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Saudi Arabia-based FinTech company Lamaa has closed one of the country’s largest seed rounds, pulling in $5.5m.
Saudi Arabia-headquartered Tamara, a buy-now-pay-later (BNPL) platform, has scored the largest Series A in MENA.
Open banking platform Tarabut Gateway has bagged $13m in its seed round, which was led by Target Global.
MenaPay, which aims to become the largest digital finance platform in the Middle East and North Africa (MENA) region, has closed a new funding round.
Jumio will supply its biometric-based identity verification technology to Bank ABC through new partnership.
National Bank of Bahrain (NBB) has become the first bank in the MENA region to launch open banking services for its customers.
FundedByMe has received approval to become the first regulated crowdfunding platform in the United Arab Emirates.
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