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.