Jordan

POSRocket raises $5 million

Jordan-based cloud point of sale (POS) platform POSRocket has raised a $5 million funding round, co-led by Finance in...

News • 03 August, 2021

POSrocekt retailers

U.A.E

SimpliFi launches after closing Seed round led by Raed Ventures

UAE-based fintech SimpliFi has emerged from stealth mode to launch its “cards as a service” platform in the Middle East and...

News • 03 August, 2021

SimpliFi Fintech CaaS

Saudi Arabia

Saudi AI startup Intelmatix secures investment from STV and Sultan Holdings

Saudi Arabia-based AI startup Intelmatix has raised an undisclosed investment round, led by STV and Sultan Holdings. Founded...

News • 03 August, 2021

deeptech AI

U.A.E

Baraka launches app after $4 million Seed round

Dubai-based fintech startup Baraka has launched its app today after raising a $4 million Seed round, from Nuwa Capital, Global...

News • 03 August, 2021

Baraka Fintech

Saudi Arabia

Nana raises investment from Faith Capital

Saudi Arabia-based e-grocery platform Nana has received an undisclosed amount of investment from Kuwait-based VC firm Faith...

News • 02 August, 2021

Nana Faith capital

Turkey

FENIX acquires Turkey's PALM after raising fresh funds

UAE-based micromobiltiy operator FENIX has raised additional funds from its existing investor to finance its recent expansion to Turkey...

News • 02 August, 2021

Fenix micromobility

Saudi Arabia

Celebrity content app YELA raises $2.2 million Seed round

Celebrity content platform YELA has raised $2.2 million in a Seed round led by Justin Mateen, Tinder co-founder and general...

News • 02 August, 2021

Yela Celebrity app

U.A.E

Opontia acquires medical equipment e-commerce brand Novimed

E-commerce enabler Opontia has acquired UAE-based direct-to-consumer (D2C) medical equipment and therapeutic products,...

Dunya Hassanein • 01 August, 2021

Novimed Opontia

Egypt

Zain Telecom launches venture fund, invests in Swvl and Pipe

Kuwaiti mobile telecommunications company Zain has announced the establishment of Zain Ventures. The size of the fund has not been...

News • 01 August, 2021

Zain Ventures Swvl Pipe

Egypt

Eight startups graduate from Flat6Labs’ Cairo Seed Programme

Egypt’s Flat6Labs has graduated eight startups from its Cairo Seed Programme’s 16th cycle, each receiving seed investment...

News • 01 August, 2021

Flat6Labs Cairo Seed Program

Saudi Arabia

Saudi fintech Forus secures Series A funding

Saudi Arabia-based fintech Forus Capital has secured an undisclosed Series A funding round co-led by Yazeed Alrajhi and Brothers...

News • 01 August, 2021

Forus Fintech

Egypt

CreditFins raises pre-Seed round for its credit card management platform

Cairo-based fintech startup CreditFins has raised a Pre-Seed funding round led by Flat6Labs, AUC Angels, TA Telecom Holding, and other...

News • 29 July, 2021

CreditFins Fintech

Iraq

Founder Institute launches accelerator programme for the Levant

US-based accelerator Founder Institute is launching its pre-seed startup accelerator in the Levant region, targeting entrepreneurs in...

News • 28 July, 2021

Founder Institute Levant accelerator

Regional

Swvl eyes IPO via SPAC

UAE-based mass transportation company Swvl, initially founded in Egypt, is reportedly planning to go public via a merger with a special...

News • 28 July, 2021

Swvl SPAC

Egypt

GamesBandy receives $40,000 grant from Taqadam

Egypt-based gaming marketplace GamesBandy has received a $40,000 grant from Taqadam, a Mena startup accelerator, four months after...

News • 28 July, 2021

Gamesbandy Taqadam

U.A.E

ADIO invests in three tech startups as part of its $545 million Innovation Programme

Abu Dhabi Investment Office (ADIO) announced today that it has invested in three tech companies as part of its Dh2 billion ($545...

News • 27 July, 2021

ADIO Lyve Rizek