Egypt Lucky: the startup digitising the cashback space The devaluation of the Egyptian pound back in 2016 was intended to preserve its foreign currency reserves, attract foreign direct... Dunya Hassanein • 09 May, 2022 Lucky app
Global How fintech solutions can bridge the trade financing gap Ankit Goel is the Middle East and North Africa head of MODIFI, a a global fintech company that helps small and medium-sized... Thought Leadership • 05 May, 2022 Fintech
Saudi Arabia How can Saudi Arabia unleash national success in fintech? Abdullah Al Othman is the founder and chairman of Geidea, a Saudi Arabia-based fintech specialised in payments. It works with over 150,000... Thought Leadership • 28 April, 2022 Fintech
U.A.E UAE fintech zenda raises $9.4 million Seed to accelerate India expansion plans UAE-based fintech zenda, has raised $9.4 million in a Seed round from STV, COTU, Global Founders Capital, and... News • 25 April, 2022 Fintech zenda
U.A.E Careem expands its focus to financial services Careem is shifting its focus from ride-hailing to financial services, in a move that will position the super app as a key fintech... Triska Hamid • 21 April, 2022 careem Fintech Careem Pay
U.A.E DIFC launches venture studio platform to develop fintech in Dubai Dubai International Financial Centre (DIFC) has announced the launch of a venture studio platform “Studio Launchpad” ... News • 07 April, 2022 DIFC Studio Launchpad
Global Blockchain and financial markets: will computers push out brokers? By Gary Silverman and Philip Stafford in Boca Raton in Florida Sam Bankman-Fried cut an unlikely figure as he took the stage on the... Financial Times • 07 April, 2022 Blockchain crypto
Egypt Egypt’s Khazna raises $38 million Series A round Egypt-based fintech Khazna, has raised a Series A round of $38 million in equity and debt, with the equity investment led by Quona... News • 31 March, 2022 Khazna Quona Capital Khawarizmi
Egypt Egyptian fintech PayMint raises Seed round Egypt-based fintech PayMint has raised a seven-figure Seed investment from AUR Fintech. Launched in 2019 by Mohamed Yahya and Mohamed... News • 30 March, 2022 PayMint Fintech
Saudi Arabia Saudi Lendo obtains SAMAs's crowdfunding licence Saudi Arabia-based fintech Lendo, has obtained Saudi Central Bank’s (SAMA) licence to operate as a Shari'ah-compliant debt... News • 29 March, 2022 Lendo Crowdfunding
Egypt Egypt launches digital payments system InstaPay The Central Bank of Egypt (CBE) has applied an open banking system by launching the InstaPay application, a national system for instant... News • 27 March, 2022 InstaPay Open banking
Saudi Arabia The digital payment opportunity in Saudi Arabia When Muhannad Ebwini launched payment gateway HyperPay in Jordan back in 2014, e-commerce accounted for just 1.5 per cent of total retail... Nesma Abdel Azim • 24 March, 2022 hyperpay
Saudi Arabia Saudi fintech Arib raises $2.3 million Seed Saudi Arabia-based fintech Arib, has raised $2.3 million in a Seed round, led by Merak Capital, with participation from angel... News • 21 March, 2022 Saudi Arabia fin-tech
Egypt IFC invests $5 million in Egypt’s Disruptech fund The International Finance Corporation (IFC), a member of the World Bank Group, has pledged a $5 million investment in Disruptech... News • 16 March, 2022 ifc Disruptech Fintech
Regional This is the year cryptocurrency will come of age in the Middle East Areije Al Shakar is the senior vice president at Bahrain Development Bank & director at Al Waha Venture Capital Fund of Funds Banks... Thought Leadership • 17 March, 2022 crypto cryptocurrency Al Waha Fund of Funds
Saudi Arabia Malaa Technologies raises $1.7 million Seed round Saudi Arabia-based fintech Malaa Technologies, has raised $1.7 million in its Seed round with participation from Impact46, Khawarizmi... News • 16 March, 2022 Malaa Impact46 Khawarizmi
U.A.E QFIL Solutions raises $1 million in pre-Seed investment UAE-based fintech QFIL Solutions has raised $1 million in pre-Seed investment, through an unidentified fintech investment... News • 15 March, 2022 QFIL Fintech
Egypt Egypt’s Nexta secures $2.2 million pre-Seed round Egypt-based fintech Nexta has raised a $2.2 million pre-Seed funding round, led by Disruptech with participation from some international... News • 10 March, 2022 Nexta Fintech Disruptech
U.A.E tabby raises $54 million from Sequoia Capital India and STV UAE-based buy now pay later (BNPL) tabby, has raised $54 million led by Sequoia Capital India and STV, with additional participation... News • 07 March, 2022 Tabby BNPL Fintech
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
U.A.E Mashreq bank invests in NymCard UAE-based fintech NymCard has raised investment from Mashreq bank. The amount raised was not disclosed. Founded in 2018 by Omar Onsi,... News • 24 February, 2022 NymCard Mashreq
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
U.A.E Qashio raises $2.5 million led by MSA Novo UAE-based fintech Qashio has raised $2.5 million in pre-Seed funding, led by MSA Novo and supported by Rally Cap Ventures, Palm Drive... News • 16 February, 2022 Qashio MSA Novo