Wamda

Egypt

Egyptian fintech MoneyHash closes $4.5 million Seed round

US-based Egyptian fintech MoneyHash has raised a $4.5 million Seed funding round, co-led by COTU Ventures and Sukna Ventures, with...

MoneyHash

U.A.E

UAE fintech Kema raises $2 million pre-Seed

UAE-based fintech Kema has raised a $2 million pre-Seed round, led by Speedinvest with participation from the Dubai Future District Fund...

Kema Fintech

Iraq

Iraqi fintech Wayl raises $150,000 pre-Seed round

Iraq-based fintech Wayl, has secured $150,000 in pre-Seed funding from EQIQ Ventures. Founded in 2021 by Ali Ismail, Wayl serves as a...

Wayl Fintech EQIQ Ventures

Qatar

Qatari fintech Karty raises $2 million Seed round

Qatar-based fintech KARTY, has raised a Seed funding round of $2 million from local investors. Founded in 2021 by Mohammed Suleiman...

Karty Fintech e-wallet

Saudi Arabia

Takadao raises new investment from Adaverse

Saudi Arabia-based fintech Takadao has raised an undisclosed investment from Adaverse. Founded in 2022 by Sharene Lee and Morrad...

Adaverse Takadao Fintech

Egypt

Egypt-based fintech Zeal raises $4 million

Zeal, an Egypt-based fintech and customer loyalty app, has closed a $4 million funding round led by Raed Ventures and Cur8 Capital,...

Zeal

U.A.E

Maalexi raises $3 million in pre-Series A led by Global Ventures

UAE-based agriculture-focused fintech Maalexi, has closed $3 million in pre-Series A funding. The round was led by Global Ventures,...

Maalexi Global Ventures Agriculture

Saudi Arabia

Tameed closes $15 million Series A from Alromaih Investments

Saudi Arabia-based fintech Tameed has raised $15 million in a Series A round, led by Alromaih Investments. Founded in 2019 by Mohammed...

Tameed Fintech

U.A.E

UAE’s fintech Qashio partners with Emirates Skywards

UAE-founded fintech Qashio has partnered with Emirates and flydubai’s loyalty programme, Emirates Skywards. The new partnership...

Qashio EMIRATES

Saudi Arabia

Saudi fintech Hakbah raises $5.1 million Series A

Saudi Arabia-based fintech Hakbah, has raised $5.1 million in Series A funding, bringing the company’s funding raised to date to...

Hakbah VentureSouq Fintech

Saudi Arabia

Jada Fund of Funds invests in Iliad Partners Tech Ventures Fund I

Jada Fund of Funds, a subsidiary of Saudi Arabia's Public Investment Fund (PIF), has invested in Iliad Partners Tech Ventures Fund...

Jada Fund of Funds

Saudi Arabia

Tamara raises $340 million Series C round at over $1 billion valuation

Saudi Arabia-based buy now pay later (BNPL) startup, Tamara, has raised a $340 million Series C round at a valuation of over $1...

Tamara

U.A.E

UAE’s Fundbot raises $1.5 million Seed

UAE-based fintech Fundbot, has raised a $1.5 million Seed round led by Hambro Perks Oryx Fund, with further support from Aditum...

Fundbot Fintech B2B lending

U.A.E

The evolution of Wally, from expenses tracking to personal finance AI

Resilience is often highlighted as an important skill for entrepreneurs to have and few have shown as much resilience as Saeid Hejazi and...

wally Fintech ChatGPT

Saudi Arabia

Lendo raises $28 million Series B led by Sanabil Investments

Lendo, a Saudi Arabia-based shariah-compliant debt crowdfunding marketplace, has raised SAR 105 million ($28 million) in Series B...

Lendo Shariah-compliant

U.A.E

Flow48 secures $25 million in pre-Series A funding

UAE-based fintech Flow48 has raised $25 million in pre-Series A funding, comprising a mix of equity and debt from several investors,...

Flow48 Endeavor Catalyst Fintech

U.A.E

Mafhoom secures $1.36 million pre-Seed

UAE-based fintech Mafhoom Technologies has raised a $1.36 million pre-Seed funding round, led by Al-Wafra Al-Thanya for...

Mafhoom Fintech Al-Wafra Al-Thanya for Investments

Saudi Arabia

Tamara secures additional debt financing of $250 million

Saudi Arabia-based fintech Tamara has secured an additional $250 million in debt financing, bringing its total warehouse facility to up...

Tamara BNPL Fintech

Saudi Arabia

Saudi fintech LYNK raises new round of investment

Saudi Arabia-based fintech LYNK has raised an investment round from Al Fozan Holding and Ramla Holding Group. The amount raised was not...

LYNK Fintech Al Fozan Holding

Saudi Arabia

Tabby closes $200 million Series D at $1.5 billion valuation

Saudi Arabia-based fintech Tabby has raised $200 million in Series D equity financing at a valuation of $1.5 billion, prior to a planned...

Tabby BNPL Fintech

Regional

Lending in the era of open banking

Abdulla Almoayed is the founder and CEO of Tarabut Optimism about improving the ease and speed of approving retail lending abounds...

Open banking lending

Tunisia

Tunisian fintech My Easy Transfer raises $423,000 investment

Tunisia-based fintech My Easy Transfer has raised a $423,000 investment from 216 Capital. Founded in 2022 by Ismaïl Khenissi and...

My Easy Transefer 216 Capital Fintech

Egypt

Egyptian startup ecosystem faces litmus test following debit and credit card use restrictions

The Egyptian startup ecosystem is facing yet more difficulty after local banks suspended the use of debit cards outside Egypt and limited...

currency devaluation

Saudi Arabia

Saudi fintech Takadao raises $1.6 million pre-Seed led by Draper Associates

Saudi Arabia-based fintech Takadao has raised a $1.6 million pre-Seed round, led by Silicon Valley-based investor Tim Draper, along with...

Takadao Draper Associates Fintech

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