News
Ziina secures $7.5 million in its latest funding round
Ziina, the UAE’s first Peer-to-Peer (P2P) payment application, which is backed by Y-Combinator (YC), announced its latest funding round of $7.5 million. The round which closed in May 2021 will help th...
Saudi Arabia to hold an hackers event in November
Saudi Arabia will make a bold entry onto the global tech stage later this year with a ground-breaking, mega cybersecurity event that will bring together the world’s best hackers and trainers in the Ki...
Saudi based startup Red Sea Farms raises $10 million
Saudi Arabia based AgTech startup, Red Sea Farms today announced that it has been able to raise $10 million investment today a group of leading Saudi and UAE investors. The startup has developed one-o...
Boksha secures $1 million in seed round
Boksha, an Emirati founded tech start-up, has secured $1 million from a group of investors, which includes Sandooq Al Watan and family offices.
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...