Wamda

U.A.E

UAE-based travel marketplace Wego acquires Cleartrip

UAE-based online travel marketplace Wego is set to acquire Cleartrip’s Middle East business in the second half of 2022 for an...

Cleartrip Wego Travel

Saudi Arabia

Saudi fintech EdfaPay raises $1.6 million pre-Seed round

Saudi Arabia-based fintech EdfaPay has raised $1.6 million in a pre-Seed investment round, led by Nuwa capital, InspireUs VC, Wallan...

EdfaPay Nuwa capital Fintech

Saudi Arabia

Dammam Valley launches BioTech Startups Programme

Dammam Valley has launched the BioTech Startups Programme, in partnership with Imam Abdul Rahman bin Faisal University, Saudi...

Dammam Valley BioTech Startups Programme

Morocco

Freterium raises $4 million Seed

Morroco-based digital trucking software startup Freterium, has raised $4 million in a Seed round led Partech, with participation...

Logistics

Jordan

Jordan’s Kader raises $400,000 Seed round

Jordan-based online gig platform Kader has raised $400,000 in a Seed funding round, led by The Innovative Startups and SMEs Fund (ISSF)...

Kader ISSF

Saudi Arabia

Saudi Grintafy raises $2.1 million Bridge round

Saudi Arabia-based e-sports platform Grintafy has raised a $2.1 million Bridge round with participation from Wa’ed, Alrashed Group...

Grintafy Saudi Arabia Sportstech

U.A.E

Qashio raises $2.5 million led by MSA Novo

UAE-based fintech Qashio has raised $2.5 million in pre-Seed funding, led by MSA Novo and supported by Rally Cap Ventures, Palm Drive...

Qashio MSA Novo

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

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

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

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

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

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

Regional

Wamda works with The Financial Times to bring global insights in English and Arabic to Mena’s technology ecosystem

Wamda’s knowledge platform integrates global publisher The Financial Times’s content into its thought leadership strategy...

wamda FT

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

Thought Leadership

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