U.A.E Alaan raises $2.5 million Seed round UAE-based fintech Alaan has raised $2.5 million in Seed funding, led by 468 Capital, Global Founders Capital and Presight Capital with... News • 01 March, 2022 Alaan Fintech
Saudi Arabia Saudi-based Funding Souq raises $2.5 million Seed Saudi Arabia-based crowdfunding platform Funding Souq, has raised a $2.5 million Seed round with participation from angel investors... News • 01 March, 2022 Fintech Crowdfunding
Saudi Arabia Saudi fintech EdfaPay raises $1.6 million pre-Seed round Saudi Arabia-based fintech EdfaPay has raised $1.6 million in a pre-Seed investment round, led by Nuwa capital, InspireUs VC, Wallan... News • 20 February, 2022 EdfaPay Nuwa capital Fintech
Egypt Egypt ratifies its Fintech Act Egypt has ratified its Fintech Act, which regulates the work of fintech companies in Egypt. As per the new regulations, the... News • 15 February, 2022 Egypt Fintech
Egypt Egypt fintech Thndr raises $20 million in Series A Egypt-based fintech Thndr has raised $20 million in a Series A round co-led by Tiger Global, BECO Capital and Prosus Ventures with... News • 09 February, 2022 Thndr Fintech
Saudi Arabia Tamawal raises $1.1 million pre-Seed round for its digital brokerage platform Saudi-based fintech Tamawal has raised $1.1 million in a pre-Seed round led by MRK, with participation from 500... News • 07 February, 2022 Fintech
Saudi Arabia Saudi fintech SiFi closes pre-Seed round led by Khwarizmi Ventures Saudi Arabia-based fintech Simplified Financial Solutions Company (SiFi) has raised an undisclosed pre-Seed round led by Khwarizmi... News • 04 February, 2022 Fintech expenses
U.A.E Datacultr raises $1 million Seed UAE-based fintech has raised a $1 million Seed funding round, led by London-based Sturgeon Capital, along with Seedstars... News • 02 February, 2022 Fintech
U.A.E Qlub raises $17 million Seed round UAE-headquartered fintech Qlub has raised a $17 million Seed round, co-led by Cherry Ventures and Point Nine, with participation... News • 31 January, 2022 Fintech
Morocco Morocco’s Chari raises bridge round Morocco-based B2B e-commerce and fintech startup Chari, has closed an undisclosed bridge round led by the Saudi-based venture capital... News • 20 January, 2022 Chari Fintech
Egypt Fawry to raise $50.8 million growth capital, explores a US Listing Cairo-based fintech Fawry plans to raise $50.8 million of growth capital through a rights issue to existing shareholders, to be used to... News • 20 January, 2022 fawry Fintech
Palestine Fintech: A force for financial inclusion in Palestine Majd Zghyer is the strategy officer at uMake, an entrepreneurship support organisation (ESO) based in Ramallah, Palestine. This year has... Thought Leadership • 27 December, 2021 Fintech financial inclusion
Egypt Egypt’s Sympl raises $6 million Seed round Cairo-based fintech Sympl, has raised a $6 million Seed round. The fundraising was led by Beco Capital, along with A15... News • 09 December, 2021 Sympl Fintech
Saudi Arabia Lamaa secures $5.5 million Seed round co-led by Wa’ed Riyadh-based fintech Lamaa has secured a $5.5 million Seed round led by Raed Ventures and Saudi Aramco’s entrepreneurship arm,... News • 01 December, 2021 Lamaa Fintech
Egypt Egypt's fintech KlickIt closes its first round of funding Egypt-based fintech KlickIt, has raised its first round of funding led by EFG Finance and Camel Ventures, the venture capital arm... News • 30 November, 2021 Fintech
U.A.E UAE fintech LNDDO raises $3 million Seed round UAE-based B2B fintech LNDDO has raised a $3 million Seed round backed by a network of investors led by H.H Sheikh Tahnoon Bin Shakhboot... News • 22 November, 2021 LNDDO Fintech
Regional VentureSouq launches $50 million fund GCC-based VC firm VentureSouq has launched the $50 million Mena FinTech Fund I, aiming to invest in early-stage fintech and SaaS... News • 21 November, 2021 VentureSouq Fintech
Saudi Arabia Rasan raises $24 million for its Tameeni insurance platform Saudi Arabia-based insurtech startup Rasan has raised SAR 90 million ($24 million) for its Tameeni platform in a round led by Impact46,... News • 17 November, 2021 Rasan Insurtech Fintech
Egypt Fintech KIWE closes first financing round led by dfin Holding Egypt-based fintech KIWE has raised its first investment round, led by dfin Holding with participation from EFG Hermes, Marakez for... News • 16 November, 2021 Fintech money transfer
U.A.E Wamda participates in Verity's $800,000 pre-Seed round UAE-based financial literacy startup Verity, has closed a $800,000 pre-Seed round, backed by regional venture capital firms,... Triska Hamid • 15 November, 2021 Verity Fintech financial literacy
Egypt A15 invests in Egypt-based fintech Sympl Egypt-based VC firm A15 has invested in fintech startup Sympl. The amount invested was not disclosed. Founded in October... News • 04 November, 2021 Sympl A15 Fintech
Bahrain Tarabut Gateway raises $12 million pre-Series A led by Tiger Global UAE-based open banking platform Tarabut Gateway has raised $12 million in a pre-Series A round led by Tiger Global, alongside new... News • 02 November, 2021 Fintech Open banking Tarabut Gateway
U.A.E Fintech Galaxy closes $2 million Seed funding UAE-based Fintech Galaxy has raised $2 million in a Seed funding round, led by Jordan’s Ahli Fintech and joined by Raz Holding... News • 19 October, 2021 Fintech Galaxy Fintech
Bahrain Bahrain’s Investcorp acquires British fintech MIR Limited Bahrain-based Investcorp Technology Partners (ITP) has acquired all of the business and assets of UK-based fintech MIR Limited, for an... News • 13 September, 2021 Investcorp MIR Limited Fintech