Wamda

Saudi Arabia

Saudi Grintafy raises $2.1 million Bridge round

Saudi Arabia-based e-sports platform Grintafy has raised a $2.1 million Bridge round with participation from Wa’ed, Alrashed Group...

Grintafy Saudi Arabia Sportstech

U.A.E

Qashio raises $2.5 million led by MSA Novo

UAE-based fintech Qashio has raised $2.5 million in pre-Seed funding, led by MSA Novo and supported by Rally Cap Ventures, Palm Drive...

Qashio MSA Novo

U.A.E

UAE's digital bank Zand receives fresh funding

UAE-based digital bank Zand has received funding from Franklin Templeton, Aditya Birla Group, Al Hail Holding, Al Sayyah & Sons...

Egypt

Egypt ratifies its Fintech Act

Egypt has ratified its Fintech Act, which regulates the work of fintech companies in Egypt. As per the new regulations, the...

Egypt Fintech

Egypt

Wasla raises $9 million from Contact Financial Holding

Egypt-based e-commerce platform Wasla has raised $9 million from Contact Financial Holding, formerly Sarwa Capital. Founded in...

E-commerce wasla

Egypt

MoneyHash raises $3 million pre-Seed funding

US-based Egyptian fintech MoneyHash has raised $3 million in pre-Seed funding, led by UAE venture capital firm COTU Ventures, with...

MoneyHash COTU Ventures VentureSouq

Saudi Arabia

TruKKer raises $96 million in Series B

Saudi Arabia-based digital freight network TruKKer, has raised $96 million in a mix of equity and debt for its Series B...

Trukker

Bahrain

Dallaspresso raises $212,000

Bahrain-based direct-to-consumer coffee and tea brand Dallaspresso, has raised $212,000 from Hope Ventures, the investment arm of Hope...

U.A.E

YallaMarket raises $2.2 million bridge round

UAE-based quick-commerce startup YallaMarket has raised $2.2 million in a bridge round from Doha Tech Angels, Flyer One Ventures and...

YallaMarket q-commerce dark stores

Saudi Arabia

Saudi logistics startup RedBox raises $3 million

Saudi Arabia-based logistics startup RedBox has raised SAR 11.5 million ($3 million) in a Seed round led by Vision Ventures with...

Logistics Last mile RedBox

Egypt

Egyptian proptech Nawy raises $5 million Seed round

Cairo-based proptech Nawy has closed a $5 million Seed funding round, led by the Sawiris family office. Founded in 2016 by Mohamed...

Nawy Proptech

Regional

UAE ranked world’s most supportive entrepreneurship environment: GEM Report

The UAE was ranked top in the world in the 2021/2022 Global Entrepreneurship Mentorship (GEM) report in terms of countries that allow for...

GEM

U.A.E

Micropolis Robotics raises $4 million Seed round

UAE-based Micropolis Robotics has raised a $4 million Seed round led by US-based Mindrock Capital. Founded in 2014 by Egor...

Micropolis Robotics Mindrock Capital

U.A.E

UAE fintech Pyypl raises $11 million Series A

UAE-based fintech Pyypl has raised $11 million in a Series A round from a group of international family offices and angel...

Pyypl Series A

U.A.E

UAE’s Hubpay raises $20 million Series A fundraising

UAE-based fintech Hubpay has raised a $20 million Series A fundraising round, led by Signal Peak Ventures, joined by Olive Tree Capital...

hubpay Signal Peak Ventures

Egypt

Egypt fintech Thndr raises $20 million in Series A

Egypt-based fintech Thndr has raised $20 million in a Series A round co-led by Tiger Global, BECO Capital and Prosus Ventures with...

Thndr Fintech

Industry Announcements

Saudi Grintafy raises $2.1 million Bridge round

Qashio raises $2.5 million led by MSA Novo

UAE's digital bank Zand receives fresh funding

Egypt ratifies its Fintech Act

Wasla raises $9 million from Contact Financial Holding

MoneyHash raises $3 million pre-Seed funding

TruKKer raises $96 million in Series B

Dallaspresso raises $212,000

YallaMarket raises $2.2 million bridge round

Saudi logistics startup RedBox raises $3 million

Egyptian proptech Nawy raises $5 million Seed round

UAE ranked world’s most supportive entrepreneurship environment: GEM Report

Micropolis Robotics raises $4 million Seed round

UAE fintech Pyypl raises $11 million Series A

UAE’s Hubpay raises $20 million Series A fundraising

Egypt fintech Thndr raises $20 million in Series A

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