Wamda

Saudi Arabia

Arib targets Saudi digital lending boom with $23.5M funding round

Saudi Arabia-based fintech Arib has raised $23.5 million in a funding round led by Merak Capital. The round included Sharia-compliant...

Arib Fintech Merak Capital

Saudi Arabia

a16z backs Saudi fintech Stitch in its first-ever GCC deal

Saudi Arabia-based fintech Stitch has raised $25 million in Series A funding led by the US-based VC Andreessen Horowitz (a16z). The...

a16z Stitch Andreessen Horowitz

Saudi Arabia

Stream raises additional $5.2M, bringing total seed funding to $9.2M

Saudi Arabia-based fintech Stream has secured a $5.2 million seed extension round led by BECO Capital. The round included...

Stream BECO Capital Fintech

U.A.E

Mubadala leads CredibleX Series A within broader $15 million round

UAE-based fintech CredibleX has closed a Series A funding round led by Mubadala Investment Company, as part of a broader $15...

CredibleX Mubadala

Qatar

Vodafone Qatar acquires Maktapp to expand into SME fintech

Vodafone Qatar has acquired Maktapp through its subsidiary Infinity Fintech Ventures. The deal strengthens Vodafone’s push into...

maktapp vodafone Infinity Fintech Ventures

U.A.E

Comfi expands across MENA after raising $65 million pre-Series A

UAE-based fintech Comfi has raised $65 million in a pre-Series A round combining equity and debt to scale SME financing across...

Comfi Fintech Iliad Partners

Egypt

INVIA raises $1.2 million to build AI-powered financial OS for SMEs in Egypt

Egypt-based fintech startup INVIA has raised $1.2 million from angel investors and strategic backers. Founded in 2023 by Yehia Ashour,...

INVIA Fintech

Saudi Arabia

Saudi fintech AVA targets cashless growth with Plug and Play backing

Saudi Arabia-based fintech AVA has secured an undisclosed strategic investment from Plug and Play Middle East, following its graduation...

A Virtual Advantage AVA Plug and Play

Egypt

Egypt’s Lucky secures $23 million Series B to expand in North Africa

Egypt-based fintech Lucky has raised $23 million in a Series B round, combining equity and debt, with participation from Disruptech...

Lucky app Fintech Disruptech Ventures

U.A.E

Mezza launches in the UAE with fresh seed backing

UAE-based hospitality platform Mezza has raised a seed funding round at an undisclosed value, from prominent angel investors. Founded...

Mezza

Saudi Arabia

Saudi Arabia issues first open banking license to Lean Technologies

Saudi Arabia-based fintech Lean Technologies has become the first licensed open banking provider in the Kingdom after receiving a...

Lean Technologies Open banking

U.A.E

Blackstone leads $250 million investment in UAE payments platform ADGT

ADGT, a UAE-based payments and data intelligence platform, has secured a $250 million investment from Blackstone alongside Raya Holding,...

Blackstone ADGT Advanced Digital Gaming Technology

U.A.E

UAE blockchain startup Utexo raises $7.5 million seed led by Tether

UAE-based blockchain infrastructure startup Utexo has raised $7.5 million in a seed funding round led by Tether, with participation...

Tether Utexo Blockchain

Saudi Arabia

Muhlah closes $7.5 million seed led by BIM Ventures

Saudi Arabia-based fintech Muhlah has raised $7.5 million in a seed round led by BIM Ventures and Japan’s SBI Group,...

Muhlah Fintech BIM Ventures

Iraq

MoneyHash expands into Iraq with Wayl alliance

US-based Egyptian fintech MoneyHash has partnered with Iraqi fintech Wayl to support its expansion into Iraq. Through the...

MoneyHash Wayl Fintech

Morocco

WafR secures $4 million seed to expand last-mile financial services in Morocco

Morocco-based fintech WafR has closed $4 million in an oversubscribed seed round, co-led by LoftyInc Capital, Attijariwafa...

WafR Fintech LoftyInc Capital

Saudi Arabia

Saudi BNPL Madfu closes $25.5 million pre-Series A

Saudi Arabia-based fintech startup Madfu has raised $25.5 million (SAR 95 million) in a pre-Series A round led by Afaq Capital,...

Madfu BNPL

Saudi Arabia

Saudi fintech CASHIN raises $16 million Series A led by Impact46

Saudi Arabia-based fintech CASHIN has raised $16 million (SAR 60 million) in a Series A round led by Impact46. Founded in 2021 by...

CashIn Fintech Impact46

U.A.E

XSquare attracts new investment to automate B2B finance infrastructure

UAE-based B2B fintech XSquare has raised a funding round from AngelSpark, value undisclosed. Founded in 2023 by ...

XSquare AngelSpark Fintech

U.A.E

UAE fintech omnispay raises $2 million pre-Series A

omnispay has raised $2 million in a pre-Series A round, led by Infinity Value Capital Group. Founded in 2022 by Simanta Das, Vimal...

omnispay Fintech

Saudi Arabia

Saudi fintech SiFi raises $20 million Series A led by Ra’ed Ventures

Saudi Arabia-based fintech Simplified Financial Solutions Company (SiFi) has raised $20 million in a Series A round, led by Ra'ed...

SiFi Ra'ed Ventures

U.A.E

InvestSky expands into Saudi Arabia following $4 million seed round

UAE-based fintech InvestSky has officially expanded into Saudi Arabia after raising a $4 million seed round and receiving a Financial...

InvestSky Emkan Capital

Saudi Arabia

Safqah Capital lands $15.2 million in seed round

Safqah Capital, a Saudi Arabia-based fintech/proptech platform, has raised $15.2 million in a seed round, led by Shorooq, with...

Safqah Capital Shorooq anb Seed Fund

Saudi Arabia

MUHIDE closes Series A round backed by Asyad Group

Saudi Arabia-based fintech MUHIDE has closed a Series A funding round with Asyad Group for an unknown amount. Founded in 2023 by...

MUHIDE Asyad Group

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