Wamda

U.A.E

CredibleX secures $55 million Seed in both equity, debt

UAE-based fintech CredibleX has raised $55 million Seed funding, comprising both equity and debt. This financial backing comes...

CredibleX Further Ventures Fintech

U.A.E

Klickl closes $25 million Series A at $125 million valuation

UAE-based Web3 banking startup Klickl has closed a $25 million Series A funding round at a valuation of $125 million. The round was...

Klickl Web 3.0 Fintech

U.A.E

Astra Tech’s Quantix secures $500 million debt financing from Citi

UAE-based fintech Quantix Technology Projects LLC, a subsidiary of Astra Tech, has secured $500 million in asset-backed securitisation...

Astra tech Quantix Citi

Egypt

MNT-Halan debuts in the UAE market

Egypt’s fintech company MNT-Halan has extended its super app services to the UAE market. The UAE has long been a strategic...

MNT-Halan

Tunisia

Tunisia’s Konnect secures undisclosed funding from Renew Capital

Tunisia-based fintech Konnect has secured a funding round from Renew Capita for an unknown amount. Founded in 2021 by Amin Ben...

Konnect Fintech Renew Capital

U.A.E

Wamda Capital participates in Wafeq’s $7.5 million Series A round

UAE-based fintech Wafeq has raised $7.5 million in a Series A funding round. The round is led by 9900 Capital, with participation from...

Wafeq Fintech Wamda Capital

Saudi Arabia

Geidea extends SoftPos services to Egypt

Press release: Geidea, a leading provider of digital payment solutions in the Middle East, is set to launch its innovative SoftPos...

Geidea Fintech Softpos

Morocco

BMCE Capital Investments invests $500,000 in PTS for equity stake

Morocco-based fintech Premium Technology & Services (PTS) has raised $500,000 in investment from BMCE Capital Investments, the...

BMCE Capital Investments PTS Premium Technology & Services

Saudi Arabia

EdfaPay closes $5 million pre-Series A to fuel MENAP expansion

Saudi Arabia-based fintech EdfaPay has secured a $5 million pre-Series A funding round led by OmanTel Innovation Labs, with...

EdfaPay Omantel Innovation Labs Fintech

U.A.E

Shipfinex raises $1.5 million Seed to drive growth

UAE-based maritime fintech platform Shipfinex has secured $1.5 million in Seed funding, led by Gaurav Mehta, Chairman of Best Oasis...

Shipfinex Maritime fintech

Egypt

T-Vencubator announces Tafweela as inaugural venture-building project

Egypt-based VC-incubator T-Vencubator has announced the Egyptian fintech, Tafweela, as its inaugural venture-building project. Founded...

T-Vencubator Tafweela

Saudi Arabia

HALA Payments joins Saudi Unicorns Programme

Saudi Arabia-based fintech HALA Payments has been selected to join the Saudi Unicorns Programme. Through the Saudi Unicorns...

HALA Payments Fintech Saudi Unicorns Programme

Saudi Arabia

Saudi B2B fintech Mala secures $7 million pre-Seed

Saudi Arabia-based fintech Mala has closed a $7 million pre-Seed funding round, led by VentureSouq and Shorooq Partners, as well as M...

Mala Fintech Venture Souq

U.A.E

Abhi closes $15 million debt round led by Shorooq Partners

UAE-headquartered fintech Abhi has secured $15 million in debt financing led by Shorooq Partners and Amplify Growth...

Abhi Shorooq Partners Amplify Growth Partnership

Oman

Omani BNPL fintech QPay closes Seed round

Oman-based fintech QPay has closed a Seed round at an undisclosed value, led by Cyfr Capital. Founded in 2022 by Khalid...

Qpay Fintech BNPL

U.A.E

UAE’s OCTA raises $2.25 million pre-Seed

UAE-based fintech OCTA has closed a $2.25 million pre-Seed round. The round is co-led by Quona Capital and Sadu Capital, with...

Octa Fintech Sadu Capital

Egypt

Saudi q-commerce Nana acquires Rasseed app

Saudi Arabia-based dark store grocery delivery startup Nana has acquired Rasseed application for an undisclosed value. Founded in 2016...

Nana Raseedi

Kuwait

Kuwait’s Krti closes $1.5 million pre-Seed

Kuwait-based fintech Krti has closed a pre-Seed round of $1.5 million from Core Vision Investment under the Financial Academy Financial...

Krti Fintech Core Vision

Egypt

Egypt’s SETTLE secures $2 million pre-Seed

Egypt-based fintech SETTLE has raised a $2 million pre-Seed round, led by Shorooq Partners, with support from El Sewedy Capital Holding,...

SETTLE Fintech Shorooq Partners

Saudi Arabia

UmrahCash secures $500,000 investment from Adaverse

Saudi Arabia-based fintech for Umrah and Hajj UmrahCash has secured a $500,000 investment from Adaverse. Founded in 2024 by...

UmrahCash Adaverse

Egypt

Paymob secures an extra $22 million for Series B round

Egypt-based fintech Paymob has raised a $22 million Series B extension round, bringing the company’s total Series B funding to $72...

Paymob Fintech EBRD Venture Capital

U.A.E

FlapKap secures $34 million pre-Series A in a mix of debt and equity

UAE-based fintech FlapKap has raised $34 million in a pre-Series A funding round that included both debt and equity financing. The...

FlapKap Fintech BECO Capital

U.A.E

Tarabut acquires UK payments platform Vyne

UAE-based open banking platform Tarabut has acquired the London-based fintech Vyne. This acquisition bolsters Tarabut’s ability...

Tarabut Fintech Vyne

Saudi Arabia

Saudi fintech Malaa secures $17.3 million Series A

Saudi Arabia-based fintech Malaa has closed a Series A funding round at $17.3 million, led by SNB Capital, with participation from...

Malaa Fintech SNB Capital

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