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... News • 15 February, 2022 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... News • 15 February, 2022 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... News • 15 February, 2022 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... News • 14 February, 2022 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... News • 13 February, 2022
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... News • 13 February, 2022 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... News • 13 February, 2022 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... News • 13 February, 2022 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... Dunya Hassanein • 11 February, 2022 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... News • 10 February, 2022 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... News • 10 February, 2022 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... News • 09 February, 2022 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... News • 09 February, 2022 Thndr Fintech
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... News • 09 February, 2022 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... News • 08 February, 2022 Zywa Y Combinator
Egypt Funeral services platform SOKNA raises $1 million Seed round Egypt-based funeral services startup SOKNA has closed a $1 million Seed round with participation from Mentors Fund, SBX Capital, ACE... News • 08 February, 2022 Funeral Services Sokna
