Wamda

Saudi Arabia

Muhlah closes $7.5 million seed led by BIM Ventures

Saudi Arabia-based fintech Muhlah has raised $7.5 million in a seed round led by BIM Ventures and Japan’s SBI Group,...

Iraq

MoneyHash expands into Iraq with Wayl alliance

US-based Egyptian fintech MoneyHash has partnered with Iraqi fintech Wayl to support its expansion into Iraq. Through the...

MoneyHash Wayl Fintech

Morocco

WafR secures $4 million seed to expand last-mile financial services in Morocco

Morocco-based fintech WafR has closed $4 million in an oversubscribed seed round, co-led by LoftyInc Capital, Attijariwafa...

WafR Fintech LoftyInc Capital

Saudi Arabia

Saudi fintech CASHIN raises $16 million Series A led by Impact46

Saudi Arabia-based fintech CASHIN has raised $16 million (SAR 60 million) in a Series A round led by Impact46. Founded in 2021 by...

CashIn Fintech Impact46

U.A.E

XSquare attracts new investment to automate B2B finance infrastructure

UAE-based B2B fintech XSquare has raised a funding round from AngelSpark, value undisclosed. Founded in 2023 by ...

XSquare AngelSpark Fintech

U.A.E

UAE fintech omnispay raises $2 million pre-Series A

omnispay has raised $2 million in a pre-Series A round, led by Infinity Value Capital Group. Founded in 2022 by Simanta Das, Vimal...

omnispay Fintech

Qatar

Qatar’s SkipCash raises $4 million Series A

Qatar-based fintech platform SkipCash has raised $4 million in a Series A round to scale its smart payments infrastructure and expand...

SkipCash Fintech Qatar Development Bank

Egypt

Egypt’s NowPay enters Saudi market with $20 million-backed Tas’heel partnership

Egypt-based fintech NowPay is launching in Saudi Arabia through NowAccess, a joint venture with United International...

NowPay Fintech

U.A.E

UAE's Islamic digital bank Mal raises $230 million

UAE-based fintech Mal has raised $230 million in a strategic investment round led by BlueFive Capital, with participation from...

BlueFive Capital Mal Fintech

Egypt

Paymob–RTG strike regional partnership to merge payments, AI development

Egypt-based fintech Paymob and Robusta Technology Group (RTG) have signed a strategic partnership to build an integrated digital...

Paymob Fintech Robusta Technology Group

Saudi Arabia

erad secures $125 million facility from Jefferies

Saudi Arabia–based embedded-finance platform erad has secured a $125 million scalable facility led by Jefferies, with...

erad Jefferies Channel Capital

Saudi Arabia

Takadao secures $1.5 million seed, total funding hits $3.1 million

Saudi Arabia-based fintech Takadao has raised $1.5 million in a seed round led by Hasan VC, Syla Invest, Wahed Ventures, Ice Blue...

Takadao Fintech Hasan VC

Saudi Arabia

TAM Capital leads $11 million round in Saudi construction fintech Builtop

Builtop, a Saudi digital procurement startup for the construction and real estate sectors, has raised $11 million in a round led by TAM...

Builtop contech Fintech

United States

MidLyr closes $2.5 million pre-seed to advance MENA expansion plans

US-based fintech MidLyr has raised $2.5 million in pre-seed funding led by Silicon Badia, with participation from Wedbush Ventures,...

MidLyr silicon badia Fintech

Saudi Arabia

Tabby completes secondary share sale at $4.5 billion valuation

Tabby, the Saudi Arabia-headquartered fintech, announced the completion of a secondary share sale by certain existing...

Tabby Fintech

U.A.E

Is the UAE building the region's first true open finance economy?

An article by Tewfik Cassis, chief product & technology officer ay Lean Technologies The UAE’s bold move Financial...

oped Fintech Open banking

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

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

Tunisia

PAYDAY raises pre-seed funding, valued at $3 million

PAYDAY, a Tunisian fintech and insurtech startup, has closed its first pre-seed financing round, led by UGFS North Africa,...

PAYDAY Fintech

U.A.E

UPFRONT secures $10 million pre-seed in debt-equity mix

UAE-based fintech UPFRONT has raised $10 million in pre-seed funding, a mix of equity and debt, to address cash flow inefficiencies...

UPFRONT Palm Ventures Fintech

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

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