Wamda

Saudi Arabia

Saudi fintech erad raises $33 million debt round led by Stride Ventures

Saudi Arabia-based fintech erad has secured $33 million in debt financing, led by India’s Stride Ventures, marking its first major...

erad Stride Ventures

U.A.E

Antler, Mubadala partner to launch National Founders Programme

Abu Dhabi-based Mubadala Investment Company, in partnership with Singapore-headquartered venture capital firm Antler and Abu...

Mubadala Hub71 Antler

Egypt

Valu offers Egypt first P2P BNPL solution with MobileMasr

Press release: Valu, MENA’s leading universal financial technology powerhouse, announced today its partnership with MobileMasr,...

valu p2p BNPL

Saudi Arabia

Merak Capital invests $1.2 million in Saudi fintech Bynow

Bynow, a Saudi B2B fintech startup, has raised $1.2 million from Merak Capital to accelerate product development and expand...

Merak Capital Bynow BNPL

Saudi Arabia

Saudi fintech Bwatech nabs $16 million funding

Saudi Arabia-based fintech Bwatech raised $16 million in a funding round led by Sharaka Financial to accelerate growth and expand...

Bwatech Sharaka Financial Fintech

Saudi Arabia

Saudi P2P lending platform MoneyMoon closes $2.9 million pre-Series A

Saudi Arabia-based fintech MoneyMoon has raised $2.9 million in pre-Series A, led by Core Vision, joined by family offices and...

MoneyMoon Core Vision Fintech

Saudi Arabia

Sindbad Tech raises $4.8 million seed round led by Alkhabeer Capital

Saudi Arabia-based Sindbad Tech has raised $4.8 million in seed funding led by Alkhabeer Capital during Money20/20 Middle...

Sindbad Tech Fintech

U.A.E

Alinma Bank invests in Qashio to develop corporate spend management solutions

Alinma Bank has announced a strategic investment and partnership with Qashio, a UAE-based fintech, adding it to Alinma’s fintech...

Qashio Alinma Bank Fintech

Saudi Arabia

Value Makers Studio invests in Ballurh and Arab Therapy to back Saudi innovation

Saudi Arabia's Value Makers Studio (VMS) has joined the current investment rounds for Ballurh and Arab Therapy as part of its VMS...

VMS Value Makers Studio Ballurh

U.A.E

Armoir closes $500,000 seed to disrupt premium luggage market

UAE-based Armoir, a luxury luggage startup inspired by French wardrobe trunks, has raised $500,000 in seed funding led by Salica...

Armoir Plus VC

Saudi Arabia

LDUN secures $4.8 million to expand factoring solutions for SMEs

Saudi Arabia-based fintech LDUN has raised a $4.8 million seed round led by Sadu Capital, with participation from Suhail Ventures...

LDUN Sadu Capital

Saudi Arabia

Oumla secures $2.4 milliom to build digital asset infrastructure in KSA

Saudi Arabia-based fintech Oumla has raised a $2.4 million seed round led by Core Vision, with participation from Avalanche and...

Oumla Fintech Core Vision

Saudi Arabia

Saudi fintech Spare closes $5 million pre-Series A

Saudi Arabia-based fintech Spare has raised $5 million in pre-Series A led by anb Seed Fund, with participation from 500 MENA,...

spare anb Seed Fund 500 MENA

Egypt

Duaya acquires EXMGO in six-figure deal, relaunches as Duaya Go

Egypt-based healthtech Duaya has acquired EXMGO, an Egyptian SaaS provider for pharmacies and medical businesses, in a six-figure...

Duaya EXMGO

Saudi Arabia

Lendo partners with Jadwa Investment on $50 million financing to boost SME lending

Saudi fintech Lendo has signed a $50 million Murabaha facility with Jadwa GCC Private Credit Fund, managed by Jadwa Investment, to...

Lendo Jadwa Investment

U.A.E

Amaani secures $3 million seed to launch Arab beauty brand AÏZA

UAE-based beauty and wellness platform Amaani has raised $3 million in seed funding for its debut Arab beauty brand, AÏZA. The...

AÏZA Amaani

Egypt

Egypt's Farid expands to Saudi Arabia

Egyptian edtech Farid has expanded to Saudi Arabia, opening a central operations office in Riyadh. The move comes ahead of a...

Farid EdTech

Oman

Rihal secures $7.5 million first close in $15 million Series A

Oman-based enterprise SaaS provider Rihal has closed the first tranche of its $15 million Series A round, raising $7.5...

Rihal SAAS

Bahrain

Fintologya arises $1 million seed to power GCC payment infrastructure

Bahrain-based fintech infrastructure startup Fintologya has raised $1 million in a seed round led by a Gulf holding company to build...

Fintologya Fintech

Saudi Arabia

Tamara secures record $2.4 billion facility backed by Goldman Sachs

Tamara, Saudi Arabia’s first homegrown fintech unicorn, has secured an asset-backed facility of up to $2.4 billion from Goldman...

Tamara BNPL Fintech

Saudi Arabia

Zahib secures seed round to modernise Saudi laundry market

Saudi Arabia-based startup Zahib has closed a seed funding round for an undisclosed value from an unnamed angel...

Zahib

Saudi Arabia

Wadaie closes seed round led by VentureSouq

Saudi Arabia-based Wadaie has raised a seed round led by VentureSouq, joined by Graphene Ventures, RZM Investments, Arab National Bank,...

Wadaie Fintech VentureSouq

Saudi Arabia

HALA raises $157 million in landmark Series B round

Saudi Arabia-based fintech HALA has raised $157 million in a Series B round. The funding round is led by The Rise Fund,...

HALA Payments Hala Fintech

Global

Wamda Capital backs Clarity’s $12 million round

Wamda Capital has participated in the $12 million funding round for Clarity, an AI-powered customer experience and voice-of-customer...

Clarity Anecdote Wamda Capital

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