Wamda

U.A.E

Pyypl raises $20 million Series B round

UAE-based fintech Pyypl, has raised a $20 million Series B round from a group of international investors and ten of its existing...

Pyypl Fintech

Saudi Arabia

Saudi Central Bank launches open banking framework

The Saudi Central Bank (SAMA) has issued its open banking framework, a set of legislation, regulatory guidelines and technical standards...

Open banking Fintech

Saudi Arabia

Saudi Arabia’s Paytabs acquires Digital Pay

Saudi Arabia-based fintech PayTabs, will fully acquire compatriot point of sale (POS) provider Digital Pay, for an unknown...

paytabs Digital Pay

Regional

Middle East investors embrace crypto the traditional way

Matthew Clapp is the head of business development and asset management at EQONEX a Nasdaq-listed digital assets financial services...

cryptocurrency

Egypt

Money Fellows raises $31 million in first close of Series B

Egypt-based fintech Money Fellows, has finished the first close of its Series B round with a $31 million investment led by...

Money Fellows Fintech CommerzVentures

Egypt

valU acquires minority stake in fintech Kiwe

Egypt-based fintech valU has acquired a minority stake in the social payment app Kiwe, for an unknown amount. Founded in 2018 in Egypt...

valu Kiwe Fintech

Egypt

Egypt’s Nexta raises $3 million for its challenger fintech app

Egypt has a population of over 103 million inhabitants, growing at approximately 2 per cent a year. The enormous growth in population has...

Nexta

Kuwait

Kuwaiti fintech Ruba raises pre-Seed round

Kuwait-based fintech startup Ruba, has raised an undisclosed amount in pre-Seed funding. Founded in 2021 by Ameen Nadoom, Fawaz...

Ruba Fintech

Egypt

Egypt’s Telda raises $20 million Seed round

Egypt-based fintech Telda, has raised $20 million in Seed funding, led by Global Founders Capital with participation from Sequoia...

Telda Fintech

Egypt

Mastercard invests in Egypt's Nclude

Egypt-based VC fund Nclude has raised an undisclosed investment from Mastercard, to accelerate Egypt's fintech ecosystem. The...

Nclude MasterCard Fintech

U.A.E

Five FS closes $3.5 million Seed round

UAE-based fintech Five FS has raised $3.5 million in Seed funding led by Romanian VC firm Zeyshare Ventures at a $30 million...

Five FS Zeyshare Ventures Fintech

Saudi Arabia

Saudi Arabia’s anb invests in Cashee’s Series A round

Saudi Arabia-based bank anb has participated in UAE-based fintech Cashee’s Series A round. The amount invested was not...

Cashee ANB financial inclusion

U.A.E

MoneyGram acquires minority stake in UAE’s Jingle Pay

UAE-based fintech Jingle Pay has raised an unknown amount of investment from US firm MoneyGram International, Inc., for a 12 per cent...

MoneyGram Jingle Pay

Saudi Arabia

NearPay raises $3.6 million pre-Series A round

Saudi Arabia-based fintech NearPay has raised $3.6 million in a pre-Series A funding round, led by Vision Ventures with participation...

NearPay Softpos

Egypt

Tabby partners with Paymob to offer BNPL to Egyptian retailers

UAE-based fintech Tabby, has partnered with Egypt’s digital payment solution fintech Paymob to create a seamless buy now pay later...

Tabby Paymob BNPL

U.A.E

Verity: Driving financial access for the region's children

It was during one of his evening jogs that Kamal Al-Samarrai wondered why he found himself in a position of financial difficulty. At the...

Verity app financial literacy Open banking

Bahrain

Al Waha Fund, Hambro Perks launch fintech venture studio

Bahrain's Al Waha Fund of Funds has partnered with UK investment firm Hambro Perks, to launch HP Spring Studios, a fintech venture...

Al Waha Fund of Funds Hambro Perks HP Spring Studios

Jordan

Jordan’s liwwa closes $18.5 million pre-Series B round

Jordan-based fintech liwwa has closed an $18.5 million pre-Series B round of equity and debt. The $4.5 million in equity investment was...

liwwa

Jordan

UAE-based fintech Ziina set to expand to Jordan

UAE-based fintech Ziina will extend its services to Jordan. Founded in 2020 by Faisal Toukan and Sarah Toukan, Ziina helps...

Fintech Ziina

U.A.E

UAE’s Tabby expands to Egypt

UAE-based fintech Tabby has expanded to Egypt, announcing partnerships with several retailers to offer shoppers the chance to pay for...

Tabby BNPL

U.A.E

Neobank Zywa raises $3 million Seed round

UAE-based neobank Zywa, has raised $3 million in a Seed round from Goodwater Capital, Dubai Future District Fund, Rebel Fund, Trampoline...

Fintech neo banking Zywa

Saudi Arabia

Tamara raises $100 million Series B round

Saudi Arabia-based fintech Tamara has raised $100 million in a Series B equity round from investors including Sanabil Investments,...

Tamara BNPL

Regional

Can restaurant payment startups survive the market slowdown and rise in food costs?

There is a popular chain of Italian restaurants in Europe that is owned and operated by a French company that kickstarted a revolution in...

foodtech ChatFood Eat App

U.A.E

BNPL Tabby secures $150 million credit facility

UAE-based fintech Tabby, has secured $150 million in debt financing from Atalaya Capital Management and existing investor Partners for...

Tabby BNPL Fintech

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