Wamda

Saudi Arabia

Nayla Finance to boost operations in KSA with $4 million seed investment

Saudi Arabia-based fintech Nayla Finance has secured $4 million in seed funding, led by Sanabil Venture Studio by...

Nayla Finance Sanabil Venture Studio Fintech

U.A.E

Nymcard closes $33 million Series B led by QED Investors

UAE-based fintech Nymcard has raised $33 miilion in series B funding round, led by QED Investors, and joined by...

NymCard QED Investors Fintech

U.A.E

ClearGrid emerges from stealth after closing $10 million dual round

UAE-based fintech ClearGrid has emerged from stealth after raising $10 million in a dual round, pre-seed and...

ClearGrid Fintech Wamda Capital

Egypt

Fawry partners with Contact to broaden BNPL services in Egypt

Press release: Fawry, Egypt's leading fintech company, has signed a strategic agreement with Contact Financial Holding,...

fawry Contact Financial Holding Fintech

Egypt

PayTabs Group acquires majority stake in PayTabs Egypt

Source: Zawya PayTabs Group has acquired a 51% stake in PayTabs Egypt from EFG Finance, an EFG Holding company, according to a recent...

paytabs

Kuwait

Kuwait's Motery raises undisclosed seed round

Kuwait-based autotech/fintech startup Motery has raised a seed funding round for an undisclosed value at an $8 million...

Motery Fintech autotech

U.A.E

KLAIM secures $26 million to boost GCC expansion

UAE-based fintech KLAIM has raised $10 million in a Series A equity funding round led by Mad’a Investments and joined by CDG...

KLAIM Mad’a Investments Fintech

Morocco

Moroccan superapp ORA Technologies secures $1.9 million pre-Series A

Morocco-based superapp ORA Technologies has closed a $1.9 million Pre-Series A funding round led by Witamax & Azur Innovation...

Ora Technologies super app Azur Innovation Fund

Bahrain

Foras acquires 36% of Bahraini crowdfunding platform Beban

UAE-based investment firm Foras has acquired a 36% stake in Beban, a Bahrain-based crowdfunding platform, for an undisclosed...

Beban Foras

U.A.E

BILRS raises funding round from Salica Spring Studios

UAE-based fintech BILRS has raised an undisclosed funding round from Salica Spring Studios, which is backed by Al-Waha Fund of...

BILRS Fintech Salica Spring Studios

Egypt

Fawry deploys $1.6 million investment in three Egyptian fintech startups

Egypt-based fintech Fawry has invested $1.6 million in three Egyptian fintech companies, which are Dirac Systems, Virtual CFO, and Code...

fawry Virtual CFO Code Zone

Egypt

Egypt's fintech sector surged fivefold in five years, Entlaq report reveals

Egypt’s fintech sector has expanded 5.5 times in the past five years, driven by digital payments, lending, and B2B marketplaces,...

Entlaq Fintech

U.A.E

Flow48 secures $69 million Series A in a blend of debt, equity

UAE-based fintech Flow48 has closed a $69 million Series A funding round in a mix of debt and equity. The round is led by Breega and...

Flow48 Endeavor Catalyst 212

Egypt

Egypt's Basata acquires additional stake in Madfoatcom

Egypt-based fintech Basata has increased its stake in Jordan’s MadfoatCom to 25%. This acquisition will further strengthen...

Basata MadfoatCom

U.A.E

omnispay Secures $1.5 million seed led by Mercatus Capital

omnispay, a UAE-based fintech, has raised $1.5 million in a seed funding round led by Mercatus Capital Pte. Ltd., with participation...

omnispay Fintech Mercatus Capital

U.A.E

Blum raises $5 million in dual rounds, led by Gumi Cryptos Capital

UAE-based fintech Blum raised $5 million in a pre-seed and seed round. The round was led by gumi Cryptos Capital, Spartan, No...

Blum gumi Cryptos Capital

Saudi Arabia

Saudi fintech RasMal closes $4.8 million pre-Series A

Saudi Arabia-based fintech RasMal has closed a $4.8 million pre-Series A investment round led by Syndicate Element Holding Group...

RasMal Fintech Syndicate Element Holding Group

Saudi Arabia

Tabby closes $160 million Series E, eyeing IPO

Saudi Arabia-based fintech Tabby has raised $160 million in a Series E financing round at a $3.3 billion valuation. The round was led...

Tabby Fintech BNPL

U.A.E

UAE's fintech Yuze expands to India

Press release: Yuze, a UAE-based fully digital business banking platform, is set to expand its operations to India in the second...

Yuze Fintech

Egypt

Khazna lands $16 million pre-Series B to boost Saudi expansion

Egypt-based fintech Khazna has closed a $16 million pre-Series B funding round. The round saw participation from new and...

Khazna SANAD Fund Fintech

Saudi Arabia

Saudi Arabia’s Forus bags $60 million debt from Fasanara

Saudi Arabia-based P2P lending platform for SMEs Forus has secured $60 million in a credit facility from Fasanara...

Forus Fasanara Capital Fintech

Tunisia

Tunisian fintech EasyBank secures $370,000 investment

Tunisia-based fintech EasyBank has secured an investment of $370,000 from undisclosed investors. Founded in 2023 by...

EasyBank Fintech

U.A.E

Myne closes $2 million pre-seed led by Scene Holding

UAE-based fintech Myne has raised a $2 million pre-seed funding round, led by Scene Holding, followed by Raz Holding with participation...

Myne Scene Holding Plus VC

Saudi Arabia

Lendo secures $690 million facility from J.P. Morgan

Saudi Arabia-based fintech Lendo has secured a $690 million warehouse facility led by J.P. Morgan. Founded in 2019 by Osama...

Lendo J.P. Morgan Fintech

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