Wamda

Egypt

A15 invests in Egypt-based fintech Sympl

Egypt-based VC firm A15 has invested in fintech startup Sympl. The amount invested was not disclosed. Founded in October...

Sympl A15 Fintech

Bahrain

Tarabut Gateway raises $12 million pre-Series A led by Tiger Global

UAE-based open banking platform Tarabut Gateway has raised $12 million in a pre-Series A round led by Tiger Global, alongside new...

Fintech Open banking Tarabut Gateway

U.A.E

Fintech Galaxy closes $2 million Seed funding

UAE-based Fintech Galaxy has raised $2 million in a Seed funding round, led by Jordan’s Ahli Fintech and joined by Raz Holding...

Fintech Galaxy Fintech

Bahrain

Bahrain’s Investcorp acquires British fintech MIR Limited

Bahrain-based Investcorp Technology Partners (ITP) has acquired all of the business and assets of UK-based fintech MIR Limited, for an...

Investcorp MIR Limited Fintech

Egypt

Egyptian fintech Kashat raises $1.75 million Bridge round

Egypt-based fintech Kashat has raised $1.75 million in a Bridge funding round, led by Launch Africa, with the participation of several...

Kashat Fintech financial inclusion

Egypt

Egypt’s super app MNT-Halan raises $120 million

Egypt-based super app and Wamda portfolio startup MNT-Halan has raised $120 million from major global and regional growth investors:...

MNT-Halan Fintech

Saudi Arabia

Saudi fintech CashIn secures $1.6 million Seed round

Saudi Arabia-based fintech CashIn has secured $1.6 million in a Seed round led by Investor Mine with the participation from BIM V...

Fintech CashIn BIM Ventures

Regional

Can data regulation be Mena's competitive advantage?

Khaled Lababidi is vice president and general manager of the Middle East, Africa and Turkey, for InCountry – a data...

Fintech Data regulation

Saudi Arabia

Saudi Arabia unveils $1.2 billion tech initiatives

Saudi Arabia's Ministry of Communications and Information technology (MCIT) has launched a series of technology initiatives worth...

Fintech Hack MCIT

Egypt

Arab Bank launches fintech accelerator in Egypt

Arab Bank has launched the AB Accelerator in Egypt, a fintech-focused corporate acceleration programme. The accelerator, which was...

AB Accelerator Fintech

Regional

Fintech is poised for consolidation in the Middle East

Mahmoud Hamouda is a strategy and operations consultant at Dell Technologies. He is also the head of Dell for Entrepreneurs in Egypt. In...

Fintech

U.A.E

Sarwa closes $15 million Series B round led by Mubadala

UAE-based fintech Sarwa has closed a $15 million Series B funding round, led by Mubadala Investment Company with participation from...

Fintech sarwa series B

U.A.E

tabby closes $50 million Series B round

UAE-based buy now pay later (BNPL) startup tabby has raised $50 million in a Series B round, valuing the fintech at $300 million. The...

Buy now pay later Fintech Tabby

U.A.E

Baraka launches app after $4 million Seed round

Dubai-based fintech startup Baraka has launched its app today after raising a $4 million Seed round, from Nuwa Capital, Global...

Baraka Fintech

U.A.E

SimpliFi launches after closing Seed round led by Raed Ventures

UAE-based fintech SimpliFi has emerged from stealth mode to launch its “cards as a service” platform in the Middle East and...

SimpliFi Fintech CaaS

Saudi Arabia

Saudi fintech Forus secures Series A funding

Saudi Arabia-based fintech Forus Capital has secured an undisclosed Series A funding round co-led by Yazeed Alrajhi and Brothers...

Forus Fintech

Egypt

CreditFins raises pre-Seed round for its credit card management platform

Cairo-based fintech startup CreditFins has raised a Pre-Seed funding round led by Flat6Labs, AUC Angels, TA Telecom Holding, and other...

CreditFins Fintech

Qatar

Spendwisor raises $1 million and secures $50 million capital commitment from Global Emerging Markets

Qatar-based fintech startup Spendwisor has raised $1 million in a pre-Seed round led by Erhama Nasser Al-Kaabi and...

Spendwisor Fintech

Saudi Arabia

Saudi Arabia's Finance Ministry grants licenses for STC Bank and Saudi Digital Bank

Saudi Arabia's Finance Ministry has granted licenses for the Kingdom's first digital banks; STC and Saudi Digital Bank - both...

Fintech digital banks

Morocco

Morocco’s fintech Yalla Xash raises $675,000

Morocco-based fintech startup Yalla Xash has raised MAD6 million ($675,000) from Maroc Numeric Fund II. Yalla Xash is a...

Yalla Xash Fintech

U.A.E

Postpay secures $10 million investment from AP Ventures and Afterpay

Dubai-based buy now pay later (BNPL) startup Postpay has secured $10 million in equity investment, led by AP Ventures and...

BNPL Postpay Fintech

U.A.E

UAE’s Cashee raises $1 million pre-Seed

UAE-based fintech startup Cashee raised a $1 million pre-Seed funding round. Founded by Smeetha Ghosh and Brad Whittfield, Cashee...

Cashee EdTech Fintech

Saudi Arabia

Saudi fintech Tweeq closes funding round led by STV, Raed Ventures

Riyadh-based fintech platform Tweeq has raised an undisclosed funding round, co-led by STV and Raed Ventures. Founded in 2020 by...

Fintech Tweeq

Regional

An evolving landscape: The state of open banking regulations in Mena

Abdulla Almoayed is the founder and CEO of open banking platform Tarabut Gateway. Here, he discusses how government regulations are shaping...

Fintech Open banking Regulations

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