Wamda

Saudi Arabia

Tamara raises $340 million Series C round at over $1 billion valuation

Saudi Arabia-based buy now pay later (BNPL) startup, Tamara, has raised a $340 million Series C round at a valuation of over $1...

Tamara

U.A.E

UAE’s Fundbot raises $1.5 million Seed

UAE-based fintech Fundbot, has raised a $1.5 million Seed round led by Hambro Perks Oryx Fund, with further support from Aditum...

Fundbot Fintech B2B lending

U.A.E

The evolution of Wally, from expenses tracking to personal finance AI

Resilience is often highlighted as an important skill for entrepreneurs to have and few have shown as much resilience as Saeid Hejazi and...

wally Fintech ChatGPT

Saudi Arabia

Lendo raises $28 million Series B led by Sanabil Investments

Lendo, a Saudi Arabia-based shariah-compliant debt crowdfunding marketplace, has raised SAR 105 million ($28 million) in Series B...

Lendo Shariah-compliant

U.A.E

Flow48 secures $25 million in pre-Series A funding

UAE-based fintech Flow48 has raised $25 million in pre-Series A funding, comprising a mix of equity and debt from several investors,...

Flow48 Endeavor Catalyst Fintech

U.A.E

Mafhoom secures $1.36 million pre-Seed

UAE-based fintech Mafhoom Technologies has raised a $1.36 million pre-Seed funding round, led by Al-Wafra Al-Thanya for...

Mafhoom Fintech Al-Wafra Al-Thanya for Investments

Saudi Arabia

Tamara secures additional debt financing of $250 million

Saudi Arabia-based fintech Tamara has secured an additional $250 million in debt financing, bringing its total warehouse facility to up...

Tamara BNPL Fintech

Saudi Arabia

Saudi fintech LYNK raises new round of investment

Saudi Arabia-based fintech LYNK has raised an investment round from Al Fozan Holding and Ramla Holding Group. The amount raised was not...

LYNK Fintech Al Fozan Holding

Saudi Arabia

Tabby closes $200 million Series D at $1.5 billion valuation

Saudi Arabia-based fintech Tabby has raised $200 million in Series D equity financing at a valuation of $1.5 billion, prior to a planned...

Tabby BNPL Fintech

Regional

Lending in the era of open banking

Abdulla Almoayed is the founder and CEO of Tarabut Optimism about improving the ease and speed of approving retail lending abounds...

Open banking lending

Tunisia

Tunisian fintech My Easy Transfer raises $423,000 investment

Tunisia-based fintech My Easy Transfer has raised a $423,000 investment from 216 Capital. Founded in 2022 by Ismaïl Khenissi and...

My Easy Transefer 216 Capital Fintech

Egypt

Egyptian startup ecosystem faces litmus test following debit and credit card use restrictions

The Egyptian startup ecosystem is facing yet more difficulty after local banks suspended the use of debit cards outside Egypt and limited...

currency devaluation

Saudi Arabia

Saudi fintech Takadao raises $1.6 million pre-Seed led by Draper Associates

Saudi Arabia-based fintech Takadao has raised a $1.6 million pre-Seed round, led by Silicon Valley-based investor Tim Draper, along with...

Takadao Draper Associates Fintech

U.A.E

UAE’s Zest Equity raises $3.8 million Seed led by MEVP

UAE-based fintech Zest Equity has raised $3.8 million in Seed funding, led by Middle East Venture Partners (MEVP) with participation...

Zest Equity MEVP Fintech

Jordan

Capifly raises $1 million pre-Seed round

Jordan-based fintech Capifly has raised a $1 million pre-Seed funding round from investors including Oasis500, BLDR Ventures, Joa...

Capifly Fintech

Egypt

MoneyHash secures new investment from GitHub’s founder

US-headquartered Egyptian fintech MoneyHash, has secured new funding from Tom Preston-Werner, co-founder of GitHub, as part of an...

MoneyHash GitHub

U.A.E

BILRS raises pre-Seed investment from Haatch

UAE-based fintech BILRS has raised a pre-Seed investment from Haatch for an unknown amount. Founded in 2022 by Rupert Shaw, BILRS...

BILRS Haatch Fintech

Global

Transforming access to finance in agriculture

Simon Sharp and Said Murad are partners at Global Ventures In the Middle East and Africa (MEA), agriculture is a social and economic...

Tarfin Fintech agritech

Global

The illusion of inclusion: the landscape of digital banking in Africa

Khadija Ba is an MIT Legatum Fellow Africa’s financial landscape is undergoing a seismic shift driven by the rapid ascent of...

africa Digital banking

Regional

The startup bundling SaaS solutions through buy now pay later

UAE-based entrepreneur Amal Abdullahev wanted to build a startup to match businesses with social media influencers, but the biggest...

SAAS BNPL

U.A.E

Archie to aid fintech startups through new regional accelerator

Archie, a new fintech accelerator in Dubai has officially launched to help fintech startups scale across Europe and Australia. The...

Archie Fintech accelerator

Saudi Arabia

SVC invests $5 million in VentureSouq’s fintech fund

UAE-based VentureSouq has raised $5 million from Saudi Venture Capital (SVC). The investment will go towards VentureSouq’s...

VentureSouq SVC Fintech

U.A.E

myZoi raises$14 million, obtains regulatory licences

UAE-based fintech myZoi has raised $14 million from SC Ventures and SBI Holdings. Founded in 2022 by Christian Buchholz and Syed...

myZoi SC Ventures Fintech

Kuwait

Kuwaiti fintech Kem raises $1 million pre-Seed round

Kuwait-based fintech Kem has raised a $1 million pre-Seed round from a group of investors led by Maqamees Holdings. Founded in 2021 by...

Kem Fintech p2p

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