Funding
GFH Financial Group launches $100 million sukuk fund
GFH Financial Group (GFH) has announced that is has launched and seeded a $100 million sukuk fund which holds a diversified portfolio of sukuk following signing agreement with Credit Suisse to provide...
Nuwa Capital participates in a $1.6M pre-seed round of Saudi-based EdfaPay
Nuwa Capital announced its latest investment in Saudi Arabia, through its participation in a $1.6M (SAR 6M) pre-seed round of Saudi-based fintech company EdfaPay. The round was co-led by Wallan Invest...
Qashio raises $2.5 million in its pre-Seed funding
UAE-headquartered fintech business, Qashio has entered the MENA market on a strong note by raising $2.5 million in its pre-Seed funding. Qashio’s enterprise-grade expense management platform enables b...
Micropolis Robotics raises $4m in seed round from Mindrock Capital
Micropolis Robotics, a UAE company focused on the rapidly expanding AV industry, is announcing a $4 million seed round investment by San Francisco based venture company Mindrock Capital.
Uniphore secures $400 million in Series E funding round
Uniphore today announced its Series E funding round of $400 million. The round, which brings Uniphore’s total funding to more than half a billion ($610 million) is led by NEA and raises the company’s...
Nuwa Capital announces investment in Egypt
Nuwa Capital announced its latest investment in Egypt, through its participation in the pre-seed round of US- and Egypt-based financial infrastructure company MoneyHash, which is emerging from beta to...
Hubpay secures $20 million series A funding
The Middle East and North Africa-focused fintech Hubpay has announced it has closed a $20 million Series A fundraising round and has also launched a cross-border digital wallet with no-cost remittance...
Pyypl raises $11 million in series A
UAE based fast growing fintech, Pyypl closed a $11 million series A financing round with participation from a diverse group of international family offices and HNWI’s. The company provides digital pay...
Micropolis Robotics announces a $4miilion seed round
Micropolis Robotics, a UAE company focused on the rapidly expanding AV industry, is announcing a $4 million seed round investment by San Francisco based venture company Mindrock Capital.