Wamda

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

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

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