Wamda

Egypt

NowPay raises $2.1 million seed

Cairo-based financial technology (fintech) startup NowPay, has raised $2.1 million in a seed investment round led by Foundation Ventures...

NowPay Fintech Emerging Markets

Egypt

Flick raises $1 million pre-seed investment

Egypt-based peer-to-peer (P2P) financial technology (fintech) startup Flick, has raised a $1 million a pre-seed funding round from an angel...

Flick money transfer Fintech

Saudi Arabia

Fintech Saudi, Flat6Labs launch fintech accelerator programme

Source: Fintech News Middle East Powered by startup accelerator Flat6Labs, Fintech Saudi is launching its Fintech Accelerator, an...

Flat6Labs Jeddah SAMA Fintech

Bahrain

Bahrain issues blockchain permit to UK’s Fasset

The Central Bank of Bahrain (CBB) has given UK blockchain startup Fasset, a first-of-its-kind authorisation to test its digital solutions...

Fasset Fintech Blockchain

Global

Arab Bank invests in US-based Veem

Source: The fintech times Veem, the fast-growing global payments network built for businesses, recently announced the closing of a $31...

Ab Ventures Arab Bank Veem

Egypt

Kashier raises seed investment

Egypt-based financial technology (fintech) startup Kashier Payments, has raised a seed investment round led by Glint Ventures, with...

Kashier online payment Fintech

Egypt

Contributing to Egypt's growth journey

Dina H. Sherif, Mohamed Okasha and Malek Sultan are managing partners at Egypt-based VC firm Disruptech. This article was originally...

Disruptech fawry Fintech

U.A.E

Open banking: DAPI's open letter to the UAE Bank Federation Advisory Council

An open letter on open banking, a framework for responsible innovation for banks and the fintech community in the UAE Members of the...

Fintech Open banking DAPI

Global

Fintech investments in EMEA rise to $4.6 billion in H1 2020

Investments in financial technology (fntech) in the Europe, Middle East and Africa (EMEA) recorded $4.6 billion in the first half of 2020,...

Fintech EMEA

Global

Migrant labour and the true price of remittances

Mark Roden is the founder and chief executive of Ding The GCC is a part of the world that commands sheer amazement at the pace with...

Fintech remittances

Egypt

Paymob raises $3.5 million

Egypt-based financial technology (fintech) startup Paymob, has raised $3.5 million from Global Ventures and the Dutch Entrepreneurial...

Paymob smes Fintech

Egypt

ElGameya raises pre-seed investment

Egypt-based financial technology (fintech) startup ElGameya, has raised a six-figure investment in a pre-seed round led by AUC Angels, with...

elGameya AUC Angels CairoAngles

Saudi Arabia

Lean raises $3.5 million in seed funding

Riyadh-based financial technology (fintech) startup Lean, has raised a $3.5 million in a seed funding round led by RAED Venture, with...

lean Fintech Open banking

U.A.E

Spotii raises investment from Daman Investments

UAE-based “shop now, pay later” startup Spotii has raised investment from Daman Investments. Founded by Anuscha Iqbal and...

Fintech Spotii

Global

VentureSouq invests in Nigeria's Wallets Africa

Source: Disrupt Africa Nigerian fintech startup Wallets Africa has secured an undisclosed amount of funding from a host of investors as...

Wallets Africa Fintech

Egypt

MoneyFellows raises $4 million in Series A

Egypt-based MoneyFellows, has secured a $4 million Series A investment from venture capital firms Partech and Sawari Ventures. Founded...

MoneyFellows Fintech ROSCA

Global

Fintech has come into its own

Rupert Shaw is the chief commercial officer at Ireland-based Ding, a mobile top-up transfer company As we adjust to a new-normal -...

Fintech remittance

Turkey

TPAY Mobile acquires Turkey's Payguru

Source: Zawya UAE-based FinTech firm TPAY Mobile is acquiring 100 percent stake in Turkey’s mobile payment platform Payguru, it...

Payguru TPay Fintech

Saudi Arabia

Wahed Raises $25 million

Source: Forbes Wahed, the ethical investment fintech for Muslim investors, raised $25 million in venture funding with proceeds being...

Wahed Ethical invetment Islamic economy

U.A.E

DIFC invests in four fintech startups

Source:Techradar Dubai International Financial Centre (DIFC), an international business hub in the Middle East, Africa and South Asia...

DIFC Fintech

U.A.E

Tabby raises $7 million and expands to Saudi Arabia

UAE-based Tabby, a buy now, pay later financial technology (fintech) startup, has raised $7 million to fund its growth and launch its...

Tabby Fintech

U.A.E

Ziina secures $850,000 in pre-seed round

Ziina, the UAE-based social peer-to-peer (P2P) payment application, has raised $850,000 in a pre-seed funding round. The investment was led...

Fintech Ziina

Egypt

Shahry raises $650,000 in pre-seed

Egypt-based online lending startup Shahry, has closed a $650,000 pre-seed round from the investment arm of EGBANK. Powered by a...

Fintech shahry

Egypt

CVentures invests in London-based Countingup

Source: MenaBytes CVentures, the venture capital arm of Egypt’s largest private bank CIB (Commercial International Bank) has...

Fintech Cventures CIB

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