Wamda

Saudi Arabia

Tamara raises $110 million in Series A round

Saudi Arabia-based Tamara, a buy now pay later (BNPL) startup, has raised $110 million in both debt and equity for its Series A round...

Buy now pay later BNPL Tamara

Saudi Arabia

Prexle completes its $670,000 Seed round

Saudi Arabia-based fintech startup Prexle has raised SAR2.5 million ($670,000) in its Seed round led by several angel...

Prexle POS

Egypt

Paymob completes $18.5 million Series A funding

Egypt-based fintech startup Paymob has raised $18.5 million in its Series A round, led by Global Ventures with participation from A15...

Paymob Series A

U.A.E

Wamda participates in Now Money's $7 million round

Wamda has participated in UAE-based NOW Money's $7 million funding round which was led by Anthemis Exponential Ventures. The round also...

now money financial inclusion

Saudi Arabia

Wamda participates in Hala’s $6.5 million Series A round

Wamda has invested in Saudi Arabia-based fintech Hala, participating in its $6.5 million Series A round. Other investors in the round...

Hala Fintech wamda

U.A.E

KLAIM raises $1 million in its Seed round

UAE-based fintech platform, KLAIM has raised $1 million in Seed investment from TechStars and a group of strategic regional investors,...

fin-tech SAAS uae

Saudi Arabia

Wafeer closes pre-Seed funding round led by Nama Ventures

Saudi-Arabia based fintech startup Wafeer, has raised an undisclosed amount in a pre-Seed funding round led by Nama Ventures, with...

Wafeer Fintech pre-Seed

U.A.E

baraka launches trading app after raising $1 million

UAE-based fintech baraka is launching its commission-free mobile trading platform following a $1 million pre-Seed funding round led by...

Fintech pre-Seed

Regional

Why we need to consider the financial inclusion of children

The Organisation for Economic Co-operation and Development (OECD) defines financial literacy or financial capability as a combination of...

financial inclusion

Global

Prepaid is the future of financial inclusion

Rupert Shaw is the chief commercial officer at Ding, a mobile top up and airtime transfer company based in Ireland Among all the...

financial inclusion

Bahrain

Tarabut Gateway raises $13 million

Bahrain-based open banking platform Tarabut Gateway has closed a seed funding round of $13 million, hailed to be the largest fintech seed...

Tarabut Gateway Fintech Seed funding

Global

What can Mena learn from the African experience in fintech?

Mahmood Ahmadu is the chairman of Innovate 1 Pay, a Nigerian financial technology (fintech) company established in 2012, providing online...

Fintech financial inclusion africa

Global

Will Bitcoin valuations drop this year?

Khurram Shroff is the chairman of UAE-based private equity firm IBC Group which has invested in over 4000 different Blockchain products....

Bitcoin

Saudi Arabia

Raqamyah raises $2.3 million investment

Saudi-based fintech peer-to-peer (P2P) lending platform, Raqamyah, has secured a $2.3 million investment round led by Impact46 with...

Fintech Investment Impact46

U.A.E

Hub71 raises more than $50m for startups in two years

Abu Dhabi’s global tech ecosystem, Hub71, raised Dh185 million ($50.4m) in capital for its community of startups since its launch in...

entrepreneurship tech hub Hub71

Egypt

FOODICS raises $20 million in Series B

Saudi Arabia-based food and beverage (F&B) retail and restaurant management platform FOODICS, has raised $20 million in a Series B...

Foodics Sanabil Investments STV

Egypt

Egyptian fintech in 2021: The journey ahead [Part Two]

In the second part series, Michel Assaad, vice president of Europe, Middle East and Africa strategy at Citi Bank, outlines the trends...

Fintech

Saudi Arabia

Tamara raises $6 million in seed funding

Saudi Arabia-based buy now pay later (BNPL) startup Tamara, has secured a $6 million (SAR 22.5 million) seed round led by...

Buy now pay later

Egypt

Egyptian fintech in 2020: A tale of crosswinds and tailwinds [Part One]

In this two part series, Michel Assaad, vice president of Europe, Middle East and Africa strategy at Citi Bank, outlines the trends...

Fintech

U.A.E

Wamda participates in Ziina’s seed round

Wamda has invested in UAE-based peer-to-peer (P2P) payment application Ziina’s seed funding round, which was led by the Oman...

Ziina Fintech

Bahrain

Rain secures $6 million Series A

Bahrain-based cryptocurrency exchange Rain has raised $6 million in its Series A round of funding. The round was led by Middle East Venture...

crypto cryptocurrency

Global

Checkout.com to open office in Riyadh after raising $450 million

Checkout.com, the UK-based payments company is expanding its presence in the Middle East and North Africa (Mena) after securing a $450...

Saudi Arabia

Saudi Arabia’s SAMA issues open banking policy

SAMA, Saudi Arabia’s Central Bank has today announced its intent to launch an open banking regulatory framework in the kingdom. In...

Open banking

Egypt

Cassbana raises $1 million from Distruptech

Cairo-based financial technology (fintech) startup Cassbana, has raised a six-figure pre-seed funding round led by Egypt’s...

Disruptech

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