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
Egypt Egyptian fintech Kashat raises $1.75 million Bridge round Egypt-based fintech Kashat has raised $1.75 million in a Bridge funding round, led by Launch Africa, with the participation of several... News • 12 September, 2021 Kashat Fintech financial inclusion
Egypt Egypt’s super app MNT-Halan raises $120 million Egypt-based super app and Wamda portfolio startup MNT-Halan has raised $120 million from major global and regional growth investors:... News • 08 September, 2021 MNT-Halan Fintech
Saudi Arabia Saudi fintech CashIn secures $1.6 million Seed round Saudi Arabia-based fintech CashIn has secured $1.6 million in a Seed round led by Investor Mine with the participation from BIM V... News • 19 September, 2021 Fintech CashIn BIM Ventures
Regional Can data regulation be Mena's competitive advantage? Khaled Lababidi is vice president and general manager of the Middle East, Africa and Turkey, for InCountry – a data... Thought Leadership • 02 September, 2021 Fintech Data regulation
Saudi Arabia Saudi Arabia unveils $1.2 billion tech initiatives Saudi Arabia's Ministry of Communications and Information technology (MCIT) has launched a series of technology initiatives worth... News • 26 August, 2021 Fintech Hack MCIT
Egypt Arab Bank launches fintech accelerator in Egypt Arab Bank has launched the AB Accelerator in Egypt, a fintech-focused corporate acceleration programme. The accelerator, which was... News • 22 August, 2021 AB Accelerator Fintech
Regional Fintech is poised for consolidation in the Middle East Mahmoud Hamouda is a strategy and operations consultant at Dell Technologies. He is also the head of Dell for Entrepreneurs in Egypt. In... Thought Leadership • 15 August, 2021 Fintech
U.A.E Sarwa closes $15 million Series B round led by Mubadala UAE-based fintech Sarwa has closed a $15 million Series B funding round, led by Mubadala Investment Company with participation from... News • 09 August, 2021 Fintech sarwa series B
U.A.E tabby closes $50 million Series B round UAE-based buy now pay later (BNPL) startup tabby has raised $50 million in a Series B round, valuing the fintech at $300 million. The... News • 04 August, 2021 Buy now pay later Fintech Tabby
U.A.E Baraka launches app after $4 million Seed round Dubai-based fintech startup Baraka has launched its app today after raising a $4 million Seed round, from Nuwa Capital, Global... News • 03 August, 2021 Baraka Fintech
U.A.E SimpliFi launches after closing Seed round led by Raed Ventures UAE-based fintech SimpliFi has emerged from stealth mode to launch its “cards as a service” platform in the Middle East and... News • 03 August, 2021 SimpliFi Fintech CaaS
Saudi Arabia Saudi fintech Forus secures Series A funding Saudi Arabia-based fintech Forus Capital has secured an undisclosed Series A funding round co-led by Yazeed Alrajhi and Brothers... News • 01 August, 2021 Forus Fintech
Egypt CreditFins raises pre-Seed round for its credit card management platform Cairo-based fintech startup CreditFins has raised a Pre-Seed funding round led by Flat6Labs, AUC Angels, TA Telecom Holding, and other... News • 29 July, 2021 CreditFins Fintech
Qatar Spendwisor raises $1 million and secures $50 million capital commitment from Global Emerging Markets Qatar-based fintech startup Spendwisor has raised $1 million in a pre-Seed round led by Erhama Nasser Al-Kaabi and... News • 26 July, 2021 Spendwisor Fintech
Saudi Arabia Saudi Arabia's Finance Ministry grants licenses for STC Bank and Saudi Digital Bank Saudi Arabia's Finance Ministry has granted licenses for the Kingdom's first digital banks; STC and Saudi Digital Bank - both... News • 24 June, 2021 Fintech digital banks
Morocco Morocco’s fintech Yalla Xash raises $675,000 Morocco-based fintech startup Yalla Xash has raised MAD6 million ($675,000) from Maroc Numeric Fund II. Yalla Xash is a... News • 30 June, 2021 Yalla Xash Fintech
U.A.E Postpay secures $10 million investment from AP Ventures and Afterpay Dubai-based buy now pay later (BNPL) startup Postpay has secured $10 million in equity investment, led by AP Ventures and... News • 28 June, 2021 BNPL Postpay Fintech
U.A.E UAE’s Cashee raises $1 million pre-Seed UAE-based fintech startup Cashee raised a $1 million pre-Seed funding round. Founded by Smeetha Ghosh and Brad Whittfield, Cashee... News • 28 June, 2021 Cashee EdTech Fintech
Saudi Arabia Saudi fintech Tweeq closes funding round led by STV, Raed Ventures Riyadh-based fintech platform Tweeq has raised an undisclosed funding round, co-led by STV and Raed Ventures. Founded in 2020 by... News • 21 June, 2021 Fintech Tweeq