Wamda

U.A.E

VentureSouq invests in Hong Kong's QFPay

Source: E27 QFPay, a QR code-based payment technology company headquartered in Hong Kong, has received US$20 million in fresh funding...

Investment PAYMENT Technology

Bahrain

Lamar Holding invests $1 million in Nigeria's TechAdvance

Source: VentureBurn Lagos-based payments infrastructure firm TechAdvance has secured $1-million in funding from...

Investment tech PAYMENT

Egypt

Chefaa closes a six figure seed funding round

Source: Disrupt Africa Egyptian e-health startup Chefaa has closed a six-figure US dollar seed funding round from Flat6Labs and 500...

Investment seed Médecine

Egypt

Fawry lists on Egyptian Exchange

Source: MENAbytes Egyptian electronic payments company Fawry, after months of hype, finally went public on The Egyptian...

fawry ipo IPOs

Pakistan

MEVP invests $2 million in Bykea

Source: MenaBytes Dubai-based leading regional VC Middle East Venture Partners (MEVP) today announced in a statement...

Investment bike ridehailing

U.A.E

Jollychic secures $65m from G42 Group

Source: Tech in Asia G42, which is behind several national strategic tech projects in the region, considered Jollychic’s potential...

E-commerce Investment startup

Egypt

Match group acquires Harmonica

Source: MenaBytes Match Group, the online dating giant with a market cap of over $20 billion that owns different dating websites...

Investment acquisition Egypt

U.A.E

Vy Capital invests in UrbanClap

Source: MenaBytes Indian home and beauty services marketplace UrbanClap has raised $75 million in a Series E round led by Tiger Global,...

Investment Beauty startups

Regional

FinTech Accelerator

Monsha’at and NCB are collaborating to launch the first FinTech accelerator in KSA. The program supports the...

U.A.E

MidChains raises funding

Source: The National The venture capital arm of Mubadala Investment Company has taken a stake in MidChains, a company which recently...

Stake Funding crypto

Egypt

The reasons behind Egypt's startup boom

Barely a week goes by without a startup in Egypt announcing an investment round. The country has over the past few years ramped up its...

cairo Swvl Egypt Innovate

Saudi Arabia

Hazen.ai closes seed round

Source: Startup MGZN Hazen.ai, a Saudi startup focusing on artificial intelligence-based traffic analytics and monitoring solutions,...

AI traffic Investment

Bahrain

Rain raises $2.5 million and acquires regulatory license

Source: Coindesk Cryptocurrency exchange Rain has opened its doors for business following regulatory approval by Bahrain’s central...

exchange crypto license

Morocco

SOS Credit receives funding from SEAF Morocco Growth Fund

Source: Venture Burn SOS Credit, a Casablanca-based fintech startup, has received an undisclosed investment from the SEAF Morocco...

Fintech startup Funding

Regional

Coded raises $1.3 million pre-series A

Source: SME10X Along with being the first coding academy in the Middle East, Coded is also the startup that brought the first coding...

Coding cootcamp Investment

U.A.E

China's Didi to set up joint venture in Abu Dhabi

Source: Arabian Business Didi Chuxing, a Beijing-based mobile transportation platform with 550 million users, on Monday signed an...

Expansion Transport venture

Egypt

Cryptyd raises pre-Series A funding

Egypt-based mobile games development studio Cryptyd has raised a pre-Series A funding round from The Cairo Angels and Alexandria Angels...

cairo angels Alexandria Angels Gaming

Regional

Clara closes seed round at $2,000,000

UAE-based Clara, a legal technology firm targeting startups has raised $2 million in seed funding from multiple investors including Wamda...

startup Investment Legal

Regional

Washmen raises $6.2 million Series B

Source: Menabytes Washmen, a Dubai-based dry cleaning and laundry service has raised $6.2 million in its Series B round, the startup...

startup series B Washmen

Regional

Ola raises $11 million in series J round

Source: LiveMint ANI Technologies-owned Cab aggregator Ola has raised $11 million in its ongoing Series J round from...

Investment series J cab service

Egypt

Angel Oasis 2019

The Middle East Angel Investment Network (MAIN) is launching its 2nd edition of their annual conference, Angel Oasis 2019,...

Lebanon

Ecomz raises $4 million series A

Source: MenaBytes Beirut-based ecommerce management platform Ecomz has raised $4 million in a Series A round led by local VC Cedar...

E-commerce series-A Investment

Kuwait

Boutiqaat raises investment and doubles its valuation to $500 million

Source: MenaBytes Boutiqaat, the leading Kuwaiti beauty ecommerce startup has doubled its valuation to $500 million in eighteen months...

Valuation Investment E-commerce

Jordan

Faylasof raises $500,000 pre-Series A

Source: Menabytes Amman-based online bookstore Faylasof has raised $500,000 as Pre-Series A funding from Saudi-based Wise Ventures,...

e-books Venture Capital venture capital fund

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