Egyptian Entrepreneurs Unveil $42 Million NextEra to Revolutionize the Education Sector
A coalition of EYouth and prominent Egyptian businessmen, including Mohamed Farouk, Ahmed Tarek, Mustafa Abd Ellatif, and Mokhtar Ahmed, has…
Tag: Fintech
Lean Days of Funding for Startups in the Middle East and North Africa
Does the secret to life, lie in falling seven times and getting up eight, as the novelist Paulo Coelho said?…
Flat6Labs marks the graduation of the sixth cohort from the Amman Seed Program
Flat6Labs, a venture capital firm based in the MENA region, recently held a Demo Day to conclude the sixth cycle…
FlapKap raises $34 million in pre-Series A funding through a combination of debt and equity
UAE-based fintech company FlapKap has secured $34 million in a pre-Series A funding round, combining both debt and equity financing.…
UAE fintech Ziina secures $22 million in Series A funding round
Ziina, a UAE-Based Fintech, Secures $22 Million in Series A Funding to Expand Financial Services Ziina, a fintech startup based…
Fintech Startup MNZL is Enhancing Loan Accessibility for Egyptians
An Egyptian startup, MNZL, is working to make lending accessible to millions of Egyptians who currently lack access to essential…
KBW Ventures makes its entry into Egypt with an investment in NoorNation.
KBW Ventures, led by Saudi Prince Khaled bin Alwaleed, has made its first foray into Egypt’s startup scene by investing…
Pakistan’s PostEx secures $7.3 Million in Pre-Series A funding to expand into the GCC
Pakistan-based fintech PostEx has successfully raised $7.3 million in a pre-Series A funding round, led by Conjunction Capital. The round…
Kuwait’s P2P Payments Firm Kem Receives $3 Million Investment
Kem, a fintech startup based in Kuwait, has received a $3 million investment from Tether, a top player in the…
Egyptian Fintech Lucky ONE Secures $3 Million Funding
Lucky ONE, a consumer credit fintech based in Cairo, has raised $3 million in a convertible note. This funding round…
MNT-Halan Expands into Turkey with Acquisition of Tam Finans
Egyptian fintech MNT-Halan has confirmed its purchase of Tam Finans, a major player in Turkey’s commercial finance sector. The acquisition,…
UAE Fintech Mamo Raises $3.4 Million
Mamo, a fintech startup based in the UAE, has successfully secured $3.4 million in its latest funding round. The fintech…
Banknbox and CSC Jordan Partner to Advance Financial Inclusion
The Cairo-based fintech firm Banknbox has entered into a strategic partnership with CSC Jordan, a prominent electronic payments provider. This…
Raya FutureTECH concludes its initial accelerator initiative
The innovation division of Raya Holding, Raya FutureTECH, wrapped up its inaugural accelerator program with a motivating Demo Day at…
Stride Ventures Invests $1 Million in Maalexi
The UAE-based fintech company Maalexi, which focuses on agriculture, has raised $1 million from Stride Ventures for venture debt. Maalexi,…
CoinDCX Expands into MENA with Acquisition of BitOasis
India’s leading cryptocurrency exchange, CoinDCX, has taken a significant step in its global expansion by acquiring BitOasis, a major virtual…