Wamda

U.A.E

UAE’s Zest Equity raises $3.8 million Seed led by MEVP

UAE-based fintech Zest Equity has raised $3.8 million in Seed funding, led by Middle East Venture Partners (MEVP) with participation...

Zest Equity MEVP Fintech

Jordan

Capifly raises $1 million pre-Seed round

Jordan-based fintech Capifly has raised a $1 million pre-Seed funding round from investors including Oasis500, BLDR Ventures, Joa...

Capifly Fintech

Egypt

MoneyHash secures new investment from GitHub’s founder

US-headquartered Egyptian fintech MoneyHash, has secured new funding from Tom Preston-Werner, co-founder of GitHub, as part of an...

MoneyHash GitHub

U.A.E

BILRS raises pre-Seed investment from Haatch

UAE-based fintech BILRS has raised a pre-Seed investment from Haatch for an unknown amount. Founded in 2022 by Rupert Shaw, BILRS...

BILRS Haatch Fintech

Global

Transforming access to finance in agriculture

Simon Sharp and Said Murad are partners at Global Ventures In the Middle East and Africa (MEA), agriculture is a social and economic...

Tarfin Fintech agritech

Global

The illusion of inclusion: the landscape of digital banking in Africa

Khadija Ba is an MIT Legatum Fellow Africa’s financial landscape is undergoing a seismic shift driven by the rapid ascent of...

africa Digital banking

Regional

The startup bundling SaaS solutions through buy now pay later

UAE-based entrepreneur Amal Abdullahev wanted to build a startup to match businesses with social media influencers, but the biggest...

SAAS BNPL

U.A.E

Archie to aid fintech startups through new regional accelerator

Archie, a new fintech accelerator in Dubai has officially launched to help fintech startups scale across Europe and Australia. The...

Archie Fintech accelerator

Saudi Arabia

SVC invests $5 million in VentureSouq’s fintech fund

UAE-based VentureSouq has raised $5 million from Saudi Venture Capital (SVC). The investment will go towards VentureSouq’s...

VentureSouq SVC Fintech

U.A.E

myZoi raises$14 million, obtains regulatory licences

UAE-based fintech myZoi has raised $14 million from SC Ventures and SBI Holdings. Founded in 2022 by Christian Buchholz and Syed...

myZoi SC Ventures Fintech

Kuwait

Kuwaiti fintech Kem raises $1 million pre-Seed round

Kuwait-based fintech Kem has raised a $1 million pre-Seed round from a group of investors led by Maqamees Holdings. Founded in 2021 by...

Kem Fintech p2p

Egypt

HEDG raises six-figure pre-Seed round

Egypt-based fintech HEDG has raised a six-figure pre-Seed funding round from undisclosed investors based in Egypt and Saudi...

HEDG Fintech

Regional

How are changing market conditions in Mena impacting BNPL?

The momentum realised in the buy now, pay later (BNPL) e-commerce space has also carried over to brick-and-mortar sales. The shifting...

BNPL

U.A.E

Maly secures $1.6 million pre-Seed to speed up GCC expansion plans

UAE-based fintech MALY has raised $1.6 million in pre-Seed funding from a group of regional angel investors. Established in 2022 by Mo...

Maly Fintech

Regional

How do Mena merchants view buy now pay later?

Buy now, pay later (BNPL) has quickly established itself as a popular go-to financing option for online shoppers as well as retailers, with...

BNPL Tabby Tamara

U.A.E

BitOasis secures new investment from CoinDCX and Wamda Capital

UAE-based cryptocurrency exchange platform BitOasis has raised new investment from CoinDCX, India’s highest valued crypto...

Bit Oasis Cryptocurrencies crypto

Jordan

Numa: bridging the fintech gap for freelancers

Any company familiar with freelancers in the Arab world will know how difficult it can be to pay them. Many remain unbanked and still opt...

NUMA banking neobank

U.A.E

Mubadala leads $76 million in debt, equity funding for Nigeria’s Moove

UAE sovereign investor Mubadala Investment Company has led a $76 million in equity and debt financing for Nigeria-based mobility fintech...

Mubadala Investment Company Moove mobility

Saudi Arabia

Saudi Arabia’s Wadaie raises pre-Seed funding

Saudi Arabia-based fintech Wadaie has secured a pre-Seed funding round led by RZM Investments, along with Bunat Ventures and other Saudi...

Wadaie RZM Investments Bunat Ventures

Regional

Where does the next level of innovation lie in Mena’s insurtech sector? [part two]

This is the second in a two-part series on the insurtech space in the Middle East and North Africa (Mena). The first part can be found...

Insurtech Insurance

Regional

Insurtech: the interplay between insurance companies and startups [part one]

This is the first in a two-part series looking at the growth of insurtech in Mena. The second part can be found here. Insurance is one...

Insurtech Insurance

Egypt

Egypt’s Flash raises $6 million Seed round

Egypt-based fintech Flash has completed a $6 million Seed round led by Addition with participation from Flourish Ventures and other...

Flash Fintech Addition

Egypt

Egyptian fintech Menthum raises pre-Seed funding

Egypt-based fintech Menthum has raised pre-Seed funding from Acasia Ventures, along with A15 and other angel investors. Founded...

Menthum Acasia Ventures A15

Egypt

Egypt’s Masroofi raises $1.5 million

Egypt-based fintech Masroofi, has closed a $1.5 million investment round from undisclosed investors. Founded in 2022 by Mostafa...

Masroofi Fintech

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