Tag: Startup
Saudi Arabia fintech firm Tweeq secures license to offer e-wallet services
The Saudi Central Bank (SAMA) said Tuesday that it has issued an electronic money institution (EMI) license to Tweeq International Financial Company to provide...
Egyptian startup Grinta raises $8 million in seed funding to strengthen technology platform
Egyptian startup Grinta said Monday that it raised $8 million in seed funding led by Raed Ventures and Nclude as the company seeks to...
Egypt’s Telda raises $20 million in seed round led by Global Founders Capital
Telda, an Egyptian consumer money app, raised $20 million in a seed funding round led by Global Founders Capital (GFC) with participation from Sequoia...
Healthtech startup Vezeeta secures funds to fuel growth, bringing total funding close to $90...
Egyptian health-tech startup Vezeeta said Wednesday that it has raised new funding to fuel its growth plans and fund imminent merger and acquisition deals...
Saudi-based logistics startup TruKKer raises $100 million in latest funding round
Saudi-based digital freight network Trukker raised $100 million in a Series C fundraising round led by Bahraini asset management firm Investcorp in what is...
Egypt’s Convertedin raises $3 million in seed round, plans expansion
Convertedin, an Egyptian startup that operates a marketing system for e-commerce brands, raised $3 million in a seed round led by Saudi-based Merak Capital...
Furniture marketplace startup Homzmart raises $23 million to support regional expansion
Egyptian furniture and e-commerce marketplace Homzmart said Monday that it raised $23 million in a Pre-Series B funding round to support the startup’s regional...
Egyptian fintech MNT-Halan acquires e-commerce platform Talabeyah
Egyptian fintech startup MNT-Halan acquired business-to-business (B2B) e-commerce platform Talabeyah for an undisclosed amount as part of the company’s broader strategy to expand its...