Funding
Spare raises $5M to scale open banking infrastructure
Spare, a fast-growing open banking infrastructure provider based in Riyadh, has raised USD 5 million in a pre-Series A funding round led by anb Seed Fund, the venture capital fund of ANB Capital —a su...
SEON closes $80 million Series C funding round
SEON, the command center for fraud prevention and AML compliance, announced the close of its $80 million Series C round of funding. The investment was led by Sixth Street Growth with participation fro...
Nothing raises $200 million at $1.3 billion valuation
Nothing announced the new Series C funding round of $200 million, taking the company’s valuation to $1.3 billion. According to Nothing, this milestone marks the start of our next phase: From bei...
Amaani raises $3M to launch Arab beauty brand AÏZA
Amaani, a new-age consumer company reimagining beauty and wellness from the Middle East, has raised $3M in seed funding for its debut Arab beauty brand, AÏZA. The round was led by Peak XV’s Surge (for...
Agentic AI customer service startUp Clarity raises $12M
Clarity, an AI-powered customer-experience and voice-of-customer (VoC) platform for highly regulated industries, has raised $12 million in new funding. The round is led by Prosus Ventures with partici...
Rainforest raises $29 million to fuel expansion
Rainforest, an embedded payment provider purpose-built for software platforms, announced it has raised an oversubscribed $29 million Series B funding round led by Matrix Partners and Infinity Ventures...
HALA raises $157 million in Series B funding round
HALA, Saudi Arabia’s leading fintech and provider of embedded financial services to micro, small and medium enterprises, has raised $157 million in a Series B investment round led by The Rise Fu...
Rihal raises new round funding led by ITHCA Group
Rihal, a regional leader in technology and data services, today announced the successful first close of its Series A funding round, with a total raise target of $15 million. The round was led by ITHCA...
Pollen Street lends $100 million credit facility to CredibleX
Pollen Street Capital announces a new $100 million senior secured credit facility to CredibleX. This UAE-based SME lender specialises in providing small and medium-sized enterprises (SMEs) with fast a...