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 BNPL Madfu closes $25.5 million pre-Series A

Saudi Arabia-based fintech startup Madfu has raised $25.5 million (SAR 95 million) in a pre-Series A round led by Afaq Capital,...

Madfu BNPL

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

Saudi Arabia

Saudi fintech SiFi raises $20 million Series A led by Ra’ed Ventures

Saudi Arabia-based fintech Simplified Financial Solutions Company (SiFi) has raised $20 million in a Series A round, led by Ra'ed...

SiFi Ra'ed Ventures

U.A.E

InvestSky expands into Saudi Arabia following $4 million seed round

UAE-based fintech InvestSky has officially expanded into Saudi Arabia after raising a $4 million seed round and receiving a Financial...

InvestSky Emkan Capital

Saudi Arabia

Safqah Capital lands $15.2 million in seed round

Safqah Capital, a Saudi Arabia-based fintech/proptech platform, has raised $15.2 million in a seed round, led by Shorooq, with...

Safqah Capital Shorooq anb Seed Fund

Saudi Arabia

MUHIDE closes Series A round backed by Asyad Group

Saudi Arabia-based fintech MUHIDE has closed a Series A funding round with Asyad Group for an unknown amount. Founded in 2023 by...

MUHIDE Asyad Group

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

Saudi Arabia

Vennre closes $9.6 million pre-Series A in hybrid equity-debt structure

Saudi Arabia-based wealthtech Vennre has raised $9.6 million (SAR 36 million) in a pre-Series A round through a hybrid equity and...

Vennre Vision ventures Plus VC

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

Ziina becomes first in the UAE to execute live Open Finance payments with Lean

Press release: Lean Technologies, the MENA region’s leading financial infrastructure provider, and Ziina, the UAE’s...

Lean Technologies Ziina open finance

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

Bahrain

Flooss secures $22 million Shorooq-backed credit facility

Flooss, a Bahrain-based Sharia-compliant fintech, has secured a $22 million credit facility structured by Shorooq, marking...

Flooss

Regional

Inside CoinMENA’s exit: The $240m deal that redefined MENA crypto’s growth model

CoinMENA’s sale to Paribu crystallises a quiet shift in how value is being priced in MENA’s digital asset market. The Bahrain-...

CoinMena

U.A.E

Lucid Capital closes $2.5 million Seed round, led by Tharawat Holding

UAE-based fintech Lucid Capital has closed a $2.5 million seed funding round, led by Tharawat Holding, with participation...

Lucid Capital Tharawat Holding

U.A.E

UAE-headquartered Premialab raises $220 million led by KKR

UAE-headquartered Premialab, a global provider of data, analytics, and risk management solutions for quantitative investing, has raised...

KKR Premialab

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

SahmAlgo raises $1 million to advance financial intelligence in Saudi Arabia

Saudi Arabia-based fintech SahmAlgo has raised $1 million in a seed funding round, led by Gharesah Investment. Founded in 2022 by...

SahmAlgo Gharesah Investment

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

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