FinTech
Aura Finance addressing the financing needs of SMEs
Shahrukh Ghazali, co-founder of Aura Finance, talks about their unique SME financing solutions, winning the Fintech Startup Innovator award, overcoming early challenges, and future plans for growth an...
Mitgo Group to invest $20 million in its fintech arm Capy
Mitgo Group, has made the first tranche of investment in its recently launched fintech business, Capy. This investment will be the initial step in a 20 million dollar investment package planned for th...
EdfaPay secures license to operate in Morocco
EdfaPay, a leading innovator in fintech services, is proud to announce expansion into the Moroccan market after receiving an official license to operate in the country. This significant achievement al...
Egyptian fintech startup Connect Money secures $8 million in a seed round
Egyptian fintech startup Connect Money has secured $8 million in a seed round led by Disruptech Ventures, Algebra Ventures, and Lorax Capital Partners, with additional participation from One Stop and ...
Visa and JoPACC to accelerate fintech development in Jordan
Visa has partnered with Jordan Payments and Clearing Company (JoPACC) to collaborate and empower fintech startups in Jordan and the Levant region, which includes mentoring startups in the second cohor...
Dubai-based NOW Money raises $4 million in equity round
Dubai-based NOW Money today announces it has closed on a $4 million equity round. The investment completes the second round of funding for the Company since its acquisition led by Mark Nutter and Nico...
Cairo-based startup Sahl raises $6 million
Cairo-based startup Sahl has raised $6 million in Series A and seed funding to act as a one-stop shop for household bills in collaboration with government entities. Ayady for Investment and Developmen...
Stake raises $14 million in Series A round led by MEVP
Stake, the real estate fintech platform, today announced that they have raised $14 million in Series A funding round led by MEVP (Middle East Venture Partners), along with Wa’ed Ventures, Mubada...
SiFi secures $10 million funding led by Sanabil and RAED Ventures
Saudi Arabia-based fintech Simplified Financial Solutions Company (SiFi) has successfully closed a $10 million seed funding round spearheaded by Sanabil Investments and RAED Ventures. The round also a...