Wamda

Egypt

Egypt's Banknbox join forces with CSC Jordan to drive financial inclusion

Egypt-based fintech Banknbox has partnered with CSC Jordan to drive financial inclusion and offer joint advanced services to customers...

Banknbox CSC Jordan Fintech

Egypt

Egypt’s MNT-Halan raises $157.5 million to propel expansion plans

Egypt’s MNT-Halan has raised $157.5 million in funding, featuring contributions of $40 million from the International Finance...

MNT-Halan Fintech

Egypt

Egypt’s Dopay secures $13.5 million Series A extension round

Egypt-headquartered fintech Dopay has closed a $13.5 million Series A extension round, topping up a previous $18 million Series A round...

Dopay Fintech Argentem Creek Partners

U.A.E

Maalexi raises $1 million investment from Stride Ventures

UAE-based Maalexi agriculture-focused fintech Maalexi has raised a $1 million venture debt from Stride Ventures. Founded in 2021...

Maalexi Stride Ventures Fintech

Egypt

Connect Money raises $8 million Seed round

Egypt-based fintech Connect Money has closed its Seed funding round of $8 million led by Disruptech Ventures and Algebra...

Connect Money Fintech Algebra Ventures

U.A.E

Comfi secures $5 million debt facility to expedite BNPL plans

UAE-based fintech Comfi has secured a $5 million debt facility from an undisclosed Abu Dhabi-based private family...

Comfi Fintech

Egypt

HSBC to back fintech in Egypt with $31 million fund

HSBC Egypt is planning to launch a fund worth EGP 1.5 billion ($31.5 million) to back the fintech sector in the North African...

HSBC Fintech

U.A.E

UAE’s Now Money closes $4 million equity round

UAE-based fintech NOW Money has closed a $4 million equity round. The investment completes the second round of funding for the Company...

now money Fintech

Egypt

Egypt’s Sahl closes dual rounds at $6 million

The Cairo-based fintech Sahl has raised $6 million in Series A and seed funding rounds, led by Ayady for Investment and Development,...

Sahl Fintech

U.A.E

Elevate to increase MENA presence after securing $5 million pre-Series A

Elevate, a London and Dubai-based fintech, has raised $5 million in a pre-series A investment round, according to the company's...

Elevate Fintech

Egypt

Egypt’s e-finance acquires minority stakes in Al Ahly Momken, EasyCash

Egypt-based fintech e-finance for Digital and Financial Investments (e-finance) has acquired a 25% stake in Al Ahly Momken and a 13%...

e-Finance Al Ahly Momken EasyCash

Regional

B2B SaaS shapes the future of fintech in MENA

An article by Ghady Rayess, the co-founder and managing director of FOO. Across the Middle East, digital transformation is...

SAAS b2b Fintech

U.A.E

Five trends UAE fintech can leverage to stay competitive

An article by Viktor Kasianov, CEO of UnaFinancial’s digital finance app to be launched in the UAE. With its...

oped Fintech

Egypt

Swypex launches following $4 million Seed round

Egypt-based fintech Swypex has raised a $4 million Seed investment round, led by venture capital fund Accel, with participation from...

Swypex Fintech Accel

Egypt

Egyptian fintech Bokra raises $4.6 million pre-Seed round

Egypt-based fintech Bokra has closed a $4.6 million pre-Seed round led by DisrupTech Ventures, and SS Capital, among other...

Bokra Fintech Disruptech Ventures

U.A.E

UAE’s Fortis closes $20 million Series A to bolster Mena expansion

UAE-based fintech Fortis has closed a Series A funding round at $20 million from Opportunity Venture. Founded in 2023 by Alberto...

Fortis Opportunity Venture Fintech

Bahrain

Receiptable secures pre-Seed round from HP Spring Studios

Bahrain-based fintech Receiptable has raised a pre-Seed round for an unknown amount, led by HP Spring Studios, a venture fund that is...

Receiptable HP Spring Studios Fintech

Morocco

Tookez raises $1.5 million to solidify position in Moroccan market

Morocco-based fintech Tookeez has secured $1.5 million in a funding round led by Azur Innovation Fund. Founded in 2020 by Hicham...

Tookeez Azur Innovation Fund Fintech

Jordan

Numa partners with Visa to accelerate expansion into Saudi Arabia

Jordan-based fintech Numa has partnered with Visa, including a strategic investment to propel Numa’s plans to expand into Saudi...

NUMA Fintech Visa

Saudi Arabia

Rabeh raises $800,000 Seed round

Saudi Arabia-based fintech Rabeh Financial has closed a $800,000 Seed investment round during LEAP 2024, in collaboration with Mjalis...

Rabeh Fintech Leap24

U.A.E

UAE fintech Kema raises $2 million pre-Seed

UAE-based fintech Kema has raised a $2 million pre-Seed round, led by Speedinvest with participation from the Dubai Future District Fund...

Kema Fintech

Iraq

Iraqi fintech Wayl raises $150,000 pre-Seed round

Iraq-based fintech Wayl, has secured $150,000 in pre-Seed funding from EQIQ Ventures. Founded in 2021 by Ali Ismail, Wayl serves as a...

Wayl Fintech EQIQ Ventures

Qatar

Qatari fintech Karty raises $2 million Seed round

Qatar-based fintech KARTY, has raised a Seed funding round of $2 million from local investors. Founded in 2021 by Mohammed Suleiman...

Karty Fintech e-wallet

Saudi Arabia

Takadao raises new investment from Adaverse

Saudi Arabia-based fintech Takadao has raised an undisclosed investment from Adaverse. Founded in 2022 by Sharene Lee and Morrad...

Adaverse Takadao Fintech

Thought Leadership

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

Thank you