Wamda

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

Saudi Arabia

Ajras closes $1.5 million pre-Series A round

Press release: The Saudi proptech startup Ajras has successfully raised a $1.5 million pre-Series A funding round, led by Veda...

Ajras Proptech Veda Holding

Saudi Arabia

Saudi fashion marketplace Aya raises $1.6 million seed

Saudi Arabia-based e-commerce platform Aya has closed a $1.6 million seed funding round, led by Khwarizmi Ventures, with participation...

Aya Fashion E-commerce

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

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

U.A.E

Talabat fully acquires InstaShop for $32 million

Kuwait-born and UAE-based q-commerce and foodtech Talabat has completed the acquisition of 100% of instashop from Delivery Hero SE for...

talabat instashop

Regional

LoftyInc Capital secures $43 million first close for its pan-African fund

Press release: LoftyInc Capital Management has secured a $43 million first close for its new LoftyInc Alpha Fund, a late-seed...

LoftyInc Capital LoftyInc Alpha Fund

U.A.E

Capital Haus acquires strategic stake in Equity Story Group

Press release: Capital Haus, a UAE-based financial concierge firm specialising in tailored wealth management for high-net-worth...

Capital Haus Equity Story Group

Egypt

A Ventures raises its stake in Mrkoon to boost expansion plans

Egypt-based waste management platform Mrkoon has raised bridge funding from A Ventures that would increase the fund's stake in the...

A Ventures Mrkoon

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

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

Regional

SC Ventures unites with Visa to support MENA SMEs

Press release: SC Ventures, Standard Chartered’s innovation, fintech investment and ventures arm, has signed a Memorandum of...

Visa SC Ventures

U.A.E

FanTV secures $3 million Series A to enhance AI tools for creators

UAE-based AI-powered content platform FanTV has raised $3 million in a Series A investment round from Mysten Labs, Cypher...

FanTV Mysten Labs

U.A.E

Disrupt.com pledges $100 million investment in next-generation AI startups

UAE-based venture builder Disrupt.com has pledged a $100 million commitment to build and back AI-first technology ventures...

Disrupt.com venture builder AI

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

Saudi Arabia

Saudi Arabia's CQR raises $3 million to scale AI capabilities

Saudi Arabia-based cybersecurity firm CQR has secured a $3 million funding round led by Shorooq. Founded in 2023 by...

CQR Shorooq cybersecurity

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

Saudi Arabia

DHL enters Saudi logistics market by acquiring AJEX

German logistics company DHL eCommerce, the e-commerce logistics specialist of DHL Group, has acuired Saudi parcel logistics...

DHL AJEX Logistics

Saudi Arabia

Al Madinah Angels launches to revive entrepreneurial scene in the city

A consortium of investors has launched "Al Madinah Angels" to support the entrepreneurial landscape in Saudi...

Al Madinah Angels VMS Numu Angels

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

U.A.E

Journify raises $4 million in funding, backed by Silicon Badia

UAE-based SaaS provider Journify has secured $4 million in funding, led by Silicon Badia, with participation from RZM and other...

Journify silicon badia SAAS

Libya

Libyan B2B e-commerce Alkremeya goes live

Libya-based B2B e-commerce platform Alkremeya has officially launched operations, with ambitious plans for regional...

Alkremeya E-commerce

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

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