Wamda

Egypt

HSBC to back fintech in Egypt with $31 million fund

HSBC Egypt is planning to launch a fund worth EGP 1.5 billion ($31.5 million) to back the fintech sector in the North African...

HSBC Fintech

U.A.E

UAE’s Now Money closes $4 million equity round

UAE-based fintech NOW Money has closed a $4 million equity round. The investment completes the second round of funding for the Company...

now money Fintech

Egypt

Egypt’s Sahl closes dual rounds at $6 million

The Cairo-based fintech Sahl has raised $6 million in Series A and seed funding rounds, led by Ayady for Investment and Development,...

Sahl Fintech

U.A.E

Elevate to increase MENA presence after securing $5 million pre-Series A

Elevate, a London and Dubai-based fintech, has raised $5 million in a pre-series A investment round, according to the company's...

Elevate Fintech

Saudi Arabia

Tumodo joins forces with Tabby to facilitate travel management practices

UAE-based traveltech Tumodo has joined forces with Saudi Arabia’s fintech Tabby to stimulate growth in the UAE travel...

Tumodo Tabby

Saudi Arabia

SiFi closes $10 million Seed led by Sanabil Investments, RAED Ventures

Saudi Arabia-based fintech Simplified Financial Solutions Company (SiFi) has closed a $10 million Seed round. The round was led by...

SiFi Simplified Financial Solutions Company Raed Ventures

Egypt

Thndr expands into the UAE Market after ADGM approval

Egypt-based fintech Thndr has expanded its services to the UAE after acquiring a Category 3A license with retail endorsement from the...

Thndr ADGM

Jordan

Numa partners with Mamun to give freelancers access to finance

Oman-based fintech Mamun has partnered with Jordanian fintech “Numa" with the aim of providing freelancers and creators...

NUMA Mamun

Egypt

Egypt’s e-finance acquires minority stakes in Al Ahly Momken, EasyCash

Egypt-based fintech e-finance for Digital and Financial Investments (e-finance) has acquired a 25% stake in Al Ahly Momken and a 13%...

e-Finance Al Ahly Momken EasyCash

Jordan

Jordan’s liwwa secures $5 million loan from DFC

Jordan-based fintech liwwa has secured a $5 million loan from the United States International Development Finance Corporation...

liwwa DFC

Egypt

Egypt's EFG Hermes acquires minority stake in Danish fintech Kenzi Wealth

Egypt’s investment bank, EFG Hermes, a subsidiary of EFG Holding, has acquired a minority stake in the Danish digital wealth...

Kenzi Wealth EFG Hermes

Saudi Arabia

Riyad Capital launches 1957 Ventures fund to drive Saudi fintech innovation

Riyad Capital, backed by Riyad Bank, has launched the “1957 Ventures" investment fund to drive transformative growth in Saudi...

Riyad Capital 1957 Ventures

Regional

B2B SaaS shapes the future of fintech in MENA

An article by Ghady Rayess, the co-founder and managing director of FOO. Across the Middle East, digital transformation is...

SAAS b2b Fintech

Egypt

Egypt’s MNZL raises $3.5 million Seed led by P1 Ventures

Egypt-based fintech MNZL has raised $3.5 million in a Seed funding round, led by P1 Ventures, Localglobe, and Ingressive Capital....

MNZL P1 Ventures

Egypt

MoneyHash, Visa team up to enhance digital payment experience

US-based Egyptian fintech MoneyHash has partnered with Visa to deliver secure and enhanced digital payment experiences. The new...

MoneyHash Visa

U.A.E

Five trends UAE fintech can leverage to stay competitive

An article by Viktor Kasianov, CEO of UnaFinancial’s digital finance app to be launched in the UAE. With its...

oped Fintech

Egypt

Swypex launches following $4 million Seed round

Egypt-based fintech Swypex has raised a $4 million Seed investment round, led by venture capital fund Accel, with participation from...

Swypex Fintech Accel

Egypt

Egyptian fintech Bokra raises $4.6 million pre-Seed round

Egypt-based fintech Bokra has closed a $4.6 million pre-Seed round led by DisrupTech Ventures, and SS Capital, among other...

Bokra Fintech Disruptech Ventures

Egypt

Waffarha secures seven-figure Seed round from VMS

Egypt-based Fintech Waffarha has raised a seven-figure Seed round by Value Makers Studio (VMS). Founded in 2012 by Tarek Magdy,...

Waffarha VMS

U.A.E

UAE’s Fortis closes $20 million Series A to bolster Mena expansion

UAE-based fintech Fortis has closed a Series A funding round at $20 million from Opportunity Venture. Founded in 2023 by Alberto...

Fortis Opportunity Venture Fintech

Regional

How e-wallets transform the way we Pay

An article by Ahmed Wahdan, the Marketing Lead at Ezra, a leading micro-lending fintech company. Providing the power to pay at the touch...

oped financial inclusion e-wallet

Bahrain

Hambro Perks Spring Studios invests in Bahrain’s Daleel

Bahrain-based financial marketplace Daleel has secured an undisclosed investment round from Hambro Perks Spring Studios. Founded in...

Daleel Hambro Perks Spring Studios

Bahrain

Receiptable secures pre-Seed round from HP Spring Studios

Bahrain-based fintech Receiptable has raised a pre-Seed round for an unknown amount, led by HP Spring Studios, a venture fund that is...

Receiptable HP Spring Studios Fintech

Egypt

MNT-Halan acquires Pakistan's Advans Microfinance Bank

Egypt-based fintech MNT-Halan has acquired Advans Pakistan Microfinance Bank. The terms of the deal remain undisclosed. Founded in...

MNT-Halan

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