Wamda

Saudi Arabia

TabSense attracts $5 million backing from Jasoor Ventures

TabSense, a Saudi-based AI startup, has raised $5 million in a funding round led by Jasoor Ventures to launch the first AI Agentic Point...

TabSense Jasoor Ventures POS

Saudi Arabia

Tamara obtains Central Bank of the UAE approval

Press release: Tamara has officially received a restricted finance licence from the Central Bank of the UAE (CBUAE). As a leading...

Tamara BNPL Fintech

Saudi Arabia

Qashio acquires Sanad Cash to accelerate Saudi expansion

UAE-based fintech Qashio, the UAE’s leading corporate spend management platform, announced the acquisition of Saudi Arabia’s...

Qashio Sanad Cash

Saudi Arabia

MoneyHash partners with Tabby to enable BNPL for merchants across MEA

Press release: MoneyHash, the first and leading payment orchestration platform in emerging and global markets, has partnered with Tabby,...

Tabby MoneyHash BNPL

Saudi Arabia

Astra Nova closes $48.3 million round to build AI-powered Web3 ecosystem

Astra Nova, a Saudi Arabia-based AI-driven Web3 startup, has raised $48.3 million to expand its suite of creator platforms and tokenised...

Astra Nova Web 3.0 Outlier Ventures

Saudi Arabia

Sanabil Venture Studio backs KLIQ with $2.25 million

KLIQ, a Saudi-based AI-powered influencer marketing platform, has raised $2.25 million in a seed funding round led by Sanabil...

Sanabil Venture Studio KLIQ

Saudi Arabia

Saudi healthtech Nuxera AI secures $2.5 million pre-seed

Saudi Arabia-based healthtech Nuxera AI has secured $2.5 million in pre-seed investment from Sanabil Venture Studio by...

Nuxera AI Sanabil Venture Studio healthtech

Saudi Arabia

Engagesoft raises $3.5 million pre-Series A led by Silicon Badia

Saudi Arabia-based Engagesoft, an AI-powered employee engagement and organisational effectiveness platform, has raised $3.5 million in a...

Engagesoft silicon badia

Saudi Arabia

Tadawulcom closes $400,000 seed to advance proptech services in KSA

Saudi Arabia–based Tadawulcom Real Estate, a proptech SaaS platform, has raised $400,000 in a Seed round led by an angel...

Tadawulcom

Saudi Arabia

Riyadh to host Biban Forum 2025, attracting 140K visitors from 150+ countries

Monsha’at will host Biban Forum 2025 from November 5–8 at Riyadh Front Exhibition and Conference Center, under the theme...

Biban

Saudi Arabia

DOO lands $1.7 million funding to deepen AI adoption

Saudi Arabia-headquartered DOO, an AI-powered customer experience platform, has raised $1.7 million in funding led by Merak...

DOO Merak Capital Plus VC

Saudi Arabia

Sukna Capital, Partners for Growth launch $50 million lending initiative to back MENA tech growth

Saudi Arabia-based Sukna Capital has partnered with Partners for Growth (PFG) to launch a $50 million specialty lending initiative...

Sukna Capital Partners for Growth

Saudi Arabia

Sadq secures $1 million pre-Series A extension

Saudi Arabia-based Sadq has closed a $1 million pre-Series A extension led by Impact46. Founded in 2022 by Abdullah Allahuo and...

Sadq Impact46

Saudi Arabia

Saudi fintech erad raises $33 million debt round led by Stride Ventures

Saudi Arabia-based fintech erad has secured $33 million in debt financing, led by India’s Stride Ventures, marking its first major...

erad Stride Ventures

Saudi Arabia

Merak Capital invests $1.2 million in Saudi fintech Bynow

Bynow, a Saudi B2B fintech startup, has raised $1.2 million from Merak Capital to accelerate product development and expand...

Merak Capital Bynow BNPL

Saudi Arabia

Saudi fintech Bwatech nabs $16 million funding

Saudi Arabia-based fintech Bwatech raised $16 million in a funding round led by Sharaka Financial to accelerate growth and expand...

Bwatech Sharaka Financial Fintech

Saudi Arabia

Saudi P2P lending platform MoneyMoon closes $2.9 million pre-Series A

Saudi Arabia-based fintech MoneyMoon has raised $2.9 million in pre-Series A, led by Core Vision, joined by family offices and...

MoneyMoon Core Vision Fintech

Saudi Arabia

Sindbad Tech raises $4.8 million seed round led by Alkhabeer Capital

Saudi Arabia-based Sindbad Tech has raised $4.8 million in seed funding led by Alkhabeer Capital during Money20/20 Middle...

Sindbad Tech Fintech

Saudi Arabia

Value Makers Studio invests in Ballurh and Arab Therapy to back Saudi innovation

Saudi Arabia's Value Makers Studio (VMS) has joined the current investment rounds for Ballurh and Arab Therapy as part of its VMS...

VMS Value Makers Studio Ballurh

Saudi Arabia

LDUN secures $4.8 million to expand factoring solutions for SMEs

Saudi Arabia-based fintech LDUN has raised a $4.8 million seed round led by Sadu Capital, with participation from Suhail Ventures...

LDUN Sadu Capital

Saudi Arabia

Oumla secures $2.4 milliom to build digital asset infrastructure in KSA

Saudi Arabia-based fintech Oumla has raised a $2.4 million seed round led by Core Vision, with participation from Avalanche and...

Oumla Fintech Core Vision

Saudi Arabia

Saudi fintech Spare closes $5 million pre-Series A

Saudi Arabia-based fintech Spare has raised $5 million in pre-Series A led by anb Seed Fund, with participation from 500 MENA,...

spare anb Seed Fund 500 MENA

Saudi Arabia

Lendo partners with Jadwa Investment on $50 million financing to boost SME lending

Saudi fintech Lendo has signed a $50 million Murabaha facility with Jadwa GCC Private Credit Fund, managed by Jadwa Investment, to...

Lendo Jadwa Investment

Saudi Arabia

Tamara secures record $2.4 billion facility backed by Goldman Sachs

Tamara, Saudi Arabia’s first homegrown fintech unicorn, has secured an asset-backed facility of up to $2.4 billion from Goldman...

Tamara BNPL Fintech

Thought Leadership

All the information you need to navigate Mena's startup ecosystem

Thank you