FinTech
Alaan raises $48 million in Series A round
Alaan, the Middle East’s leading spend management platform for businesses, has raised $48 million in a Series A funding round led by Peak XV Partners with significant participation from the founders o...
Tarabut secures in-principle approval from CBUAE
Tarabut has received in-principle approval from the Central Bank of the United Arab Emirates (CBUAE) following the introduction of the UAE’s Open Finance regulation. This milestone positions Tar...
Tabadulat to launch Shariah-compliant trading platform
Tabadulat, a UAE-based Shariah-compliant investing platform, has received In-Principle Approval from ADGM’s Financial Services Regulatory Authority (FSRA) to launch a 100% Shariah-compliant global tra...
CE-Ventures invests in two Silicon Valley startups
CE-Ventures has announced investments in Silicon Valley startups Plaid and Mesh, focused on data infrastructure and digital asset movement respectively, are both critical enablers of financial interop...
EazyPay and Tamara to offer seamless payment solutions
Bahrain’s leading financial company, Eazy Financial Services, has announced a strategic partnership with Tamara, one of the region’s fastest-growing fintech platforms and a pioneer of the ...
PALM successfully closes a seven-figure Pre-Seed round
PALM, Egypt’s first fintech startup offering incentivised goal-based saving, has announced today that the company has successfully closed its pre-seed funding round. The investment round was led by 4D...
Codebase Technologies partners with Fuze
Codebase Technologies has entered a strategic partnership with Fuze to introduce crypto and digital asset capabilities to banks and fintechs across the region, through the Codebase Technologies Digiba...
Hub71 startup Qashio raises $19.8 million
Hub71 startup Qashio, an expense management solution for high-performing companies, has successfully raised $19.8 million in a recent funding round. This capital injection, a hybrid of equity and non-...
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...