with its HQ in Jordan raised $24 million funding lead by Saudi Jordanian Investment Fund (SJIF), FJ Labs, and iMENA Group.
Open Sooq allows consumers and SME's to trade across a MENA level geography offering categories in prime sectors such as property, electronics, fashion, local crafts and interior decoration....
The FSRA of Abu Dhabi Global market has already introduced their latest innovative regulatory system for different fintech firms available for supervising and authorizing them who provide various third-party services to clients from other financial platforms.
TPPs are firms that play an important role as a medium between fintech firms...
The US-based global digital media investor NBM aka North Base Media of their investment in Majarra which is an Abu-Dhabi-based Arabic online content provider. The investment included other strategic GCC individuals which were said in a statement.
“We’re delighted to have a high quality and specialized investor like North Base...
The Angel Investment Network of the Middle East (MAIN), which promotes angel investing in the region, has announced a free standard Egyptian legal document for early-stage founders and investors.
This was done in collaboration with the Development Cooperation in Germany implemented by GIZ Egypt (GIZ), a network of MENA’s leading...
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...
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...
