ZabonEx, a predictive analytics startup revolutionising how Food & Beverage (F&B) businesses manage product distribution, has announced the closing of a $100,000 pre-seed investment round led by Future Fund Oman and ITHCA Group. The funding marks a significant milestone in ZabonEx’s mission to help F&B companies sell more and waste less through smart, data-driven solutions. […]
Lime Consumer Finance, the largest platform for education financing in Egypt and a wholly owned entity of First Abu Dhabi Bank Group in the UAE, has officially launched in the fintech ecosystem, with a specialised focus on educational financing as its first strategic entry point. Licensed by Egypt’s Financial Regulatory Authority (FRA), Lime offers structured, […]
Led by Shorooq and Cherry Ventures, with strategic investments from e&, and Mubadala Investments, qlub aims to expand its global footprint and enhance its innovative payment solutions. Dubai, UAE – qlub, the ultra-fast payment system in restaurants, has become ubiquitous across Dubai’s vibrant dining scene. Following its runaway success in the UAE, qlub has announced […]
Zvilo, a working capital lender committed to bridging the global trade finance gap, has today announced the expansion of its debt facility with long-standing capital partner Fasanara Capital – a London-based, owner-managed investment management company. The facility has been increased to up to €75 million, building on an initial commitment from Fasanara in October 2022. This new […]
Abu Dhabi, UAE – Ovasave, a Hub71 FemTech startup focused on fertility and hormonal health, has successfully completed its pre-seed round, raising $1.2 million from a mix of regional and international investors. The round was led by PlusVC, Annex Investments, and New York-based 25 Madison, with additional backing from UAE and Saudi-based strategic angel investors and […]
Moroccan superapp ORA Technologies has closed its Series A round at $7.5 million, led by Azur Innovation Fund and joined by three strategic local investors. This brings ORA’s total local fundraising since January 2023 to a record $11.9 million. Founded in 2023 by Omar Alami, ORA app offers multiple features, including P2P transactions, an e-commerce platform, […]
With support from Plus VC and global angel investors, Egypt’s first incentivized, goal-based saving platform leverages behavioral tech and embedded finance to help users turn life goals into financial outcomes Cairo/MENA: July 15, 2025: PALM, Egypt’s first fintech startup offering incentivized goal-based saving, has announced today that the company has successfully closed its pre-seed funding […]
Fremont, CA/Abu Dhabi, United Arab Emirates: Water Harvesting Inc. (WaHa) announced the close of an $8 million Series A-1 financing and corporate reorganization. The round was led by Chairman Mike Phillips and Board member Christian Thirion, with participation from WaHa’s largest noteholders and investors including Berkeley Catalyst Fund, Anthropocene Institute, Vestafund, and Mitsui Mining & Smelting […]
UAE-based icogz, a business intelligence platform, has raised $1.4 million in pre-seed funding from angel investors in the UAE and India. Founded in 2018 by Amit Tripathi and Vrutika Dawda, icogz is a business intelligence platform that mines intelligence from a brand’s data and delivers insights using algorithms and technology. Funds will support product development, expand the Aryabot AI […]
Egypt-based property technology (PropTech) platform Nawy has acquired a majority stake in SmartCrowd, a Dubai-based fractional property investment platform, marking its entry into the UAE market and broader GCC expansion. Acquisition details However, the company did not disclose other details, including the cost of acquisition. Backed by e&, Nawy’s latest move follows its $52 million Series A fundraising […]