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Automated investment advisory solution Sarwa has collected $1.3m in its pre-Series A funding round.
Maliyya, a Sharia compliant P2P financing and investing platform, has closed a $1.3m seed round from Ground1 Ventures.
Bahrain FinTech Bay, a FinTech hub for the Middle East and Africa, has opened and announced its founding partners and some of its startups.
The Bahrain Economic Development Board and FinTech Consortium have launched Bahrain FinTech Bay, a FinTech hub dedicated to the Middle East and Africa.