Wamda

Saudi Arabia

EdfaPay closes $5 million pre-Series A to fuel MENAP expansion

Saudi Arabia-based fintech EdfaPay has secured a $5 million pre-Series A funding round led by OmanTel Innovation Labs, with...

EdfaPay Omantel Innovation Labs Fintech

Saudi Arabia

Lean closes Series B at $67.5 million, bringing total funding to $100 million

Saudi Arabia-based fintech Lean Technologies has secured $67.5 million in Series B funding round, led by General Catalyst, with...

Lean Technologies General Catalyst Fintech

Saudi Arabia

HALA Payments joins Saudi Unicorns Programme

Saudi Arabia-based fintech HALA Payments has been selected to join the Saudi Unicorns Programme. Through the Saudi Unicorns...

HALA Payments Fintech Saudi Unicorns Programme

Saudi Arabia

Saudi B2B fintech Mala secures $7 million pre-Seed

Saudi Arabia-based fintech Mala has closed a $7 million pre-Seed funding round, led by VentureSouq and Shorooq Partners, as well as M...

Mala Fintech Venture Souq

Oman

Omani BNPL fintech QPay closes Seed round

Oman-based fintech QPay has closed a Seed round at an undisclosed value, led by Cyfr Capital. Founded in 2022 by Khalid...

Qpay Fintech BNPL

U.A.E

UAE’s OCTA raises $2.25 million pre-Seed

UAE-based fintech OCTA has closed a $2.25 million pre-Seed round. The round is co-led by Quona Capital and Sadu Capital, with...

Octa Fintech Sadu Capital

Kuwait

Kuwait’s Krti closes $1.5 million pre-Seed

Kuwait-based fintech Krti has closed a pre-Seed round of $1.5 million from Core Vision Investment under the Financial Academy Financial...

Krti Fintech Core Vision

Egypt

Egypt’s SETTLE secures $2 million pre-Seed

Egypt-based fintech SETTLE has raised a $2 million pre-Seed round, led by Shorooq Partners, with support from El Sewedy Capital Holding,...

SETTLE Fintech Shorooq Partners

Egypt

Paymob secures an extra $22 million for Series B round

Egypt-based fintech Paymob has raised a $22 million Series B extension round, bringing the company’s total Series B funding to $72...

Paymob Fintech EBRD Venture Capital

U.A.E

FlapKap secures $34 million pre-Series A in a mix of debt and equity

UAE-based fintech FlapKap has raised $34 million in a pre-Series A funding round that included both debt and equity financing. The...

FlapKap Fintech BECO Capital

U.A.E

Tarabut acquires UK payments platform Vyne

UAE-based open banking platform Tarabut has acquired the London-based fintech Vyne. This acquisition bolsters Tarabut’s ability...

Tarabut Fintech Vyne

Saudi Arabia

Saudi fintech Malaa secures $17.3 million Series A

Saudi Arabia-based fintech Malaa has closed a Series A funding round at $17.3 million, led by SNB Capital, with participation from...

Malaa Fintech SNB Capital

U.A.E

Ziina pockets $22 million in Series A round

UAE-based fintech Ziina has raised $22 million in a Series A funding round, led by US-based Altos Ventures, along with other investors...

Ziina Fintech Altos Ventures

Saudi Arabia

Tabby to acquire Saudi fintech Tweeq

Saudi Arabia-based fintech Tabby has announced finalising an acquisition deal of Tweeq, a Saudi-based digital wallet licensed by the...

Tabby Tweeq Fintech

U.A.E

Yuze secures $30 million investment to fuel regional expansion

UAE-based fintech Yuze has raised $30 million in investment led by Osten Investments. Founded in 2022 by Rabih Sfeir, Yuze...

Yuze Fintech Osten Investments

Kuwait

Kuwait’s Kem secures $3 million investment from Tether

Kuwait-based fintech Kem has raised a $3 million investment from Tether, bringing the total investment Kem raised to date to $4.5...

Kem Fintech Tether

Egypt

Egyptian fintech Lucky ONE raises $3 million in convertible note

Egypt-based fintech Lucky ONE has raised $3 million in a convertible note from Lorax Capital Partners, KEM, DisrupTech Ventures and...

Lucky ONE Fintech Lorax Capital Partners

Egypt

Egypt’s Qardy secures seven-digit pre-Seed

Egypt-based fintech Qardy has raised a USD seven-figure pre-Seed round, invested by White Field Ventures, Vastly Valuable Ventures,...

Qardy Fintech White Field Ventures

U.A.E

UAE’s fintech Mamo lands $3.4 million investment

UAE-based fintech Mamo has raised a $3.4 million funding round, provided by existing investor 4DX Ventures and the Dubai Future District...

Mamo 4DX Ventures Fintech

Egypt

Egypt's Banknbox join forces with CSC Jordan to drive financial inclusion

Egypt-based fintech Banknbox has partnered with CSC Jordan to drive financial inclusion and offer joint advanced services to customers...

Banknbox CSC Jordan Fintech

Egypt

Egypt’s MNT-Halan raises $157.5 million to propel expansion plans

Egypt’s MNT-Halan has raised $157.5 million in funding, featuring contributions of $40 million from the International Finance...

MNT-Halan Fintech

Egypt

Egypt’s Dopay secures $13.5 million Series A extension round

Egypt-headquartered fintech Dopay has closed a $13.5 million Series A extension round, topping up a previous $18 million Series A round...

Dopay Fintech Argentem Creek Partners

U.A.E

Maalexi raises $1 million investment from Stride Ventures

UAE-based Maalexi agriculture-focused fintech Maalexi has raised a $1 million venture debt from Stride Ventures. Founded in 2021...

Maalexi Stride Ventures Fintech

Egypt

Connect Money raises $8 million Seed round

Egypt-based fintech Connect Money has closed its Seed funding round of $8 million led by Disruptech Ventures and Algebra...

Connect Money Fintech Algebra Ventures

Thought Leadership

All the information you need to navigate Mena's startup ecosystem

Thank you