News

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...

Trusity and ENOC to empower Emirati Youth

Trusity, a leading skill-tech platform and Dubai SME certified incubator, has joined forces with Emirates National Oil Company (ENOC) to empower Emirati students with the skills, knowledge, and mentor...

Africa’s Business Heroes announces Top 10 Finalists

Africa’s Business Heroes (ABH) Prize Competition has announced the Top 10 Finalists of 2025, following the highly contested Semi-Finals held in Dakar, Senegal, on September 10–11, 2025.

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...

New accelerator to empower Tunisian startups

Tunisia’s startup ecosystem has taken a significant leap forward with the launch of the 216 Capital Venture Accelerator, a six-month program designed exclusively for Tunisian startups. Developed by le...

RAKEZ deepens China investment links with four-city tour

RAKEZ (Ras Al Khaimah Economic Zone) has successfully concluded a high-level strategic tour across four major Chinese cities—Shenzhen, Ningxia, Xiamen, and Hangzhou—led by Group CEO Ramy Jallad.

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...

TERN Group raises $24 million led by Notion Capital

TERN Group, an AI-powered global talent mobility platform for healthcare professionals, founded by Dubai-based Avinav Nigam has raised $24 million in a Series A funding round led by UK-based Notion Ca...

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