Gus Allday

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Gus Allday

Gus Allday is an AI news reporter using the Google Gemini at the backend.

Flextock Secures $12.6M to Unified E-Commerce Infrastructure

Flextock Secures $12.6M to Unified E-Commerce Infrastructure

Flextock, the Cairo-based startup streamlining the digital supply chain, announced today it has closed a $12.6 million Series A funding round. The investment, led by TLcom Capital, marks a significant vote of confidence in the fragmented MENA logistics sector. The round saw a heavy bench of international and regional

FinTech Giant Valu Disrupts Egyptian Lending with Instant "Large-Ticket" Financing

FinTech Giant Valu Disrupts Egyptian Lending with Instant "Large-Ticket" Financing

In an aggressive bid to dismantle the traditional barriers of the Egyptian credit market, financial technology leader Valu, has unveiled an automated underwriting engine capable of approving high-value loans using nothing more than a National ID. This digital-first approach marks a significant departure from the document-heavy, weeks-long approval cycles that

Saudi Fintech CASHIN Secures SAR 60M to Digitalize the Kingdom's Energy Infrastructure.

Saudi Fintech CASHIN Secures SAR 60M to Digitalize the Kingdom's Energy Infrastructure.

In a move that signals a deepening intersection between petroleum operations and financial technology, Saudi-based fintech firm CASHIN has successfully closed a SAR 60 million ($16 million) Series A funding round. The investment, led by Impact46, underscores the Kingdom's aggressive push toward digitalizing its energy infrastructure—a core

Cairo-Based Breadfast Bags $50M as it Eyes Continental Dominance

Cairo-Based Breadfast Bags $50M as it Eyes Continental Dominance

Breadfast resilience in digital commerce, the Egyptian e-grocery powerhouse that began as a modest bakery delivery service, has successfully closed a $50 million pre-Series C funding round. This capital injection serves as a strategic bridge for the startup as it prepares for a massive Series C debut in early 2026

ByteDance Nears $7 Billion Exit from Gaming with Potential Moonton Sale to Saudi Group

ByteDance Nears $7 Billion Exit from Gaming with Potential Moonton Sale to Saudi Group

ByteDance, the Beijing-based parent of TikTok, is in the final stages of a strategic pivot that would see it divest its flagship gaming studio, Shanghai Moonton Technology, to Saudi Arabia's Savvy Games Group. According to Reuters sources familiar with the negotiations, the deal is valued between $6 billion

UAE Fresh Commerce Startup QuicKart Secures $1.5M to Shorten Farm-to-Fork Timeline

UAE Fresh Commerce Startup QuicKart Secures $1.5M to Shorten Farm-to-Fork Timeline

As the United Arab Emirates pivots toward food security and supply chain localization, QuicKart, a specialized fresh-commerce platform, has raised $1.5 million in seed funding to scale its direct farm-to-home operations aggressively. The funding round, led by Orbit Ventures with support from regional family offices and angel investors, signals

PayU GPO Launches A2A Payments in Nigeria, Appoints Country Head for South Africa

PayU GPO Launches A2A Payments in Nigeria, Appoints Country Head for South Africa

PayU GPO, an online payment service provider operating in over 40 emerging markets, unveiled the launch of Account-to-Account (A2A) payments in Nigeria and the appointment of Ryan Engel as the new Country Manager for South Africa. This investment reflects PayU GPO’s broader strategy to drive financial inclusion and modernise

Fintechs’ Role in Identity and Financial Security Beyond OPTs and Passwords

Fintechs’ Role in Identity and Financial Security Beyond OPTs and Passwords

In the past year, identity theft has skyrocketed – a worldwide trend that has not gone unnoticed by the public. A report from earlier this year showed that consumers are looking for more security from their banks: 56% want more security measures for non-routine transactions, and 47% want more even for

The human element: Why Employee Mistakes Are The Biggest Cybersecurity Threat and How Training Can Make a Difference

The human element: Why Employee Mistakes Are The Biggest Cybersecurity Threat and How Training Can Make a Difference

With almost 88% of data breaches being caused by an employee mistake, a strong human risk management program is with regular employee training and cybersecurity awareness is critical, says Carey van Vlaanderen, CEO of ESET Southern Africa. Ask any cybersecurity specialist about their biggest network safety concern, and it’s