FinTech
Fincart raises $2.8 million to scale its regional operations
Egypt‑based e‑commerce operations platform Fincart has raised an oversubscribed $2.8 million Seed round, co‑led by Launch Africa and Antler MENAP, with participation from Yango Ventures, Five35 Ventur...
African fintech M-KOPA surpasses 10 million customers
M-KOPA, the pan-African fintech, has reached 10 million customers across its 5 African markets. From its first solar sale in 2012, reaching 1 million customers took 8 years. Since its entry into smart...
Sav and Visa partner to elevate digital payment experiences
Sav and Visa have signed an exclusive five-year, multimillion-dollar strategic partnership that will see Visa become Sav’s exclusive card network across the UAE and Saudi Arabia. The collaborati...
Swift certified Mambu offers cross‑border payments
Mambu, the cloud banking platform powering the next generation of financial institutions, announced it has become a certified Enabler of Swift’s Business Connect and Value-Added Services. The certific...
Emirates NBD, Techstars drive AI and fintech innovation
Emirates NBD and Techstars announced a strategic partnership to shift from traditional startup mentorship towards a commercially driven “Acceleration-to-Enterprise” model, designed to inte...
AXON secures $1mln at start of fundraising round
AXON successfully concluded its exclusive Investor Summit in Riyadh, Saudi Arabia, bringing together a distinguished group of investors, decision-makers, and leaders from the fintech and investment se...
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...
mylo simplifies installments with InstaPay integration
mylo, the fintech venture that grew out of B.TECH, announced the launch of a new feature allowing customers to easily pay their due installments through the InstaPay financial services app, using thei...