UAE real estate investment platform Stake raises US$8 million
UAE digital real estate investment platform Stake has secured over US$8 million in an oversubscribed pre-series A funding round.
Teen-focused UAE fintech Zywa raises US$3 million
UAE fintech Zywa, a teen-focused startup that’s re-imagining banking for Gen Z in MENA, has completed a seed funding round of US$3 million.
Enhance Ventures launches $30m fund to invest in FinTech and commerce in Middle East
Enhance Ventures has launched a $30 million Builders Fund to invest in new initiatives in the areas of finance technology and commerce in the Middle East.
Is Fintech dead? Ha! Half a billion raised globally just last week!
Is fintech dead? Just last week there was over US$566 million invested in fintech and insurtech companies from around the globe.
FinTech Pemo Snags $12M in Seed Funding
Dubai-based FinTech Pemo has raised $12 million in a seed funding round that it will use for continued product development and expansion.
One in every four investment deals in Middle East goes to fintech: Report
One in four Middle East investment deals was made in the fintech sector, pulling nearly 30% of all the funding raised during the year.
Dubai fintech Mamo raises $8 million for its digital wallet and payments platform
Dubai fintech Mamo, a digital wallet and payments platform, raises $8 million in its latest Pre-Series A funding round.
UAE-based fintech NOW Money secures $7m to expand digital banking solution
NOW Money, the GCC’s first digital banking solution for low-income migrant workers, has secured $7m in funding led by Anthemis Exponential Ventures.