Seed funding
Blnk raises $32million to accelerate financial inclusion
Blnk has raised $23.7 million in equity and debt funding, and $8.3 million in securitized bond issuance to accelerate financial inclusion within underserved communities across the country. The funds w...
Egyptian startup Kenzz raises US$3.5 million in seed funding
Kenzz, the mass e-commerce solution bringing reliable online shopping to the mass market in Egypt and MENA, announces it has completed a US$3.5 million seed fund raise.
Nigerian fintech startup, Grey raises $2 m in seed funding
Grey, a fintech started by two Nigerians to simplify sending and receiving foreign payments for Africans, has raised $2 million in seed funding. The service offered by Grey enables its customers to ha...
Hub71 teen-focused fintech startup Zywa raises $3million in seed funding
Zywa, a teen-focused fintech startup re-imagining banking for Gen Z in the Middle East and North Africa, has announced a seed funding round of US $3 million. The startup, which is part of Hub71, Abu D...
Egyptian startup BONBELL seeks $10 m in seed funding
After closing $350,000 initial funding round from an Canadian angel investor, Egyptian startup BONBELL is now looing to raise $10 million in seed funding.
Farm-to-retailer platform Produze receives $2.6 seed fund
Produze, a platform for bringing agri producers and international retailers together, raises $2.6M in Seed financing led by Accel with participation from All In Capital, and founder/CEOs of Ninjacart,...
Fine Diner secures $150K in Seed Funding
Dubai-based food delivery company, Fine Diner, has secured $150K in Seed funding. Founded in 2019, Fine Diner Inc. develops food delivery brands. The Fine Diner business model eliminates the risk of l...
Riyadh-based C2C marketplace, Soum raises $4 million
Riyadh-based C2C marketplace, Soum has successfully raised $4 million in seed funding led by Outliers Venture Capital and Mazen Aljubeir. The round also included participation from Khwarizmi Ventures,...
Alaan raises $2.5M in seed funding
Alaan announced it is coming out of stealth mode with an imminent launch after raising $2.5M in seed funding. The startup is the Middle East’s first multi-currency spend management platform enab...