News
MoneyHash completes its pre-seed round to launch its services across MEA
MoneyHash, an Egyptian US-based fintech startup that uses a universal API and a unified checkout experience to help businesses consolidate and grow their payments and financial tech stack across Afric...
AFS GO! launched to support the growth of MSMEs in Bahrain
Arab Financial Services (AFS) has launched a new, digital solution bundle that supports the growth of Micro, Small and Medium Enterprise (MSME) businesses in the Kingdom of Bahrain.
Opontia raises $20M in seed funding
Opontia, a Dubai and Riyadh-based startup that acquires and grows e-commerce brands has raised $20M in seed funding, one of the largest seed rounds in the Middle East and Africa region.
TIER secures $60m of asset-backed financing from Goldman Sachs
TIER has recently secured $60m (AED220 million) of asset-backed financing from Goldman Sachs. The debt facility from the leading investment banking, securities and investment management firm is the fi...
VentureSouq participates in the Series A round funding of Tajir
Tajir, a Lahore-based B2B E-commerce marketplace has raised a $17M Series A round, led by American VC firm Kleiner Perkins, with participation from Y Combinator Continuity Fund, AAVCF, Fatima Gobi Ven...
Pawame secures US$1.7 mil series A funding
Pawame has announced that it has successfully secured US$1.7 mil in grant commitments, plus US$750k in equity including $250k from Launch Africa. The company has also announced that it is now launchin...
Urban Company values at $2.1 billion with Series F funding of $255 million
Urban Company has raised Series F funding of USD 255 million led by Prosus Ventures, Dragoneer and Wellington Management, with participation from Vy Capital, Tiger Global and Steadview. With this late...
Wa’ed invests $500,000 in FalconViz
The entrepreneurship arm of Saudi Aramco has invested a further $500,000 in a Saudi drone operator to help scale its operations to expand overseas, it was announced on Wednesday.
Lenovo and Power League Gaming announces the launch of the Miss Esports League
Building on the success of the Miss Esports platform – a Lenovo and Power League Gaming (PLG) initiative for more inclusive gaming, the duo today announces the launch of the Miss Esports League, a MEN...