FinTech
IMAN Holdings plans to raise $100M for GCC expansion
IMAN Holdings has announced plans to raise $100mn to accelerate the development and expansion of its AI-powered Islamic banking platform, with a focus on entering GCC markets.
Sovra raises $2 million+ in pre-seed funding round
Sovra, the fintech platform that provides people with a global dollar account, has raised more than $2 million in pre-seed funding. The round was led by Pharsalus Capital, with participation from lead...
Türkiye’s Paribu acquires CoinMENA for $240 million
Türkiye’s leading digital asset platform Paribu announced that it has acquired CoinMENA, the largest local crypto exchange in the Middle East and North Africa (MENA), in a transaction valuing the comp...
PaySelect to revolutionise the payment industry in UAE
PaySelect, the UAE’s first independent digital platform dedicated to simplifying the search for payment solutions, has launched with fifteen leading payment providers already on board. Designed ...
Whish Money drives financial inclusion across Lebanon and beyond
Toufic Koussa, Co-Founder and CEO of Whish Money, explains how the platform is driving financial inclusion across Lebanon and beyond through secure, compliant, and user-centric fintech solutions—power...
BENEFIT equips youth to lead fintech sector in Bahrain
Bahrain’s leading fintech company, BENEFIT, has successfully concluded the fourth edition of its FinTech Summer Training Programme “MASAR.” The initiative is dedicated to empowering Bahraini you...
Bahrain’s BENEFIT launches second cohort of Ruwaad Leadership Program
Bahrain’s leading Fintech and electronic financial transactions service provider, BENEFIT, has announced the launch of the second cohort of its Ruwaad BENEFIT Leadership Program, building on the...
PayTic secures $4 million funding led by AfricInvest
Morocco-based fintech PayTic has successfully closed a $4 million seed extension funding round. The investment was spearheaded by AfricInvest through its Cathay AfricInvest Innovation Fund (CAIF), wit...
Pakistani fintech Haball secures $52 million to fuel expansion
Haball, Pakistan’s leading supply chain financing and payments fintech, has raised a significant US$52 million in a pre-Series A funding round. The investment comprises a US$5 million equity com...