The popular Saudi-based FinTech and digital POS provider CashIn has managed to successfully raise about $1.6M in a funding round. The funding seed round was led by some of the most popular key investors including BIM Ventures along with a wide number of angel investors as well.
In the first...
It was announced that the Egyptian agtech startup Mozare3 has raised more than $1M in a pre-seed round drove by Algebra Ventures and Disruptech. The round additionally incorporated the cooperation of EFG-EV and some private backers. The platform was established last year by Hussein Abou Bakr and Tamer El-Raghy....
Alhokair have made an announcement that they will acquire a total of 51% stake in an online fast fashion platform, Vogacloset, based in the UK and provides her services to the Middle East.
The company is a franchise retailer in Arabian Centres Company (ACC) and Saudi Arabia. It is also...
FOODICS, a Saudia Arabia-based all-in-one restaurant management platform raised about a $20M Series B funding round at the start of the year. The funding round was led by Sanabil Investments and was also co-led by STV earlier this year. Other investors included Derayah, Endeavor Catalyst, and Elm in the...
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...
Snapp group, the popular Iranian ride hailing and online service super app in a surprising change in tactics has for the first time published statistics about it's business and app for the year 2020. The private held company had long kept it's data close to it's chest, disclosing some...
Getir has become one of the most valued grocery delivery apps right now that has achieved unicorn status. Headquartered in Istanbul, this ultra fast grocery delivery platform already tripled its valuation to $2.6B in less than 2 months. Co-led by Tiger Global and Sequoia Capital, their valuation was increased...
The Jordanian vehicle history announcing platform CarSeer has announced raising a six-figure Seed round from Arzan Venture Capital and more to be said.
The platform was founded back in 2015 by Hashim Hasan and Amjad Al-Zabin. The platform gives help with the appraisal of pre-owned vehicles determined to ensure everyone...
It was announced that the popular Egyptian-based logistic platform for eCommerce commercial center, Flextock raised a $3.25M Pre-Seed financing round. The round was held Foundation Ventures (Egypt), MSA Capital (China), CRE Venture Capital (South Africa), Alter Global (US), JIMCO – Jameel Investment Management Company (Saudi Arabia), B&Y Venture Partners...
Pavegen is very popular for developing and installing kinetic walkways that convert several things into psycho-graphic and emotional insights. They mainly take footsteps into off-grid, data, and clean electricity and then use the conversion methods. The generated energy then is used to power applications including LED lighting and e-link...
