WafR raises $372,000

Morocco-based WafR, a reward-based loyalty startup that allows users to earn phone recharges while shopping at retail shops has raised...

News • 21 February, 2022

WafR

UAE-based travel marketplace Wego acquires Cleartrip

UAE-based online travel marketplace Wego is set to acquire Cleartrip’s Middle East business in the second half of 2022 for an...

News • 21 February, 2022

Cleartrip Wego Travel

Saudi fintech EdfaPay raises $1.6 million pre-Seed round

Saudi Arabia-based fintech EdfaPay has raised $1.6 million in a pre-Seed investment round, led by Nuwa capital, InspireUs VC, Wallan...

News • 20 February, 2022

EdfaPay Nuwa capital Fintech

Dammam Valley launches BioTech Startups Programme

Dammam Valley has launched the BioTech Startups Programme, in partnership with Imam Abdul  Rahman bin Faisal University, Saudi...

News • 20 February, 2022

Dammam Valley BioTech Startups Programme

Freterium raises $4 million Seed

Morroco-based digital trucking software startup Freterium, has raised $4 million in a Seed round led Partech, with participation...

News • 17 February, 2022

Logistics

Jordan’s Kader raises $400,000 Seed round

Jordan-based online gig platform Kader has raised $400,000 in a Seed funding round, led by The Innovative Startups and SMEs Fund (ISSF)...

News • 17 February, 2022

Kader ISSF

Saudi Grintafy raises $2.1 million Bridge round

Saudi Arabia-based e-sports platform Grintafy has raised a $2.1 million Bridge round with participation from Wa’ed, Alrashed Group...

News • 16 February, 2022

Grintafy Saudi Arabia Sportstech

Qashio raises $2.5 million led by MSA Novo

UAE-based fintech Qashio has raised $2.5 million in pre-Seed funding, led by MSA Novo and supported by Rally Cap Ventures, Palm Drive...

News • 16 February, 2022

Qashio MSA Novo

UAE's digital bank Zand receives fresh funding

UAE-based digital bank Zand has received funding from Franklin Templeton, Aditya Birla Group, Al Hail Holding, Al Sayyah & Sons...

News • 15 February, 2022

Egypt ratifies its Fintech Act

Egypt has ratified its Fintech Act, which regulates the work of fintech companies in Egypt.  As per the new regulations, the...

News • 15 February, 2022

Egypt Fintech

Wasla raises $9 million from Contact Financial Holding

Egypt-based e-commerce platform Wasla has raised $9 million from Contact Financial Holding, formerly Sarwa Capital.  Founded in...

News • 15 February, 2022

E-commerce wasla

MoneyHash raises $3 million pre-Seed funding

US-based Egyptian fintech MoneyHash has raised $3 million in pre-Seed funding, led by UAE venture capital firm COTU Ventures, with...

News • 15 February, 2022

MoneyHash COTU Ventures VentureSouq

TruKKer raises $96 million in Series B

Saudi Arabia-based digital freight network TruKKer, has raised $96 million in a mix of equity and debt for its Series B...

News • 14 February, 2022

Trukker

Dallaspresso raises $212,000

Bahrain-based direct-to-consumer coffee and tea brand Dallaspresso, has raised $212,000 from Hope Ventures, the investment arm of Hope...

News • 13 February, 2022

YallaMarket raises $2.2 million bridge round

UAE-based quick-commerce startup YallaMarket has raised $2.2 million in a bridge round from Doha Tech Angels, Flyer One Ventures and...

News • 13 February, 2022

YallaMarket q-commerce dark stores

Saudi logistics startup RedBox raises $3 million

Saudi Arabia-based logistics startup RedBox has raised SAR 11.5 million ($3 million) in a Seed round led by Vision Ventures with...

News • 13 February, 2022

Logistics Last mile RedBox