FinTech
Explore the FinTech revolution sweeping through the Middle East. Our roundup brings you the latest news, insights, and analysis on the cutting-edge financial technologies transforming the way we bank, invest, and manage finances.
Kredit Secures EGP 50 Million in Debt Financing from National Bank of Egypt
Kredit raises EGP 50 million to support SME lending in Egypt and North Africa. The funding will enhance Kredit’s technology...
Konnect Raises $1.3 Million Seed Funding from Founders Factory Africa
Konnect secures $1.3 million seed funding from Founders Factory Africa, boosting its digital platform connecting businesses and individuals in West...
Egyptian Fintech SETTLE Secures $2 Million pre-Seed Funding to Accelerate Market Launch
SETTLE secures $2 million pre-seed funding led by Shorooq Partners, aiming to modernize B2B payments and financial operations for Egyptian...
UmrahCash Secures $500,000 Investment from Adaverse to Enhance Pilgrimage Experience
UmrahCash, a Riyadh-based fintech startup, secured $500,000 in funding to address financial challenges faced by pilgrims from developing nations through...
Paymob Raises $22 Million in Series B Extension, Expanding Presence in MENA
Paymob raised a $22 million Series B extension round, bringing total Series B funding to $72 million, led by EBRD...
UAE Fintech FlapKap Raises $34M in Pre-Series A Round to Boost SME Financing
FlapKap, a UAE-based fintech platform, raised $34 million through debt and equity in pre-series A funding round, increasing its total...
GlobalPay Raises Seed Funding to Expand Digital Payment Platforms
GlobalPay, a UAE-based holding company, secured seed funding on September 1, 2024, to drive its expansion, though the exact amount...
Tarabut’s Acquisition of UK-Based Vyne Sets New Standards in Fintech
Tarabut has acquired Vyne, a London-based real-time account-to-account payments platform, enhancing its capability to offer faster and more interconnected financial...
Ziina Secures $22M in Series A Funding, Leading UAE’s Fintech Revolution
Ziina raised $22 million in Series A funding, led by Altos Ventures, to expand its services from payments to a...
Dubai-Based FinTech Biptap Raises $2M Pre-Seed Funding
Biptap recently secured $2 million in pre-seed funding from notable investors, including web3 funds and tech firms. Biptap provides a...
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