Funding
Kenyan FinTech startup, Paylend raises $2 million
Paylend, a Kenyan FinTech startup focused on providing access to finance and digitizing MSMEs in Kenya have today announced that it has raised $2 million dollars seed investment from Next Chymia Consu...
SimpliFi seals $5.1 million in funding
SimpliFi, a Cards as a Service (CaaS) platform for MENA and Pakistan, has raised $5.1 million in funding to accelerate its expansion across the region following its beta launch in August 2021.
Raseed raises $1.1 million in pre-seed round led by Impact46
Raseed, the investment platform for GCC residents enabling access to stock trading in the US market, has raised a $1.1 million (SAR 4.1 million) Pre-Seed round led by Impact46 with participation from ...
Splashlight Studios raises seed funding of $1 million from Eagle Ventures
Splashlight Studios, a young e-commerce digital solutions provider has raised Seed funding of $1 million from Eagle Ventures, a Dubai-based fund managed by Adit Mehta and Hitesh Ajmera. Backbay Adviso...
EDB allocates AED 700 million financing package to support SMEs, large caps in five priority sectors
During the third day of the Global Manufacturing and Industrialisation Summit (GMIS) Week that takes place at Expo 2020’s Dubai Exhibition Centre, the Ministry of Industry and Advanced Technology (MoI...
Hayi successfully raises $325,000 in its latest funding round
The UAE’s neighbourhood app, Hayi, has successfully raised $325,000 in its latest funding round. The seed round was led by Sarya Holdings and Falak Startups, with the participation of key angel invest...
LNDDO to lend a helping for the region’s SMEs
LNDDO digital lending is delighted to announce that it is now able to offer significantly more funding for SMEs and allow businesses to access loans twice as fast than ever before.
Foodlink raises $8 million in its Series B funding round
Foodlink, the market leader of the luxury catering and banqueting space in India and UAE, has raised $8 million in its Series B funding round led by Arpit Khandelwal, Managing Partner, Plutus Wealth M...
HyperSpace raises $11million in equity and development seed funding
HyperSpace, a company building the world’s first blockchain-enabled and Extended Reality (XR) native physical attractions, has raised $11 million in equity and development seed funding, a statement re...