London, 12th May 2026 – Paymentology, the leading global issuer-processor, today announced a $175 million investment co-led by Apis Partners (”Apis”), a private equity firm specialising in financial infrastructure and services, and Aspirity Partners (“Aspirity”), a pan-European Private Equity firm focused on Financial Technology & Services and Enterprise Technology & Connectivity Services. The investment will support Paymentology’s continued global […]
Beltone VC and UAE’s Citadel International Exit Bosta with 75% IRR in Fifth Successful Exit Since 2023
Beltone Venture Capital and UAE-based Citadel International Holdings’ joint fund have successfully exited Bosta, delivering an outstanding 75% IRR. This milestone marks another significant achievement in the fund’s investment journey and reinforces the strength of strategic partnerships, disciplined execution, and value creation. The transaction represents the fifth successful exit for Beltone Venture Capital since its […]
SHUAA Capital Partners with Key Capital to Advance Venture Capital Secondaries Market Across MENA and EMEA
Dubai, UAE – SHUAA Capital psc (DFM: SHUAA), a pioneer in regional financial services with a history spanning over four decades, and Key Capital Ltd, the region’s first dedicated venture capital secondaries asset manager, today announced a strategic partnership to support the development of the venture capital secondaries market across MENA and EMEA. Key Fund I […]
CredibleX announces Series A round with Mubadala as lead investor to accelerate SME financing in the UAE
Abu Dhabi, UAE: CredibleX today announced its Series A funding round led by Mubadala Investment Company, an Abu Dhabi sovereign wealth fund, with participation from existing investor Further Ventures as part of a broader USD 15 million equity raise. CredibleX is a UAE-based SME licensed lender specialising in providing small and medium-sized enterprises (SMEs) with […]
Saudi healthtech startup Madeed closes $925K pre-seed to scale personalised preventive healthcare in KSA
Madeed, a Saudi platform specialising in preventative personalised healthcare, has secured additional pre-seed funding from SEEDRA Ventures, Unity Investment Partners, and Seen Growth. This funding is part of the investment round previously announced by the platform, which also included Vision Ventures and a group of Saudi investors, including Mashhour Al-Dubayan, Mazen Al-Darrab, and Abdullah Elias. […]
Led by Moroccan Founders Davis AI Raises $5.5 Million Pre-Seed to Accelerate Real Estate Development with AI
Davis AI, a proptech startup focused on transforming early-stage real estate development and architectural design, has emerged from stealth with a $5.5 million pre-seed funding round. The round was led by Heartcore Capital and Balderton Capital, with participation from Yellow, Evantic Capital, and a group of angel investors. Founded with the vision of addressing inefficiencies […]
SIIN SECURES NEW FUNDING, BRINGING TOTAL CAPITAL TO $3M TO SCALE LIVE COMMERCE IN THE GCC
Turning real-time, social experiences into high-value transactions and delightful customer experiences across the Gulf MENA – May 05, 2026: Siin, the fastest-growing live shopping marketplace in MENA, today announced new funding, bringing its total capital raised to $3 million. The round was led by VentureSouq and Shift Group, with participation from Plus VC, Oqal, […]
UAE-based gifting marketplace Udora Raises $10 Million to Accelerate Middle East Expansion, Eyes Saudi Launch in Q3 2026
Dubai, UAE – Udora, the global gifting marketplace formerly known as Flowwow, has closed a $10 million private round and relaunched under a new brand. The round will go toward market expansion, with the Saudi Arabia launch scheduled for Q3 2026, including product catalogue expansion, deep localisation, technology, and AI-powered personalisation. Founded in 2014 and headquartered […]
Shorooq Backs South Korean Chazm in $10.3mln deal to redefine vehicle ownership through data-driven lifecycle management
Abu Dhabi, UAE — Shorooq, a leading multi-strategy investment firm, today announced its investment in the Series A funding round of Chazm, a South Korea-based automotive fintech platform transforming how vehicles are leased, managed, and redistributed across their lifecycle. The round, led by Stonebridge, with Shorooq’s participation, also saw backing from leading financial and strategic investors including […]
OGold secures strategic investment from Silicon Valley’s Plug and Play Ventures to scale global & silver ecosystem
Dubai, United Arab Emirates: OGold, the UAE’s premier Shariah-compliant gold and silver-backed Super App, has secured a strategic investment from Plug and Play Ventures, the venture capital arm of a world-leading innovation platform and startup accelerator headquartered in Silicon Valley, which connects high-growth companies with global corporations, investors, and strategic opportunities to scale internationally. This institutional […]
