Wamda

U.A.E

Mashreq bank invests in NymCard

UAE-based fintech NymCard has raised investment from Mashreq bank. The amount raised was not disclosed. Founded in 2018 by Omar Onsi,...

NymCard Mashreq

U.A.E

UAE’s EMPG invests in Pakistani Daftarkhwan

UAE-based Emerging Markets Property Group (EMPG) has invested Seed capital in Pakistan’s Daftarkhwan. The amount invested was not...

EMPG Daftarkhwan

Global

UAE-based angel investors invest in IMAN's $1 million Seed round

A group of UAE-based angel investors has participated in Uzbek-based fintech startup IMAN's $1 million Seed round. The round...

IMAN

U.A.E

Nabta Health raises $1.5 million as femtech gains ground worldwide

Fertility rates across the Middle East and North Africa (Mena) are in decline, partly for socio-economic reasons and increasingly due to...

Nabta Health femtech

U.A.E

Udrive raises $5million

UAE-based car-sharing app Udrive has raised $5 million from Cultiv8 and Oman Holding International. Founded in 2016 by Nicholas Watson...

Cultiv8 udrive Oman Holding International

U.A.E

UAE-based travel marketplace Wego acquires Cleartrip

UAE-based online travel marketplace Wego is set to acquire Cleartrip’s Middle East business in the second half of 2022 for an...

Cleartrip Wego Travel

U.A.E

Can data ensure a startup's success?

As the UAE went into a strict lockdown in 2020, those offering mobility solutions suffered immensely, among them car-leasing app, Invygo....

Invygo

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...

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

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

U.A.E

Social media app ASKWHO raises $1 million Seed funding

UAE-based social media app ASKWHO, has raised a $1 million in a Seed round from several angel investors. Founded in 2019 and...

Social Media ASKWHO

U.A.E

Zywa closes $1 million pre-Seed round backed by Y Combinator

UAE-based fintech Zywa has closed a $1 million pre-Seed round for its teen neobank, backed by Y Combinator alongside other investors...

Zywa Y Combinator

U.A.E

UAE’s Postpay partners with CBD for debt financing

UAE-based fintech Postpay has a signed a debt financing deal with the Commercial Bank of Dubai (CBD) to enhance its suite of financial...

Postpay CBD BNPL

U.A.E

UDENZ raises $150.000

UAE-based dental clinic appointment management platform UDENZ has raised $150,000 in a debt round from Global Ventures and angel...

Udenz health tech

U.A.E

Pluto raises $6 million Seed round

UAE-based fintech Pluto announced its emergence from stealth mode with a $6 million Seed round, led by Global Founders...

Pluto

Global

SWVL raises additonal $21.5 million in PIPE funding

UAE-based mobility solutions provider SWVL has raised an additional $21.5 million in private investment in public equity (PIPE) deal as...

Swvl

U.A.E

Datacultr raises $1 million Seed

UAE-based fintech has raised a $1 million Seed funding round, led by London-based Sturgeon Capital, along with Seedstars...

Fintech

U.A.E

Letswork acquires Portugal-based Krow

UAE-based shared spaces marketplace Letswork has acquired Portugal-based Krow, marking the startup's first expansion outside its...

Letswork

U.A.E

UAE-based Takalam raises $1 million pre-Seed round

UAE-based healthtech Takalam has raised $1 million in a pre-Seed round, led by Emirates Angels members, along with Nowaisi Investments,...

Takalam healthtech mental health

U.A.E

Alpha Wave Global invests in Moglix's $250 million Series F funding

India-based logistics startup Moglix has raised $250 million in Series F funding round, at a valuation of $2.6 billion, led by Tiger...

Moglix Logistics E-commerce

U.A.E

Qlub raises $17 million Seed round

UAE-headquartered fintech Qlub has raised a $17 million Seed round, co-led by Cherry Ventures and Point Nine, with participation...

Fintech

Thought Leadership

All the information you need to navigate Mena's startup ecosystem

Thank you