Wamda

U.A.E

Metric raises funding to accelerate AI-driven financial solutions for SMEs

UAE-based AI fintech Metric has secured investment from A-typical Ventures, with participation from 500 Global, Hub71, i2i...

Metric A-typical Ventures 500 Global

Egypt

Y Combinator leads Munify's $3 million seed round

Egypt-based fintech Munify has raised a $3 million seed round led by Y Combinator, with participation from BYLD and Digital Currency...

Munify Fintech Y Combinator

U.A.E

Maalexi secures $20 million shariah-compliant facility from Amwal Capital

UAE-based B2B agriculture-focused fintech Maalexi has secured a shariah-compliant credit facility of up to $20...

Maalexi Amwal Capital agritech

Saudi Arabia

Blomal Capital secures pre-seed funding from Falak

Saudi fintech Blomal Capital has raised a pre-seed round investment round (amount undisclosed) from Falak Investment...

Blomal Fintech Falak investment hub

U.A.E

Alaan raises $48 million Series A to transform spend management in MENA

UAE-based B2B fintech Alaan has raised $48 million in a Series A funding round led by Peak XV Partners (formerly Sequoia...

Alaan Fintech Peak XV Partners

Egypt

Egypt’s Flend secures $3 million seed to expand digital SME financing

Egypt-based fintech Flend has secured $3 million in seed funding through a blended equity and debt round. The equity was led by Egypt...

Flend Fintech Egypt Ventures

Egypt

With 4DX, Plus VC on board, PALM closes 7-figure pre-seed round

Egypt-based fintech PALM has raised a 7-figure pre-seed round led by 4DX Ventures, with participation from Plus VC and international...

PALM 4DX Ventures Plus VC

Egypt

LemFi extends its payment services to Egypt

Press release: LemFi, a leading international payment services startup based in London, with a strong presence across the United States,...

LemFi Fintech

Egypt

AgriCash raises seed round to drive inclusive agri-fintech innovation in Egypt

Egypt-based agri-fintech AgriCash has raised an undisclosed seed funding round led by Alex Angels, with participation from regional...

AgriCash Fintech agritech

Egypt

Valu begins trading on EGX with Amazon as investor

Egyptian fintech Valu has officially begun trading on the Egyptian Exchange (EGX). The listing was executed via an in-kind dividend...

valu Fintech BNPL

U.A.E

Sukna Fund provides $20 million credit facility to OCTA

UAE-based fintech Octa has raised $20 million in a credit facility from Sukna Fund for Direct Financing...

Octa Sukna Fund Fintech

Egypt

Egypt’s Octane raises $5.2 million to digitize fleet payments across MENA

Egyptian fintech Octane has raised $5.2 million in a funding round led by Shorooq Partners, Algebra Ventures, and SC Holding. The...

Octane Algebra Ventures Fintech

Lebanon

XFOLIO closes $2 million seed backed by MEVP

French-Lebanese fintech XFOLIO has raised $2 million in Seed funding from Middle East Venture Partners (MEVP). Founded by Anis Rahal...

XFOLIO Fintech MEVP

Egypt

Valu prepares EGX debut after securing 25% market share in consumer finance

Egypt's buy now pay later (BNPL) fintech Valu has announced its intention to list on the Egyptian Exchange (EGX) following an...

valu Fintech BNPL

Saudi Arabia

Stitch raises $10 million seed to extend services to emerging markets

Saudi Arabia-based fintech infrastructure platform Stitch has raised a $10 million seed round from investors including Arbor Ventures,...

Stitch Arbor Ventures SVC

U.A.E

Qashio closes $19.8 million round to accelerate expansion into Saudi Arabia

UAE-based fintech Qashio has raised $19.8 million in a mix of equity and non-equity funding, led by existing investor...

Qashio Fintech Rocketship

Qatar

Qatar’s PayLater receives strategic investment from LuLu AI

Qatar-based fintech PayLater has secured a "strategic" investment from LuLu Alternative Investments (LuLu AI), the...

LuLu AI PayLater Fintech

U.A.E

Gainz closes pre-seed round to expand SME lending solutions

UAE-based fintech Gainz has closed a 7-figure USD pre-seed round, structured as a mix of equity and debt The round was led by Antler...

Gainz Antler Fintech

Egypt

ElGameya secures fresh capital to expand inclusive savings tools

Egypt-based fintech ElGameya has raised a 7-figure USD investment round led by AYADY for Investment and Development. Other participants...

elGameya AYADY Fintech

Egypt

Egypt’s Thndr raises $15.7 million to expand digital investment offerings

Thndr, the Cairo-based investment platform, announced a $15.7 million funding round led by Prosus, with support from Y Combinator, BECO...

Thndr Fintech stock exchange

Egypt

Money Fellows secures $13 million to expand digital saving offerings across Africa

Egypt-based fintech Money Fellows has raised $13 million in a strategic funding round co-led by Al Mada Ventures and DPI Venture Capital...

Money Fellows Fintech Al Mada Ventures

U.A.E

Fuze closes $12.2 million Series A to power digital asset infrastructure

UAE-based fintech Fuze has raised $12.2 million in a Series A funding round led by Galaxy and e& capital, with participation from...

Fuze Fintech e& capital

Saudi Arabia

erad secures $16 million pre-Series A to bridge SME credit gap in MENA

Saudi Arabia-based fintech erad has raised a $16 million pre-Series A funding round, backed by Y Combinator, Nuwa Capital,...

erad Fintech YCombinator

Saudi Arabia

Techrar secures $1.6 million investment from Wae'd Ventures

Techrar, the Saudi platform for managing subscriptions, memberships, and recurring billing, has closed an investment round worth $1.6...

Techrar Fintech Wa'ed Ventures

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