Artificial Intelligence (AI) is rapidly becoming one of the dominant forms of technology in the world. So it shouldn’t come as a massive surprise that Hazen.ai, a company which specializes in creating intelligent traffic technology which utilizes AI to improve safety on the roads has gotten more investment in...
The popular Jeddah-based football talent recognizing platform, Grintafy has officially partnered with the English football club West Ham United to provide help and expand their operation. Because of the multi-year organization, the Saudi startup will assist West Ham United with finding football talents on a global scale and that’s...
Colendi, the popular Turkey-based micro-crediting and payment solution platform that has managed to successfully raise about $30M in its latest Series A funding round. The funding round was participated by several key international investors. However, the most remarkable investment was made of a $12M investment by previous Getir backers...
Despite a significant decline in funding in 2023, Middle Eastern fintech companies demonstrated remarkable resilience; Navigating challenges such as high-interest rates and geopolitical uncertainties, these fintechs are leveraging innovative technologies and pursuing expansion strategies. According to KPMG, fintech funding in Europe, the Middle East, and Africa dropped to its...
It was announced today by the popular South Korea government-backed funds of funds, KVIC aka Korean Venture Investment Company has recently started being committed to investing in VC Shorooq Partners’ Bedaya Fund which is an Abu Dhabi-based early-stage and that’s not all. It’s also notably the first fund from...
The Licorne Gulf-advised fintech company Spendwisor of their investment commitment from GEM Global Yield LLC SCS. The investment was roughly $50M from GGY which is a Luxembourg-based private alternative investment group worth $3.4B. With this facility, Spendwisor plans on tapping the full potential of the growing fintech market in...
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...
SadaPay, the Islamabad-based fintech platform has raised about $7.2M in a seed round it has achieved being the largest-ever seed round that was closed by a Pakistani startup. This seed round was led by Recharge Capital, a New York-based private non-profit cross-border platform. The seed round also was joined...
The popular Egyptian Gaming startup Gamesbandy has gotten undisclosed Seed round support from Flat6labs Bahrain and Tamkeen. It is a popular gamer commercial center inside the MENA region, allowing access to clients to execute securely, offering trust and legitimacy to make deals and transactions. Gamesbandy at that point acquires...
The launching of Al Zayani Venture Capital has been announced by Al Zayani Investment Group. The company has its headquarters in Manama, Bahrain. It has its focus on investment in disruptive technology and start-ups.
In 1977, Al Zayani Investment Group was established in Bahrain. This makes it one of the...
