Wamda

Egypt

Fawry deploys $1.6 million investment in three Egyptian fintech startups

Egypt-based fintech Fawry has invested $1.6 million in three Egyptian fintech companies, which are Dirac Systems, Virtual CFO, and Code...

fawry Virtual CFO Code Zone

Egypt

Egypt's fintech sector surged fivefold in five years, Entlaq report reveals

Egypt’s fintech sector has expanded 5.5 times in the past five years, driven by digital payments, lending, and B2B marketplaces,...

Entlaq Fintech

U.A.E

Flow48 secures $69 million Series A in a blend of debt, equity

UAE-based fintech Flow48 has closed a $69 million Series A funding round in a mix of debt and equity. The round is led by Breega and...

Flow48 Endeavor Catalyst 212

U.A.E

omnispay Secures $1.5 million seed led by Mercatus Capital

omnispay, a UAE-based fintech, has raised $1.5 million in a seed funding round led by Mercatus Capital Pte. Ltd., with participation...

omnispay Fintech Mercatus Capital

Saudi Arabia

Saudi fintech RasMal closes $4.8 million pre-Series A

Saudi Arabia-based fintech RasMal has closed a $4.8 million pre-Series A investment round led by Syndicate Element Holding Group...

RasMal Fintech Syndicate Element Holding Group

Saudi Arabia

Tabby closes $160 million Series E, eyeing IPO

Saudi Arabia-based fintech Tabby has raised $160 million in a Series E financing round at a $3.3 billion valuation. The round was led...

Tabby Fintech BNPL

U.A.E

UAE's fintech Yuze expands to India

Press release: Yuze, a UAE-based fully digital business banking platform, is set to expand its operations to India in the second...

Yuze Fintech

Egypt

Khazna lands $16 million pre-Series B to boost Saudi expansion

Egypt-based fintech Khazna has closed a $16 million pre-Series B funding round. The round saw participation from new and...

Khazna SANAD Fund Fintech

Saudi Arabia

Saudi Arabia’s Forus bags $60 million debt from Fasanara

Saudi Arabia-based P2P lending platform for SMEs Forus has secured $60 million in a credit facility from Fasanara...

Forus Fasanara Capital Fintech

Tunisia

Tunisian fintech EasyBank secures $370,000 investment

Tunisia-based fintech EasyBank has secured an investment of $370,000 from undisclosed investors. Founded in 2023 by...

EasyBank Fintech

Saudi Arabia

Lendo secures $690 million facility from J.P. Morgan

Saudi Arabia-based fintech Lendo has secured a $690 million warehouse facility led by J.P. Morgan. Founded in 2019 by Osama...

Lendo J.P. Morgan Fintech

Saudi Arabia

Ebana closes $2.66 million in a pre-Series A

Saudi Arabia-based fintech Ebana has secured $2.66 million in a pre-Series A funding round, led by Esnad Legal Consulting and Business...

Ebana Fintech

U.A.E

Maalexi secures $3 million debt facility from Citi

UAE-based Maalexi agriculture-focused fintech Maalexi has secured a $3 million debt finance facility from Citi. Founded in 2021 by...

Maalexi Citi Fintech

U.A.E

Pluto closes $4.1 million pre-Series A to drive KSA expansion

UAE-based fintech Pluto has raised a pre-Series A funding round at $4.1 million. The round is led by existing and new investors,...

Pluto Fintech Rhino Ventures

Egypt

MoneyHash closes $5.2 million pre-Series A for MEA expansion plans

US-based Egyptian fintech MoneyHash has secured $5.2 million in pre-Series A funding. The round is led by Flourish Ventures, along...

MoneyHash Fintech Flourish Ventures

Egypt

Egypt’s Raseedi acquires Kashat to broaden financial offerings

Egypt-based fintech Raseedi has acquired Kashat, which in its role owns Pharos Microfinance S.A.E., a subsidiary of Kashat, in an equity...

Kashat Raseedi Fintech

U.A.E

Bank Alfalah invests in UAE fintech Jingle Pay for 9.9% stake

UAE-based remittances fintech Jingle Pay has raised funding from Bank Alfalah, a Pakistan-based bank, for a 9.9% stake. Founded...

Jingle Pay Bank Alfalah Fintech

U.A.E

CredibleX secures $55 million Seed in both equity, debt

UAE-based fintech CredibleX has raised $55 million Seed funding, comprising both equity and debt. This financial backing comes...

CredibleX Further Ventures Fintech

U.A.E

Klickl closes $25 million Series A at $125 million valuation

UAE-based Web3 banking startup Klickl has closed a $25 million Series A funding round at a valuation of $125 million. The round was...

Klickl Web 3.0 Fintech

Tunisia

Tunisia’s Konnect secures undisclosed funding from Renew Capital

Tunisia-based fintech Konnect has secured a funding round from Renew Capita for an unknown amount. Founded in 2021 by Amin Ben...

Konnect Fintech Renew Capital

U.A.E

Wamda Capital participates in Wafeq’s $7.5 million Series A round

UAE-based fintech Wafeq has raised $7.5 million in a Series A funding round. The round is led by 9900 Capital, with participation from...

Wafeq Fintech Wamda Capital

Saudi Arabia

Geidea extends SoftPos services to Egypt

Press release: Geidea, a leading provider of digital payment solutions in the Middle East, is set to launch its innovative SoftPos...

Geidea Fintech Softpos

Saudi Arabia

EdfaPay closes $5 million pre-Series A to fuel MENAP expansion

Saudi Arabia-based fintech EdfaPay has secured a $5 million pre-Series A funding round led by OmanTel Innovation Labs, with...

EdfaPay Omantel Innovation Labs Fintech

Saudi Arabia

Lean closes Series B at $67.5 million, bringing total funding to $100 million

Saudi Arabia-based fintech Lean Technologies has secured $67.5 million in Series B funding round, led by General Catalyst, with...

Lean Technologies General Catalyst Fintech

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