Wamda

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

U.A.E

Alinma Bank invests in Qashio to develop corporate spend management solutions

Alinma Bank has announced a strategic investment and partnership with Qashio, a UAE-based fintech, adding it to Alinma’s fintech...

Qashio Alinma Bank Fintech

Saudi Arabia

Wadaie closes seed round led by VentureSouq

Saudi Arabia-based Wadaie has raised a seed round led by VentureSouq, joined by Graphene Ventures, RZM Investments, Arab National Bank,...

Wadaie Fintech VentureSouq

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

Bahrain

Fintologya arises $1 million seed to power GCC payment infrastructure

Bahrain-based fintech infrastructure startup Fintologya has raised $1 million in a seed round led by a Gulf holding company to build...

Fintologya Fintech

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

Saudi Arabia

HALA raises $157 million in landmark Series B round

Saudi Arabia-based fintech HALA has raised $157 million in a Series B round. The funding round is led by The Rise Fund,...

HALA Payments Hala Fintech

U.A.E

Metric raises funding to accelerate AI-driven financial solutions for SMEs

UAE-based AI fintech Metric has secured investment from A-typical Ventures, with participation from 500 Global, Hub71, i2i...

Metric A-typical Ventures 500 Global

Egypt

Y Combinator leads Munify's $3 million seed round

Egypt-based fintech Munify has raised a $3 million seed round led by Y Combinator, with participation from BYLD and Digital Currency...

Munify Fintech Y Combinator

U.A.E

Maalexi secures $20 million shariah-compliant facility from Amwal Capital

UAE-based B2B agriculture-focused fintech Maalexi has secured a shariah-compliant credit facility of up to $20...

Maalexi Amwal Capital agritech

Saudi Arabia

Blomal Capital secures pre-seed funding from Falak

Saudi fintech Blomal Capital has raised a pre-seed round investment round (amount undisclosed) from Falak Investment...

Blomal Fintech Falak investment hub

U.A.E

Alaan raises $48 million Series A to transform spend management in MENA

UAE-based B2B fintech Alaan has raised $48 million in a Series A funding round led by Peak XV Partners (formerly Sequoia...

Alaan Fintech Peak XV Partners

Egypt

Egypt’s Flend secures $3 million seed to expand digital SME financing

Egypt-based fintech Flend has secured $3 million in seed funding through a blended equity and debt round. The equity was led by Egypt...

Flend Fintech Egypt Ventures

Egypt

With 4DX, Plus VC on board, PALM closes 7-figure pre-seed round

Egypt-based fintech PALM has raised a 7-figure pre-seed round led by 4DX Ventures, with participation from Plus VC and international...

PALM 4DX Ventures Plus VC

Egypt

LemFi extends its payment services to Egypt

Press release: LemFi, a leading international payment services startup based in London, with a strong presence across the United States,...

LemFi Fintech

Egypt

AgriCash raises seed round to drive inclusive agri-fintech innovation in Egypt

Egypt-based agri-fintech AgriCash has raised an undisclosed seed funding round led by Alex Angels, with participation from regional...

AgriCash Fintech agritech

Egypt

Valu begins trading on EGX with Amazon as investor

Egyptian fintech Valu has officially begun trading on the Egyptian Exchange (EGX). The listing was executed via an in-kind dividend...

valu Fintech BNPL

U.A.E

Sukna Fund provides $20 million credit facility to OCTA

UAE-based fintech Octa has raised $20 million in a credit facility from Sukna Fund for Direct Financing...

Octa Sukna Fund Fintech

Egypt

Egypt’s Octane raises $5.2 million to digitize fleet payments across MENA

Egyptian fintech Octane has raised $5.2 million in a funding round led by Shorooq Partners, Algebra Ventures, and SC Holding. The...

Octane Algebra Ventures Fintech

Lebanon

XFOLIO closes $2 million seed backed by MEVP

French-Lebanese fintech XFOLIO has raised $2 million in Seed funding from Middle East Venture Partners (MEVP). Founded by Anis Rahal...

XFOLIO Fintech MEVP

Egypt

Valu prepares EGX debut after securing 25% market share in consumer finance

Egypt's buy now pay later (BNPL) fintech Valu has announced its intention to list on the Egyptian Exchange (EGX) following an...

valu Fintech BNPL

Saudi Arabia

Stitch raises $10 million seed to extend services to emerging markets

Saudi Arabia-based fintech infrastructure platform Stitch has raised a $10 million seed round from investors including Arbor Ventures,...

Stitch Arbor Ventures SVC

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