Wamda

U.A.E

FlapKap launches after raising $1.2 million led by A15

Egypt-based SaaS platform FlapKap, has launched after raising $1.2 million in a round led by A15. Co-founded by Ahmad Coucha (CEO),...

FlapKap

U.A.E

SHUAA Capital acquires majority stake in Souqalmal

UAE-based investment firm SHUAA Capital has acquired a majority stake in UAE-based fintech Souqalmal for an undisclosed amount. SHUAA is...

Shuaa Capital

U.A.E

Visual content production Flashy raises $400,000 pre-Seed round

UAE-based SaaS visual content platform Flashy, has raised $400,000 in a pre-Seed round from a group of regional and international...

Flashly

U.A.E

Metaverse startup Eikonikos raises $2 million pre-Seed round

UAE-based metaverse startup Eikonikos has raised a $2 million pre-Seed round led by angel investors. Founded by Mohamed Vasif,...

metaverse

Global

SWVL to invest $15 million to scale its operations in Argentina

Dubai-based mobility startup SWVL announced that it will invest up to $15 million to ramp up its operations in the Argentinian...

Swvl

Saudi Arabia

COFE acquires Saudi Arabia's Kaffeen

UAE-based online coffee marketplace COFE App has acquired Saudi Arabian app Kaffeen, as it looks to fuel its regional...

Kaffeen COFE

U.A.E

Laundry app justclean raises $6 million investment

Kuwait-based cleaning marketplace justclean has raised $6 million in a round led by Gulf Investment Corporation (GIC) with participation...

Justclean Gulf Investment Corporation GIC

U.A.E

UAE fintech Encore Pay raises $1.5 million

UAE-based fintech Encore Pay has raised a $1.5 million Seed round led by GreenHouse Capital (GHC). Founded in 2017 by Imran Saeed,...

Encore Pay

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...

QFIL Fintech

U.A.E

The Giving Movement raises $15 million to back expansion

The Giving Movement, a UAE-based direct-to-consumer (D2C) sustainable fashion brand, has raised a $15 million Series A round, led by...

The Giving Movement

U.A.E

UAE's Kamel Pay raises $1 million pre-Seed round

UAE-based fintech Kamel Pay, has raised $1 million in a pre-Seed round, led by Hussain Al Qemzi, former group CEO of Noor Bank and...

Kamel Pay

U.A.E

Dubai issues new law to regulate virtual assets

Dubai has adopted a new law to regulate virtual assets, aiming at creating a legal framework to protect investors and provide...

Dubai virtual assets

U.A.E

Wamda participates in Dukkantek's $5.2 million Seed round

UAE-based Dukkantek has raised $5.2 million in a Seed funding round, led by Global Founders Capital, with participation from Colle...

Dukkantek Store Management

U.A.E

AHOY raises $20 million

UAE-based logistics startup AHOY has raised $20 million in a fresh funding round from undisclosed investors. Founded in 2018 by Jamil...

AHOY

U.A.E

Quiqup receives $1.36 million loan from MBRIF

UAE-based last-mile delivery provider Quiqup has raised $1.36 million as a guarantee for a loan from The Mohammed Bin Rashid Innovation...

Quiqup q-commerce MBRIF

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...

Tabby BNPL Fintech

U.A.E

UAE’s Mindshift Capital takes part in Rebel Girls’ $13 million round

UAE-based VC Mindshift Capital, has taken part in the $13 million funding round of US-based edtech Rebel Girls, alongside other VCs...

Mindshift Capital Rebel Girls

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...

Alaan Fintech

U.A.E

in5 launches space for investors in Dubai

Dubai incubator in5 will launch a specialised space to connect investors with startups for funding and partnership...

VC in5

U.A.E

Kaso raises investment from Y Combinator

UAE-based B2B e-commerce platform Kaso (formerly Elkaso), has raised investment from Y Combinator. The startup has also appointed...

KASO

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,...

NymCard Mashreq

U.A.E

UAE’s EMPG invests in Pakistani Daftarkhwan

UAE-based Emerging Markets Property Group (EMPG) has invested Seed capital in Pakistan’s Daftarkhwan. The amount invested was not...

EMPG Daftarkhwan

Global

UAE-based angel investors invest in IMAN's $1 million Seed round

A group of UAE-based angel investors has participated in Uzbek-based fintech startup IMAN's $1 million Seed round. The round...

IMAN

U.A.E

Nabta Health raises $1.5 million as femtech gains ground worldwide

Fertility rates across the Middle East and North Africa (Mena) are in decline, partly for socio-economic reasons and increasingly due to...

Nabta Health femtech

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