Orange Ventures which is the Venture Capital Fund of the Orange Group of their investment in the Lamma app, which is a Tunisian Qcommerce app that specializes in last-mile mobility.
This funding comes right after Lamma launching their Q-Commerce application. And it works by focusing on revolutionizing customer experience in...
The Fintech giant and microloan service solution provider from Egypt Kashat has managed to successfully raise about $1.75M in the latest funding round and it was announced today. The Bridge round was participated by several regional investors. The round was led by Pan-African fund Launch Africa and they’re known...
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...
Supy, the popular UAE-based B2B food marketplace has managed to raise about $1.5M in a Pre-Seed funding round. This latest Pre-Seed Funding round was co-led by UAE-based investor COTU Ventures and US-based Valia Ventures, marking their first investment in MENA.
Supy was founded by CEO Dani El-Zein, previously COO at...
This funding round was led by Flat6Labs, Vision Health Pioneers ( German based incubator) and supported by a group of expat angel investors from the USA, EU, Australia, and KSA. Their investment underlines a shared commitment to improving mental health care quality and accessibility in our region.
Arab Therapy's strategy...
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 Ministry of Communications and Information Technology of Saudi Arabia and global investment platform Techstars have teamed up to launch the latest Riyadh Techstars Accelerator project. This particular accelerator program will help improving entrepreneurs and startups to help them innovate and grow their businesses in the MENA region. Their...
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...
The popular Silicon Valley FinTech startup Tribal Credit managed to raise about a $34.3M Series A financing round which was announced today. The round was led by QED Investors and Partners for Growth (PFG) and that's not all. The round was also joined by existing financial investors like BECO...
Sawari Ventures has closed their startups in their Egyptian-focused fund with about new commitments of $28M which roughly 440M in EGP. The commitments were from Kuwait Investment Authority’s Ekuity, Banque Misr, Suez Canal Bank, Misr Insurance Group, National Bank of Egypt, and Banque du Caire. In the previous round,...
