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A collection of 490 posts

Dubai Fintech Startup Mamo Raises $3.4M Fresh Round to Scale and Expand in the Region

Dubai Fintech Startup Mamo Raises $3.4M Fresh Round to Scale and Expand in the Region

Egypt’s Fintech Giant, MNT-Halan, Secures $157.5M for Regional Expansion

Egypt’s Fintech Giant, MNT-Halan, Secures $157.5M for Regional Expansion

Saudi's Logistics Startup OTO Raises $8M in a Series A Round to Expand, Strengthen its Presence in the Region

Saudi's Logistics Startup OTO Raises $8M in a Series A Round to Expand, Strengthen its Presence in the Region

Egypt’s Fintech Dopay Closes $13.5M Series A Extension Round

Egypt’s Fintech Dopay Closes $13.5M Series A Extension Round

Dopay, an Egypt-headquartered fintech startup that provides a digital payroll and payments platform serving unbanked and underbanked workers in emerging markets, has announced the closing of a $13.5 million Series A extension round.

d.light Secures $176M in Securitization Facility to Roll Out Affordable Off-Grid Solar Products in East Africa

d.light Secures $176M in Securitization Facility to Roll Out Affordable Off-Grid Solar Products in East Africa

Oman's Climate Tech Startup 44.01 Secures $37M in Series A Funding

Oman's Climate Tech Startup 44.01 Secures $37M in Series A Funding

44.01, an Oman-based climate tech startup, has raised $37 million in a Series A funding round co-led by Equinor Ventures and Shorooq Partners. The funding round also saw participation from Air Liquide Venture Capital (ALIAD), Alumni Ventures, Amazon’s Climate Pledge Fund, Climate Investment, Innovation Development Oman, Planet A

Nigerian Court Set October for Binance Tax Evasion Trial

Nigerian Court Set October for Binance Tax Evasion Trial

A Federal High Court in Nigeria has set October 11, 2024, as the commencement date for the trial against the cryptocurrency exchange giant Binance.

UAE’s Agri-focused Fintech Maalexi Secures $1M Investment from Stride Ventures

UAE’s Agri-focused Fintech Maalexi Secures $1M Investment from Stride Ventures

Maalexi, a UAE-based fintech startup specializing in agriculture, has successfully raised $1 million in venture debt from Stride Ventures, an Indian venture debt firm. This investment marks a significant milestone for Stride Ventures' international strategy and highlights its broader commitment to the GCC region. The new funding will accelerate Maalexi’

Egypt’s El Kheta Secures $400k in Funding to expand online education opportunities in Egypt

Egypt’s El Kheta Secures $400k in Funding to expand online education opportunities in Egypt

Egypt-based edtech startup, El Kheta has secured $400k in funding from EdVentures, a strong supporter of Edutech startups in the MENA region. Founded in 2019, El Kheta provides a platform with tailored curricula for students, and the opportunity to create a personalized study plan that fits their schedule. EdVenutures, launched

Saudi Edtech Jeel Secures Seven-Figure Seed Funding to Revolutionize Edutainment for Arab Youth

Saudi Edtech Jeel Secures Seven-Figure Seed Funding to Revolutionize Edutainment for Arab Youth

Jeelin , a trailblazer purposeful edutainment digital content for children, adolescents, parents, and educators in the MENA region, has announced the successful close of a seven-figure dollar seed funding round from Razm Investments alongside a consortium of angel investors. The startup will leverage this investment to boost its presence in the

Meet Warwick Sneider, Helping South African Financial Brands Achieve Regulatory Compliance

Meet Warwick Sneider, Helping South African Financial Brands Achieve Regulatory Compliance

Saudi Ad Tech Startup Sweply Raises $2M in Seed Round to Accelerate Growth and Innovation

Saudi Ad Tech Startup Sweply Raises $2M in Seed Round to Accelerate Growth and Innovation

Sweply, a burgeoning ad tech startup based in Saudi Arabia, has successfully secured $2 million (7.5 million SAR) in a seed funding round with significant participation from Sanabil 500 Global and Salla. This investment marks a pivotal moment for Sweply as it aims to revolutionize digital advertising in the

Egypt's Connect Money Secures $8M Seed Funding to Roll Out a One-Stop-Shop Embedded Finance Platform

Egypt's Connect Money Secures $8M Seed Funding to Roll Out a One-Stop-Shop Embedded Finance Platform

Connect Money, an Egyptian-based banking-as-a-service (BaaS) platform focusing on embedded finance services, has secured $8 million in seed funding co-led by Egypt-based VCs DisrupTech Ventures, Algebra Ventures, and Lorax Capital Partners, with participation from One Stop Capital and MDP. Founded early this year by Ayman Essawy, Wadi Jalil, and Abdelaziz

Flutterwave Refocuses on Core Business, Restructures Workforce

Flutterwave Refocuses on Core Business, Restructures Workforce

South Africa Signs Law to Smoothen Ride-Hailing Services Operation in the Country

South Africa Signs Law to Smoothen Ride-Hailing Services Operation in the Country

Dubai-based Fintech NOW Money Closes $4M New Investment to Expand, Scale its Offering

Dubai-based Fintech NOW Money Closes $4M New Investment to Expand, Scale its Offering

Dream VC Welcomes 88 Fellows into its 2024 Cohort

Dream VC Welcomes 88 Fellows into its 2024 Cohort

Global Brain Announces Undisclosed Investment in Egypt’s Fintech Rise

Global Brain Announces Undisclosed Investment in Egypt’s Fintech Rise

Transforming Digital Payments: Mastercard Partners with Wowzi and MDP to Empower African Influencers

Transforming Digital Payments: Mastercard Partners with Wowzi and MDP to Empower African Influencers

Selcom Tanzania Acquires Access Microfinance Bank, Launching Digital Bank in the Country

Selcom Tanzania Acquires Access Microfinance Bank, Launching Digital Bank in the Country

UAE’s qeen.ai Raises $2.2M Pre-Seed to Double Down on AI Accessibility to Ecommerce Platforms

UAE’s qeen.ai Raises $2.2M Pre-Seed to Double Down on AI Accessibility to Ecommerce Platforms

Egypt’s InsurTech Startup Mal Bazaar Receives Brokerage Insurance License, Launches “My Policy”

Egypt’s InsurTech Startup Mal Bazaar Receives Brokerage Insurance License, Launches “My Policy”

Six African Startups Selected for Google’s 2024 AI for Health Growth Academy

Six African Startups Selected for Google’s 2024 AI for Health Growth Academy

Saudi's Fintech Startup SiFi Secures $10M Seed to Enhance its Services

Saudi's Fintech Startup SiFi Secures $10M Seed to Enhance its Services

Gro Intelligence To Shut Down Amid Financial Struggles and Legal Issues

Gro Intelligence To Shut Down Amid Financial Struggles and Legal Issues