U.A.E MoneyGram acquires minority stake in UAE’s Jingle Pay UAE-based fintech Jingle Pay has raised an unknown amount of investment from US firm MoneyGram International, Inc., for a 12 per cent... News • 05 October, 2022 MoneyGram Jingle Pay
Egypt Glamera secures $1.3 million Seed round Egypt-born SaaS startup Glamera, has raised a Seed round of $1.3 million, led by Riyadh Angels Investors (RAI), with participation from... News • 05 October, 2022 Glamera Riyadh Angels Investors E-commerce
Iraq Iraq Angel Investors Network helps local startups raise $1 million in investment Iraq-based incubator KAPITA, has announced that its Iraqi Angel Investment Network (IAIN), has helped six startups to raise more than $1... News • 04 October, 2022 KAPITA IAIN Iraq Angel Investors Network
Regional ZenHR raises $10 million growth round Saudi Arabia-based HR software provider ZenHR, has raised a $10 million growth round, led by Rua Growth Fund with the participation of... News • 04 October, 2022 ZenHR human resources HR solutions
Egypt Algebra Ventures completes first close of second fund at $100 million Egypt-based VC fund Algebra Ventures, has finalised a $100 million first close of its second fund, exceeding the targeted $90 million... News • 04 October, 2022 Algebra Ventures
Saudi Arabia NearPay raises $3.6 million pre-Series A round Saudi Arabia-based fintech NearPay has raised $3.6 million in a pre-Series A funding round, led by Vision Ventures with participation... News • 03 October, 2022 NearPay Softpos
Egypt CardoO raises $660,000 Seed round Egypt-based IoT devices manufacturer CardoO has raised a $660,000 Seed funding round, led by The Alexandria Angels, with the... News • 03 October, 2022 CardoO IoT The Alexandria Angels
Egypt Gaming platform Cryptyd Inc secures new funding round Egypt-based Cryptyd Inc has secured a new round of funding for an unknown amount from existing and new investors. Founded in 2015 by... News • 02 October, 2022 Cryptyd Inc Gaming
Morocco Morocco’s Chari raises $1 million investment from Endeavor Catalyst Morocco-based B2B e-commerce Chari has raised $1 million from Endeavor Catalyst as part of its Series A funding round. Founded in 2020... News • 02 October, 2022 Chari E-commerce b2b
U.A.E Twofour54 launches The Community Hub co-creating space in Abu Dhabi UAE-based media, entertainment, and gaming zone twofour54, has launched ‘The Community Hub’ located at Yas Creative Hub, a... News • 29 September, 2022 uae startup Community Hub
Global oktopi acquires UK edtech Tutor House UAE-based edtech oktopi, has fully acquired UK-based tutoring platform Tutor House. Founded in 2021 by Emilie Thomas and Fadi Abbas,... News • 29 September, 2022 oktopi acquisition EdTech
Morocco Morocco’s BMCE Capital launches $4.5 million fund to support local ecosystem Morocco-based BMCE Capital Investment has launched a $4.5 million VC fund dedicated to financing Moroccan startups at the Seed... News • 28 September, 2022 BMCE Capital Investment VC fund
U.A.E UAE’s Eat App raises $11 million Series B round UAE-based restaurant reservations platform Eat App has closed an $11 million Series B round from MEVP, 500 Startups, Derayah VC, Dallah... News • 28 September, 2022 Eat App foodtech
U.A.E LinkedIn reveals top UAE startups for 2022 LinkedIn has announced its annual ranking of the top 10 UAE-based startups that have demonstrated exceptional growth in the past year... News • 28 September, 2022 LinkedIn startups
Egypt Egypt’s Partment raises $1.5 million pre-Seed round Egypt-based proptech Partment, has closed its pre-Seed round at $1.5million, led by Nclude, Plus Venture Capital (+VC), along with a... News • 28 September, 2022 Partment Proptech
Egypt Tabby partners with Paymob to offer BNPL to Egyptian retailers UAE-based fintech Tabby, has partnered with Egypt’s digital payment solution fintech Paymob to create a seamless buy now pay later... News • 27 September, 2022 Tabby Paymob BNPL
