Funding
SNB Capital leads SAR 65mn series A funding for Malaa Technologies
SNB Capital, the largest asset manager and investment bank in the region, has announced its role as lead investor in a series “A” investment round of SAR 65 million for Malaa Technologies,...
Ziina raises $22 million in a Series A funding round led by Altos Ventures
Ziina has raised $22 million in a Series A funding round led by US-based Altos Ventures. Other top-tier investors participating in this round include Fintech Collective, Avenir Growth, Activant Capita...
Hulexo raises seed investment from Arzan VC
Abu Dhabi-based award-winning ERP provider for small and medium-sized retail stores Hulexo secured a Seed investment from Arzan VC, a move that shows Arzan VC’s continuous commitment to early-stage te...
Verofax secures $3M in bridge funding
Verofax announced the closing of a $3M bridge round led by international investors Plug & Play Tech Center, Navig8 Group, King Abdullah University for Science and Technology, Trove Capital UK foll...
South African fintech Omnisient raises $7.5 million from Arise
South African fintech startup Omnisient has raised $7.5 million in Series A funding from Arise, a company that invests in African financial service providers and fintechs that advance financial inclus...
Web3 streaming platform myco raises $10 million
UAE-based Web3 streaming platform, myco, has successfully completed the first closing of its Series A funding, raising $10 million from prominent venture investors across MENA, North America and Europ...
TransBnk raises $4 million to disrupt the global transaction banking space
TransBnk, a Mumbai based Transaction Banking Platform, has successfully raised $4 million in Series A funding. The round was led by 8i Ventures, the early-stage India-focused VC fund known for its not...
Adaverse invests in Mithu to revolutionize restaurant loyalty programs
Adaverse, a leading Web3 venture builder, has announced a $500,000 pre-seed investment in Mithu, an innovative loyalty platform aggregator for restaurants and cafes in Saudi Arabia. Mithu aims to solv...
PostEx secures $7.3 million to consolidate its market leadership in Pakistan
Pakistan’s leading fintech startup PostEx announced the successful closure of its $7.3 million pre-Series A funding round that was led by Conjunction Capital and other investors including Dash Venture...