The popular diversified company of the Royal Family of Dubai Seed Group has struck up a strategic partnership with Signzy. Seed Group has been operating for more than 16 years in the region and that’s not all. Signzy, the Bangalore-based fintech startup is specialized in banking workflow automation for...
For the company North Ladder, known to some as BuyBack Bazaar, business is booming. The company has recently secured a $5M Series A funding round, led primarily by their new friends at BECO Capital. North Ladder, a secure trading platform based in the UAE, provides users with instantaneous access...
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,...
Announced today, Abwaab has raised about $5.1M in a seed round. There were a lot of investors invested in this Amman-based EdTech platform including Beco Capital, Foundation Ventures, Spartech Ventures, 4DX Ventures, EQ2 Ventures, and GSV Ventures. The latest investment came pretty much after a year after they raised...
OTO, the Saudi-based Shipping management software and delivery platform that they’ve managed to successfully raise $3M in their latest seed funding round. The funding round was led by Middle East Venture Partners (MEVP) and Derayah Capital.
OTO was founded by CEO Mohammad Al-Razaz and CTO Furkan Uzar. And it has...
Vogacloset is an online retail platform specializing in fashion, based in the UK. What sets them apart from other platforms is that their main area of catering is for the Middle East. They have recently been acquired by Alhokair, a franchise retail company in Saudi Arabia. The venture is a...
2021 MENA Venture Investment Report offers a complete comparison of the top 5 countries in MENA. This comparison is based on the number of registered deals in 2020. As we approach the second quarter and more investment rounds are announced in 2021, we bid farewell to 2020 by taking a...
The UAE-based healthcare platform Smileneo has raised about $2 million in a seed round. The round is one of the biggest seed rounds that was raised in the MENA region by any teeth-straightening direct-to-consumer business. The round also included a lot of different anchor investments from several leading international...
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...
It was recently announced by the UAE Ministry of Economy that the coming protocol on Commercial Companies Law will happen on the first day of next month, empowering unfamiliar financial backers and business people to set up and completely own inland organizations. With there being 3K+ UAE-based new companies...
