FinTech
Abhi secures $15 Million in debt financing
Abhi, a leading fintech company driving financial inclusion for employees and SMEs throughout the MENAP region, has secured $15 million in debt financing led by Shorooq Partners and Amplify Growth Par...
Octa raises $2.25mln to automate accounts receivable and empower SMEs
OCTA, a fintech startup focused on revolutionizing accounts receivable management for small and medium-sized enterprises (SMEs), announced the close of its $2.25 million USD pre-seed round. The round ...
SNB Capital leads SAR 65mn series A funding for Malaa Technologies
SNB Capital, the largest asset manager and investment bank in the region, has announced its role as lead investor in a series “A” investment round of SAR 65 million for Malaa Technologies,...
24 Fintech to redefine the global financial ecosystem
Saudi Arabia’s position as a major fintech hub will take a stride forward tomorrow when the new three-day 24 Fintech summit and exhibition opens at the Riyadh Front Exhibition & Conference Centre.
South African fintech Omnisient raises $7.5 million from Arise
South African fintech startup Omnisient has raised $7.5 million in Series A funding from Arise, a company that invests in African financial service providers and fintechs that advance financial inclus...
PostEx secures $7.3 million to consolidate its market leadership in Pakistan
Pakistan’s leading fintech startup PostEx announced the successful closure of its $7.3 million pre-Series A funding round that was led by Conjunction Capital and other investors including Dash Venture...
Mastercard and Scale to accelerate market deployment for fintech’s
Mastercard has partnered with Scale, an issuer orchestration partner, to accelerate market deployment for fintech companies across Africa and the Middle East. The collaboration will alleviate key tech...
UAE-based fintech Yuze raises $30 million investment
In a significant move for the fintech landscape in the United Arab Emirates, the UAE-based startup Yuze has successfully raised $30 million in a recent investment round led by Osten Investments.
Mozn named among World’s Top FinTech Companies in the world
Mozn has been recognized as one of the Top 250 FinTech Companies globally by CNBC and Statista, a leading statistics firm. This marks the second consecutive year Mozn has been awarded this prestigious...