Tags Middle East

Tag: Middle East

Sokin deepens Mastercard partnership with Middle East and Africa jump

PayTech Sokin has signed a partnership agreement with Mastercard to support the roll-out of its fixed-price payment services across the Middle East and Africa.

Pluto closes seed on mission to be the Ramp of MENA

Corporate spend management solution Pluto has reportedly raised $6m for its seed round, as it continues its goal of becoming the market leader in the Middle East.

Bahrain crypto exchange Rain nets $110m

Bahrain-based cryptocurrency exchange Rain has collected $110m in its Series B funding round. The investment was co-led by Paradigm and Kleiner Perkins, with commitments also...

Lamaa closes one of Saudi Arabia’s largest seed rounds

Saudi Arabia-based FinTech company Lamaa has closed one of the country’s largest seed rounds, pulling in $5.5m.

MENA region gets its first FinTech-focused fund

VentureSouq, a venture capital firm based in Dubai, has closed its MENA FinTech Fund I on $50m, which marks the first fund of its type in the region.

Verity preps for launch to help families in Middle East educate...

UAE-based FinTech startup Verity has received $800,000 in its pre-seed round, as it prepares for the launch of its family banking and financial literacy app specifically designed for the Middle East.

BNPL plarform Tamara closes MENA’s largest Series A round

Saudi Arabia-headquartered Tamara, a buy-now-pay-later (BNPL) platform, has scored the largest Series A in MENA.

GCC’s first digital bank aimed at migrant workers NOW Money nets...

NOW Money, which claims to be the first digital bank for low-income migrant workers in the Gulf Cooperation Council, has netted $7m in funding.

UAE-based Klaim said to close $1m seed round

UAE-based claim management platform Klaim has reportedly raised a $1m seed investment to help it grow its presence in the market.

NymCard secures $7.6m in Series A round

Banking as a service startup NymCard Banking has bagged $7.6m in a Series A funding round.

Essential training, knowledge and forward-thinking 

in RegTech

Enroll today and get 20% OFF the Professional RegTech Certificate

120,000+ FinTech leaders get exclusive industry stories delivered every week