News
Ash Games raises $1.5 million to drive global expansion
Saudi Arabia‑based game development studio Ash Games has raised a $1.5 million Seed round, co‑led by Merak Capital and Impact46 through the Merak Gaming Fund, marking a major step in its ambition to s...
Khalifa Fund & Hub71 host first MZN Hub71 Demo Day
Khalifa Fund for Enterprise Development (KFED) and Hub71 hosted the first MZN Hub71 Demo Day, bringing together the inaugural cohort of 17 Emirati founders who presented startups developed through the...
Tally Solutions fully Accredited Service Provider in UAE
Tally Solutions today announced that it has been officially listed as a fully Accredited Service Provider (ASP) by the UAE Ministry of Finance. The milestone reinforces Tally’s commitment to sup...
NeuralKart raises $243K seed to scale AI‑driven Insurtech
Indian AI-Insurtech startup NeuralKart has raised approximately $ 243,000 (INR 2.35 Cr) in its seed round led by Inflection Point Ventures. NeuralKart is building the decisioning layer for risk: AI th...
Orange Money & MEICO to develop InsurTech services
Orange Money, the e-wallet owned by Orange Jordan, and Middle East Insurance Company (MEICO) are partnering to develop insurance services and products that offer an innovative, easily accessible digit...
African fintech M-KOPA surpasses 10 million customers
M-KOPA, the pan-African fintech, has reached 10 million customers across its 5 African markets. From its first solar sale in 2012, reaching 1 million customers took 8 years. Since its entry into smart...
Sheraa backs 60+ startups with AED 5M resilience fund
Sharjah Entrepreneurship Center’s (Sheraa) Entrepreneurs Resilience Fund (ERF) has announced AED 5 million in support for more than 60 startups and SMEs, reinforcing Sharjah’s commitment to helping fo...
Fina secures $75M from Fasanara to finance Saudi SMEs
Fina, the fintech arm of Saudi-based company SILQ, has secured a US$75 million (SAR 282M) Shariah-compliant facility from Fasanara Capital, a London-based global investment manager.
SVC invests in SEEDRA Ventures Fund II
Saudi Venture Capital (SVC) has announced its investment in SEEDRA Ventures Fund II, a venture capital fund managed by SEEDRA Ventures, an entity licensed by the Capital Market Authority of Saudi Arab...