Saudi Arabia Wahed Raises $25 million Source: Forbes Wahed, the ethical investment fintech for Muslim investors, raised $25 million in venture funding with proceeds being... News • 08 June, 2020 Wahed Ethical invetment Islamic economy
U.A.E DIFC invests in four fintech startups Source:Techradar Dubai International Financial Centre (DIFC), an international business hub in the Middle East, Africa and South Asia... News • 08 June, 2020 DIFC Fintech
U.A.E Tabby raises $7 million and expands to Saudi Arabia UAE-based Tabby, a buy now, pay later financial technology (fintech) startup, has raised $7 million to fund its growth and launch its... News • 08 June, 2020 Tabby Fintech
U.A.E Ziina secures $850,000 in pre-seed round Ziina, the UAE-based social peer-to-peer (P2P) payment application, has raised $850,000 in a pre-seed funding round. The investment was led... News • 19 May, 2020 Fintech Ziina
Egypt Shahry raises $650,000 in pre-seed Egypt-based online lending startup Shahry, has closed a $650,000 pre-seed round from the investment arm of EGBANK. Powered by a... Dunya Hassanein • 13 May, 2020 Fintech shahry
Egypt CVentures invests in London-based Countingup Source: MenaBytes CVentures, the venture capital arm of Egypt’s largest private bank CIB (Commercial International Bank) has... News • 11 May, 2020 Fintech Cventures CIB
Global Ways to improve your financial health The rate of unemployment is increasing daily across the world, particularly among startups that have gone into “survival mode”.... Thought Leadership • 22 April, 2020 Fintech wally
U.A.E Hubpay raises seed investment UAE-based Hubpay, a digital wallet for remittances has announced its seed round led by US venture capital firm, Signal Peak Ventures,... News • 20 April, 2020 Fintech financial inclusion hubpay
Regional Fintech boom threatened by slowing economy As retail businesses scramble to get online and banks and exchange houses shutter their doors for the foreseeable future, the one solution... Shaimaa El Nazer • 20 April, 2020 Fintech now money FlexxPay
Global Mubadala Capital invests in US-based Wellpay Source: IBSintellegence California-based Wellpay, a FinTech platform provider for the healthcare industry, has also announced that... News • 14 April, 2020 Mubadala Capital Wellpay Fintech
Egypt Fawry’s founder launches fintech fund Egypt-based financial technology (fintech) company Fawry has played a pivotal role in providing digital payment capabilities to businesses... Dunya Hassanein • 14 April, 2020 Fintech fawry
U.A.E Mamo Pay raises $1.5 million UAE-based Mamo Pay, a peer-to-peer payments app has raised $1.5 million in a round led by Global Founders Capital (GFC) with participation... News • 07 April, 2020 mamo pay Fintech
U.A.E Rise raises investment from MEVP Dubai-based financial technology (fintech) startup Rise, has raised an investment round led by Middle East Venture Partners (MEVP) in... News • 23 March, 2020 Rise MEVP Fintech
Egypt Khazna raises seed funding Egypt-based financial technology (fintech) startup Khazna, has raised an undisclosed amount of seed funding round led by Algebra Ventures,... Dunya Hassanein • 08 March, 2020 Fintech Algebra Ventures
Palestine Receet secures pre-series A investment Ramallah-based Receet, has secured a six-figure pre-series A investment round, led by Ibtikar Fund, with participation from Paltel... Dunya Hassanein • 04 March, 2020 Fintech Ibtikar Fund
Regional Take employee wellbeing seriously or watch your business suffer Michael Trüschler is the co-founder and chief executive officer at FlexxPay a UAE-based financial technology company providing... Thought Leadership • 02 March, 2020 Fintech
Bahrain How did Bahrain become a fintech hub? Bahrain’s government has made vital steps to encourage entrepreneurship to stimulate its economy. In doing so, it has created a... Wamda • 27 February, 2020 Fintech Bahrain Fintech Bay
Egypt Wamda invests in fintech startup Liwwa Wamda has participated in Amman-based Liwwa's $6 million investment round. The investment was led by FMO, the Dutch Entrepreneurial... Wamda • 17 February, 2020 wamda liwwa Fintech
U.A.E NOW Money offers banking alternatives for Mena's unbanked According to the World Bank, in the Arab world stretching from Muscat to Casablanca, only eight per cent of adults belonged to the... Alicia Buller • 17 February, 2020 Fintech
U.A.E Abu Dhabi invests in fintech blockchain start-up Source: Zawya The Abu Dhabi Investment Office (ADIO) has invested in Securrency, a US-based developer of blockchain-based financial and... News • 14 January, 2020 Fintech Blockchain Investment
Saudi Arabia HyperPay raises eight-figure investment Source: MenaBytes Riyadh-headquartered payment processing platform HyperPay has closed an eight-figure USD investment, it announced... News • 28 December, 2019 PAYMENT Fintech saudi
Oman Muscat Bank announces new $100 million fintech investment programme Source: Fintech News BBank Muscat announced that the Central Bank of Oman has approved the bank’s request to launch a $ 100... News • 24 December, 2019 Investment fund Bank
U.A.E Wamda invests in UAE-based fintech startup FlexxPay Wamda has invested in UAE-based financial technology (fintech) startup FlexxPay (flexxpay.com). The social impact company provides... Wamda • 08 December, 2019 Fintech Wamda Capital
Regional Global Ventures and BECO Capital invest in Tribal Credit Source: Digital Boom US-based Tribal Credit closed a $5.5 million Seed round led by BECO Capital and Global Ventures to bank startups in... News • 05 December, 2019 Fintech BECO Capital