Wamda

U.A.E

UAE's digital bank Zand receives fresh funding

UAE-based digital bank Zand has received funding from Franklin Templeton, Aditya Birla Group, Al Hail Holding, Al Sayyah & Sons...

Egypt

Egypt ratifies its Fintech Act

Egypt has ratified its Fintech Act, which regulates the work of fintech companies in Egypt. As per the new regulations, the...

Egypt Fintech

Egypt

Wasla raises $9 million from Contact Financial Holding

Egypt-based e-commerce platform Wasla has raised $9 million from Contact Financial Holding, formerly Sarwa Capital. Founded in...

E-commerce wasla

Egypt

MoneyHash raises $3 million pre-Seed funding

US-based Egyptian fintech MoneyHash has raised $3 million in pre-Seed funding, led by UAE venture capital firm COTU Ventures, with...

MoneyHash COTU Ventures VentureSouq

Saudi Arabia

TruKKer raises $96 million in Series B

Saudi Arabia-based digital freight network TruKKer, has raised $96 million in a mix of equity and debt for its Series B...

Trukker

Bahrain

Dallaspresso raises $212,000

Bahrain-based direct-to-consumer coffee and tea brand Dallaspresso, has raised $212,000 from Hope Ventures, the investment arm of Hope...

U.A.E

YallaMarket raises $2.2 million bridge round

UAE-based quick-commerce startup YallaMarket has raised $2.2 million in a bridge round from Doha Tech Angels, Flyer One Ventures and...

YallaMarket q-commerce dark stores

Saudi Arabia

Saudi logistics startup RedBox raises $3 million

Saudi Arabia-based logistics startup RedBox has raised SAR 11.5 million ($3 million) in a Seed round led by Vision Ventures with...

Logistics Last mile RedBox

Egypt

Egyptian proptech Nawy raises $5 million Seed round

Cairo-based proptech Nawy has closed a $5 million Seed funding round, led by the Sawiris family office. Founded in 2016 by Mohamed...

Nawy Proptech

Regional

UAE ranked world’s most supportive entrepreneurship environment: GEM Report

The UAE was ranked top in the world in the 2021/2022 Global Entrepreneurship Mentorship (GEM) report in terms of countries that allow for...

GEM

U.A.E

Micropolis Robotics raises $4 million Seed round

UAE-based Micropolis Robotics has raised a $4 million Seed round led by US-based Mindrock Capital. Founded in 2014 by Egor...

Micropolis Robotics Mindrock Capital

U.A.E

UAE fintech Pyypl raises $11 million Series A

UAE-based fintech Pyypl has raised $11 million in a Series A round from a group of international family offices and angel...

Pyypl Series A

U.A.E

UAE’s Hubpay raises $20 million Series A fundraising

UAE-based fintech Hubpay has raised a $20 million Series A fundraising round, led by Signal Peak Ventures, joined by Olive Tree Capital...

hubpay Signal Peak Ventures

Egypt

Egypt fintech Thndr raises $20 million in Series A

Egypt-based fintech Thndr has raised $20 million in a Series A round co-led by Tiger Global, BECO Capital and Prosus Ventures with...

Thndr Fintech

U.A.E

Social media app ASKWHO raises $1 million Seed funding

UAE-based social media app ASKWHO, has raised a $1 million in a Seed round from several angel investors. Founded in 2019 and...

Social Media ASKWHO

U.A.E

Zywa closes $1 million pre-Seed round backed by Y Combinator

UAE-based fintech Zywa has closed a $1 million pre-Seed round for its teen neobank, backed by Y Combinator alongside other investors...

Zywa Y Combinator

Egypt

Funeral services platform SOKNA raises $1 million Seed round

Egypt-based funeral services startup SOKNA has closed a $1 million Seed round with participation from Mentors Fund, SBX Capital, ACE...

Funeral Services Sokna

Jordan

ISSF invests $120,000 in Mrayti

The Innovative Startups and SMEs Fund (ISSF) has invested $120,000 in Mrayti, a Jordan-based D2C brand that produces...

ISSF

Saudi Arabia

BARQ raises $4 million Seed round

Saudi Arabia-based delivery as a service (DaaS) startup BARQ has raised $4 million in a Seed funding round, led by OTF Jasoor Ventures...

DaaS BARQ q-commerce

Saudi Arabia

Tamawal raises $1.1 million pre-Seed round for its digital brokerage platform

Saudi-based fintech Tamawal has raised $1.1 million in a pre-Seed round led by MRK, with participation from 500...

Fintech

U.A.E

UAE’s Postpay partners with CBD for debt financing

UAE-based fintech Postpay has a signed a debt financing deal with the Commercial Bank of Dubai (CBD) to enhance its suite of financial...

Postpay CBD BNPL

United States

Video-recruitment platform JobPixel raises undisclosed Seed funding from Nama Ventures

Saudi Arabia-based Nama Ventures has invested an undisclosed amount in US-based human resources platform JobPixel’s Seed round....

JobPixel Nama Ventures HR solutions

Bahrain

Lumofy receives $500,000 investment from Hope Ventures

Bahrain-based edtech Lumofy has raised $500,000 from Hope Ventures, alongside Saudi angel Investors, in addition to JEO Capital...

Lumofy Hope Ventures Beban

U.A.E

UDENZ raises $150.000

UAE-based dental clinic appointment management platform UDENZ has raised $150,000 in a debt round from Global Ventures and angel...

Udenz health tech

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