News
Zywa closes a $1 million pre-Seed round backed by Y Combinator
Dubai-based fintech Zywa gets backed by Y Combinator and closes a $1 million pre-Seed round for its teen neobank. Besides Y Combinator, the strategic investors from the United States and the Middle Ea...
Ten startups from eight countries in the race for the four-day Siemens MindSphere Future World Series hackathon challenge
Ten start-ups from eight countries are in the race for the four-day Siemens MindSphere Future World Series hackathon challenge that began at Expo 2020 Dubai on Sunday.
Dukkantek officially launched
Dukkantek, the United Arab Emirates first and only revolutionary store management platform, has officially launched to enable traditional merchants and dark stores to compete equally in an evolving di...
iGan Partners joins forces with Faisal Belhoul to launch a US$250 million iGan Arabia regional fund
iGan Partners has joined forces with Faisal Belhoul, a Dubai-based investments professional and entrepreneur, to launch a US$250 million iGan Arabia regional fund to drive MedTech innovation across th...
Hope Ventures co-invest in Lumofy
Hope Ventures, the investment arm of Hope Fund, and investors from the private sector have co-invested in Lumofy, an edtech platform that provides employee training and targeted capacity-building, rai...
JobPixel raises an undisclosed amount in a seed funding round
JobPixel has announced that it has raised an undisclosed amount in a seed funding round from Nama Ventures. As hiring becomes increasingly challenging and time-consuming, JobPixel’s video hiring platf...
Al Tamimi & Company signs a MoU with Bahrain FinTech Bay
Al Tamimi & Company has signed of a memorandum of understanding with Bahrain FinTech Bay – one of the largest and most dynamic FinTech hubs in the Middle East. The agreement reflects the long-stan...
PayBy app tops all mobile apps available in the App Store and Google Play Store
In just under two years since it launched, the PayBy app has achieved No 1 rank among all mobile apps available in the App Store and Google Play Store. PayBy provides an all-in-one mobile payment solu...
CBD has approved a debt financing deal with Postpay
Commercial Bank of Dubai (CBD) has approved a debt financing deal with Postpay, a leading omni-channel Buy Now, Pay Later (BPNL) provider in the Middle East. This inaugural debt financing arrangement ...