Source: Forbes Dubai-based self-storage provider The Box has raised $12.5 million in debt financing from investment firm Shorooq, according to a statement issued Thursday. Expanding self-storage solutions The new capital will support the construction of a new self-storage facility in Dubai, bringing The Box’s total debt funding to $31.5 million through various credit facilities since […]
DUBAI, United Arab Emirates – MANTRA Finance FZE (MANTRA), a leading decentralized finance (DeFi) platform operated by MANTRA Group, today announces it has successfully obtained a Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Assets Regulatory Authority (VARA), to operate as a Virtual Asset Exchange, as well as provide Broker-Dealer and Management and Investment Services. This […]
UAE’s Blum raised $5 million in a pre-seed and seed round. The round was led by gumi Cryptos Capital, Spartan, No Limit Holdings, YZi labs and OKX Ventures. Blum is a decentralised trading platform that operates via Telegram. With the funding, it aims to enhance its infrastructure, improve trading functionalities, and expand its operations across […]
As a multi-regulated, cross-continental digital investment platform with 55,000 users from 72 countries, Eureeca paves the way for more international investor participation in UAE IPOs Eureeca to offer a simplified three-click investment process for international, regional and local investors for 2025 IPOs, including the highly anticipated Etihad Airways IPO Dubai, United Arab Emirates: Eureeca, a UAE-headquartered […]
Tunisia-based P2P fashion marketplace Dabchy has raised a pre-Series A funding round led by Janngo Capital and angel investors for an undisclosed value. Founded in 2016 by Ameni Mansouri, Ghazi Ketata and Oussama Mahjoub, Dabchy is an e-commerce marketplace for second-hand fashion. The startup plans to use the investment to expand into new markets, including […]
Dubai, United Arab Emirates: Mastercard and Tamara, one of the leading fintech platform in the GCC for shopping, payments, and banking, are collaborating to launch a new virtual card in the UAE to strengthen the split payment ecosystem. A report by Ken Research highlights that the transaction value for flexible payment services in the UAE […]
Dubai, UAE/Hong Kong — Tokinvest, a leading marketplace for real-world asset tokenisation, and HKVAX, a virtual asset trading platform, have announced a landmark partnership aimed at transforming global digital asset markets. By strategically linking Hong Kong’s established financial infrastructure with Dubai’s rapidly expanding virtual asset ecosystem, this alliance paves the way for a new era of tokenised investments. […]
Madica has announced an $800,000 pre-seed investment in four African startups, allocating $200,000 to each company. The recipients of the funding include Medikea (Tanzania), Motherbeing (Egypt), Pixii Motors (Tunisia), and ToumAI (Morocco), all operating in high-growth sectors such as healthcare, female tech, electric mobility, and artificial intelligence. Egypt’s Motherbeing, a femtech startup, leverages AI to […]
Dubai, UAE – Checkout.com, a leading global digital payments company, is advancing its collaboration with Visa to launch Visa Direct’s Push-to-Card solution for cross-border and domestic transactions in the UAE. Checkout.com is now the first acquirer in the UAE to offer the Push-to-Card solution, empowering merchants and consumers with real-time money transfer capabilities. Visa Direct is […]
Dubai, UAE: Mashreq, one of the leading financial institutions in the MENA region, has announced a collaboration between its business banking arm and NEO PAY, the UAE’s fast-growing digital payments leader, to launch its Point-of-Sale (PoS) lending solution, tailored for NEO PAY’s SME merchants in the UAE. This initiative will pave way for merchants to meet […]