Wamda

U.A.E

Ziina pockets $22 million in Series A round

UAE-based fintech Ziina has raised $22 million in a Series A funding round, led by US-based Altos Ventures, along with other investors...

Ziina Fintech Altos Ventures

Saudi Arabia

Tabby to acquire Saudi fintech Tweeq

Saudi Arabia-based fintech Tabby has announced finalising an acquisition deal of Tweeq, a Saudi-based digital wallet licensed by the...

Tabby Tweeq Fintech

Pakistan

Pakistan’s PostEx to expand into GCC after securing $7.3 million pre-Series A

Pakistan-based fintech PostEx has raised a $7.3 million pre-Series A funding round, led by Conjunction Capital, along with Dash...

PostEx Sanabil500

U.A.E

Yuze secures $30 million investment to fuel regional expansion

UAE-based fintech Yuze has raised $30 million in investment led by Osten Investments. Founded in 2022 by Rabih Sfeir, Yuze...

Yuze Fintech Osten Investments

Kuwait

Kuwait’s Kem secures $3 million investment from Tether

Kuwait-based fintech Kem has raised a $3 million investment from Tether, bringing the total investment Kem raised to date to $4.5...

Kem Fintech Tether

Egypt

Egyptian fintech Lucky ONE raises $3 million in convertible note

Egypt-based fintech Lucky ONE has raised $3 million in a convertible note from Lorax Capital Partners, KEM, DisrupTech Ventures and...

Lucky ONE Fintech Lorax Capital Partners

Egypt

Egypt’s Qardy secures seven-digit pre-Seed

Egypt-based fintech Qardy has raised a USD seven-figure pre-Seed round, invested by White Field Ventures, Vastly Valuable Ventures,...

Qardy Fintech White Field Ventures

Egypt

MNT-Halan acquires Tam Finans, extending its reach into Turkey

Egyptian fintech MNT-Halan has acquired Tam Finans, a Turkey-based commercial finance company in Turkey. Terms of the transaction were...

MNT-Halan

U.A.E

UAE’s fintech Mamo lands $3.4 million investment

UAE-based fintech Mamo has raised a $3.4 million funding round, provided by existing investor 4DX Ventures and the Dubai Future District...

Mamo 4DX Ventures Fintech

Egypt

Egypt's Banknbox join forces with CSC Jordan to drive financial inclusion

Egypt-based fintech Banknbox has partnered with CSC Jordan to drive financial inclusion and offer joint advanced services to customers...

Banknbox CSC Jordan Fintech

Egypt

Egypt’s MNT-Halan raises $157.5 million to propel expansion plans

Egypt’s MNT-Halan has raised $157.5 million in funding, featuring contributions of $40 million from the International Finance...

MNT-Halan Fintech

Egypt

Egypt’s Dopay secures $13.5 million Series A extension round

Egypt-headquartered fintech Dopay has closed a $13.5 million Series A extension round, topping up a previous $18 million Series A round...

Dopay Fintech Argentem Creek Partners

U.A.E

Maalexi raises $1 million investment from Stride Ventures

UAE-based Maalexi agriculture-focused fintech Maalexi has raised a $1 million venture debt from Stride Ventures. Founded in 2021...

Maalexi Stride Ventures Fintech

U.A.E

India’s CoinDCX acquires BitOasis in MENA expansion bid

India-based crypto exchange company CoinDCX has acquired the UAE-based virtual assets trading platform BitOasis, for an undisclosed...

BitOasis CoinDCX cryptocurrency

Egypt

Connect Money raises $8 million Seed round

Egypt-based fintech Connect Money has closed its Seed funding round of $8 million led by Disruptech Ventures and Algebra...

Connect Money Fintech Algebra Ventures

U.A.E

Comfi secures $5 million debt facility to expedite BNPL plans

UAE-based fintech Comfi has secured a $5 million debt facility from an undisclosed Abu Dhabi-based private family...

Comfi Fintech

Jordan

ISSF injects $2 million in VentureSouq second fund

Jordan’s Innovative Startups and SMEs Fund (ISSF) has invested $2 million in VentureSouq Fund II, managed by the UAE-based VC fund...

VentureSouq ISSF

Egypt

HSBC to back fintech in Egypt with $31 million fund

HSBC Egypt is planning to launch a fund worth EGP 1.5 billion ($31.5 million) to back the fintech sector in the North African...

HSBC Fintech

U.A.E

UAE’s Now Money closes $4 million equity round

UAE-based fintech NOW Money has closed a $4 million equity round. The investment completes the second round of funding for the Company...

now money Fintech

Egypt

Egypt’s Sahl closes dual rounds at $6 million

The Cairo-based fintech Sahl has raised $6 million in Series A and seed funding rounds, led by Ayady for Investment and Development,...

Sahl Fintech

U.A.E

Elevate to increase MENA presence after securing $5 million pre-Series A

Elevate, a London and Dubai-based fintech, has raised $5 million in a pre-series A investment round, according to the company's...

Elevate Fintech

Saudi Arabia

Tumodo joins forces with Tabby to facilitate travel management practices

UAE-based traveltech Tumodo has joined forces with Saudi Arabia’s fintech Tabby to stimulate growth in the UAE travel...

Tumodo Tabby

Saudi Arabia

SiFi closes $10 million Seed led by Sanabil Investments, RAED Ventures

Saudi Arabia-based fintech Simplified Financial Solutions Company (SiFi) has closed a $10 million Seed round. The round was led by...

SiFi Simplified Financial Solutions Company Raed Ventures

Egypt

Thndr expands into the UAE Market after ADGM approval

Egypt-based fintech Thndr has expanded its services to the UAE after acquiring a Category 3A license with retail endorsement from the...

Thndr ADGM

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