Tag: MENA

Mastercard and MDP have announced a partnership to transform the payments landscape for banks and non-FIs in the MENA region.

Cypherleak, a trailblazing cyber risk monitoring and scoring startup, has garnered an impressive $750,000 seed round. The financial backing came from prominent investors based...

MALY, the Dubai-based financial wellness platform, has recently wrapped up its pre-seed funding round, amassing an impressive investment of over $1.6m to boost its automated savings app and associated bank-linked card.

Checkout.com, a key player in the global payments landscape, can now add another feather to its cap as it becomes the first global payments platform to receive a Retail Payment Services licence from the UAE Central Bank.

Hakbah, a Saudi Arabia-based FinTech savings platform, has secured $2m in its pre-Series A funding round, as it looks to bolster its presence in the country.

Tamara, a shopping and payments platform in Saudi Arabia and the GCC region, has secured $150m in a receivables warehouse facility from Goldman Sachs.

Tarabut Gateway, which claims to be the largest open banking platform in the MENA region, has teamed up with crypto asset trading platform Rain.

Saudi Arabia-based venture capital firm Emkan Capital has closed its inaugural fund on $31m, as it looks to back technology startups across GCC and broader MENAP regions.

Tabby, a BNPL services company based in the MENA region, has closed its Series C round on $58m, which brings its valuation to $660m.

MENA-based banking-as-a-service provider NymCard has closed a fresh funding round on $22.5m to support boost its presence in the region.