It was announced that Tabby, the popular buy now pay later platform from Dubai has raised about $50M in debt financing from San Francisco-based Partners for Growth. It’s the largest debt facility which was raised by fintech from the MENA region which was said by the startup. The startup...
Jugnu, the Pakistan-based B2B eCommerce startup, and the online marketplace about their successful management of raising an undisclosed amount in its latest funding round. The latest funding round was led by Sarmayacar which is the Pakistan-based VC investing in Early Stage startups in the region. The round however marks...
It was announced by the Innovative Startups and SMEs Fund (ISSF) and Dutch Good Growth Fund (DGGF) have set up their obligation to secure the launch of Amam Ventures, which is Jordan’s first SME gender lens fund.
Amam Ventures is an investment group that is aimed at making impact investments...
NOW, the Dubai-based fintech has already raised about $7M in a fresh fund round which was announced today. The round was led by Anthemis Exponential Ventures and was joined by investors including Wamda Commercial Bank of Dubai, Accion Venture Lab. Hambro Perks’ Oryx Fund, Knuru Capital, DIFC FinTech Fund,...
It was announced today that the popular Kuwaiti beauty eCommerce platform Boutiqaat has been freed from the money laundering case they’ve been fighting against. The entire case was dismissed after finding pretty much no evidence of any illegal activities regarding money laundering by the public prosecution. They’ve been under...
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...
It was announced by Doctori, the popular Bahrain-based HealthTech startup that it has gotten a $500K Seed financing round, and the round was led by various undisclosed financial backers. The platform was established back in 2018 by Ahmed Alawadhi and Ahmed Mahmood and since then, it has been one...
e&, the telecommunications giant based in the United Arab Emirates, has entered into a $1 billion partnership with Amazon Web Services (AWS) aimed at enhancing cloud adoption and digital transformation across the Middle East and North Africa (MENA) region.
The six-year agreement will focus on delivering essential cloud services, including...
The popular UAE-based healthy snack brand for children Koala Picks has managed to raise about $408.4K which is roughly 1.5M in AED in their first external funding round. The funding round was led by friends and family investors. The funding round didn’t have any institutional investors and all funding...
Iranian start-ups have certainly endured a difficult time with 4 years of sanctions, currency devaluations, economic problems and COVID-19. Some companies still operating and thriving in the digital ecosystem founded by women worth noting.
Takhfifan
This start-up initially started as a clone of Groupon and over time has come to it’s...
