Wamda

Egypt

Shezlong launches AI therapy assistant for mental health care

Press release: In another bold step toward transforming mental healthcare, Shezlong – the first platform to introduce online...

shezlong healthtech mental health

Egypt

DPI acquires Egypt’s fintech fund Nclude, launches Africa-focused VC arm

UK-based VC firm Development Partners International (DPI), an Africa-focused private equity firm, has taken over management of Nclude,...

Development Partners International DPI Nclude

Egypt

ThruHQ: 80% of Egypt’s B2B startups are ‘digital ghosts’

80% of Egyptian B2B companies are “digital ghosts”, with outdated or inactive online assets despite having a digital...

b2b

Egypt

Rabbit enters Saudi market, backed by major regional investors

Egypt-born quick commerce (q-commerce) startup Rabbit has extended its services to the Saudi market by establishing a regional HQ in...

Rabbit

Egypt

Egypt's InfiniLink raises $10 million seed round

Egypt-based semiconductor startup InfiniLink has raised $10 million in a seed funding round from MediaTek, Sukna...

InfiniLink Sukna Ventures

Egypt

Fawry partners with Contact to broaden BNPL services in Egypt

Press release: Fawry, Egypt's leading fintech company, has signed a strategic agreement with Contact Financial Holding,...

fawry Contact Financial Holding Fintech

Egypt

Grinta acquires Citi Clinic aided by strategic investment from Beltone, Raed Ventures

Egypt-based pharma-marketplace startup Grinta has raised an undisclosed funding round from Beltone Venture Capital and Raed...

Grinta healthtech

Egypt

PayTabs Group acquires majority stake in PayTabs Egypt

Source: Zawya PayTabs Group has acquired a 51% stake in PayTabs Egypt from EFG Finance, an EFG Holding company, according to a recent...

paytabs

Egypt

A Ventures raises its stake in Mrkoon to boost expansion plans

Egypt-based waste management platform Mrkoon has raised bridge funding from A Ventures that would increase the fund's stake in the...

A Ventures Mrkoon

Egypt

Fawry deploys $1.6 million investment in three Egyptian fintech startups

Egypt-based fintech Fawry has invested $1.6 million in three Egyptian fintech companies, which are Dirac Systems, Virtual CFO, and Code...

fawry Virtual CFO Code Zone

Egypt

Egypt's fintech sector surged fivefold in five years, Entlaq report reveals

Egypt’s fintech sector has expanded 5.5 times in the past five years, driven by digital payments, lending, and B2B marketplaces,...

Entlaq Fintech

Egypt

Egypt's Basata acquires additional stake in Madfoatcom

Egypt-based fintech Basata has increased its stake in Jordan’s MadfoatCom to 25%. This acquisition will further strengthen...

Basata MadfoatCom

Egypt

Dubizzle acquires Egypt's online car marketplace Hatla2ee

UAE-based online classifieds platform Dubizzle Group has acquired the Egyptian online car marketplace, Hatla2ee, in an undisclosed deal...

Dubizzle Hatla2ee

Egypt

Egypt’s Qme closes $3 million seed round led by AHOY

Egypt-based B2B SaaS startup Qme has raised $3 million in a seed funding round led by AHOY, along with a group of angel investors from...

Qme AHOY SAAS

Egypt

Khazna lands $16 million pre-Series B to boost Saudi expansion

Egypt-based fintech Khazna has closed a $16 million pre-Series B funding round. The round saw participation from new and...

Khazna SANAD Fund Fintech

Egypt

Foundation Ventures concludes first close of $25 million fund

Egypt-based venture capital firm Foundation Ventures has announced the first close of its $25 million fund, FVFII, backed by the...

Foundation Ventures

Egypt

Simplex secures $13 million to propel Saudi expansion

Egypt-based CNC machine manufacturer Simplex has raised $13 million, led by Saudi Arabia's National Industrial Development...

Simplex

Egypt

Dsquares acquires majority stake in Prepit

Egypt-based loyalty and rewards solutions provider Dsquares has acquired a majority stake in the Egyptian B2B SaaS...

Dsquares Prepit

Egypt

Egypt’s Fincart secures pre-Seed round led by Plus VC

Egypt-based logistics startup Fincart.io has raised a pre-Seed funding round for an undisclosed amount, led by Plus VC and joined...

Fincart Plus VC logistic

Egypt

Eyouth, EDT&Partners launch $6 million initiative to leverage tech skills in Africa

Egypt-based edtech Eyouth has partnered with Singapore-based global education consultancy EDT&Partners and launched a joint...

EYouth EDT&Partners

Egypt

Paymob secures UAE Central Bank retail payment services licence

Press release: Paymob, the leading financial services enabler in MENA-P, announces it has been granted the Retail Payment Services...

Paymob

Egypt

MoneyHash closes $5.2 million pre-Series A for MEA expansion plans

US-based Egyptian fintech MoneyHash has secured $5.2 million in pre-Series A funding. The round is led by Flourish Ventures, along...

MoneyHash Fintech Flourish Ventures

Egypt

Egypt’s Talent 360 secures six-figure investment led by C.STAR

Egypt-based HRtech Talent 360 has raised a six-figure investment round led by C.STAR, a Saudi business development and startup...

Talent 360 HRtech

Egypt

Egypt’s Raseedi acquires Kashat to broaden financial offerings

Egypt-based fintech Raseedi has acquired Kashat, which in its role owns Pharos Microfinance S.A.E., a subsidiary of Kashat, in an equity...

Kashat Raseedi Fintech

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