Wamda

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

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

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

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

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

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

Saudi Arabia

Ebana closes $2.66 million in a pre-Series A

Saudi Arabia-based fintech Ebana has secured $2.66 million in a pre-Series A funding round, led by Esnad Legal Consulting and Business...

Ebana Fintech

U.A.E

Maalexi secures $3 million debt facility from Citi

UAE-based Maalexi agriculture-focused fintech Maalexi has secured a $3 million debt finance facility from Citi. Founded in 2021 by...

Maalexi Citi Fintech

U.A.E

Pluto closes $4.1 million pre-Series A to drive KSA expansion

UAE-based fintech Pluto has raised a pre-Series A funding round at $4.1 million. The round is led by existing and new investors,...

Pluto Fintech Rhino Ventures

Egypt

MoneyHash closes $5.2 million pre-Series A for MEA expansion plans

US-based Egyptian fintech MoneyHash has secured $5.2 million in pre-Series A funding. The round is led by Flourish Ventures, along...

MoneyHash Fintech Flourish Ventures

Egypt

Egypt’s Raseedi acquires Kashat to broaden financial offerings

Egypt-based fintech Raseedi has acquired Kashat, which in its role owns Pharos Microfinance S.A.E., a subsidiary of Kashat, in an equity...

Kashat Raseedi Fintech

U.A.E

Bank Alfalah invests in UAE fintech Jingle Pay for 9.9% stake

UAE-based remittances fintech Jingle Pay has raised funding from Bank Alfalah, a Pakistan-based bank, for a 9.9% stake. Founded...

Jingle Pay Bank Alfalah Fintech

U.A.E

CredibleX secures $55 million Seed in both equity, debt

UAE-based fintech CredibleX has raised $55 million Seed funding, comprising both equity and debt. This financial backing comes...

CredibleX Further Ventures Fintech

Thought Leadership

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

Thank you