OCTA, a UAE-based fintech platform streamlining financial operations for SMEs, has announced the closing of a $20 million credit facility from the Sukna Fund for Direct Financing (SFDF). The funding will enable OCTA to embed short-term working capital financing directly into its platform, offering seamless credit access to small and medium-sized enterprises across the Kingdom. […]
UAE’s SaturnX Raises $3M Seed Round to Build Stablecoin-Powered Infrastructure for Global Remittances
UAE based SaturnX, the infrastructure provider for stablecoin-based cross-border payments, closes a $3 million seed round. The round was led by White Star Capital, with participation from strategic institutional investors. The company enables businesses and financial institutions to move money globally through an API-first platform that leverages stablecoin liquidity, smart FX routing, and regulatory-compliant payout […]
Flat6Labs KSA, Glint Ventures back Darwinz AI with $325K in first ever institutional funding round
Saudi-Egyptian startup Darwinz AI raised USD 325k in a seed funding round led by Flat6Labs KSA and Glint Ventures. The round marks the company’s first institutional funding round after having until now been bootstrapped by its co-founders, co-founder Mohy Aboualam. Darwinz AI? Founded in Egypt in 2021 by Emad Elazhary and Mohy Aboualam, Darwinz AI is a startup that […]
Dubai-Based Prop-AI Secures $1.5 Million in Pre-Seed Funding to expand real estate investment platform
Funding will fuel its regional data integration, advance its AI and machine learning capabilities, forge key partnerships and the launch of new tools for real estate professionals across the MENA region and beyond. MENA – Prop-AI, the AI-powered platform revolutionizing how people discover, evaluate, and purchase real estate, has successfully closed its pre-seed funding round, securing […]
Egypt’s DisrupTech Ventures backs Nigerian agri-fintech startup Winich Farms
Lagos, Nigeria – DisrupTech Ventures, one of Egypt’s leading early-stage fintech funds, has announced its first pan-African investment in Nigerian startup Winich Farms, a fast-growing Agri-Tech that is transforming access to markets and credit for smallholder farmers across Nigeria. The investment forms part of Winich’s Pre-Series A round. Lagos-based Winich is addressing the most pressing challenges […]
Egypt’s Octane Secures $5.2mln to Expand Digital Fleet Expense Platform Across MENA
The new capital will accelerate the expansion of Octane’s acceptance network, deepen its technology stack and support the company’s growth across Egypt and the wider Middle East and North Africa (MENA) region. Cairo, Egypt: Octane, Egypt’s leading digital platform for fleet and on-road expense management, has raised US $5.2 million in a funding round led by […]
French-Lebanese fintech XFOLIO secures $2mln seed investment from MEVP
XFOLIO, a next-generation wealth and treasury management platform, announced today the successful close of its $2 million Seed round, fully funded by Middle East Venture Partners (MEVP). The investment will accelerate XFOLIO’s product development, market expansion, and strategic partnerships across MENA and Europe. Founded in 2024 by serial entrepreneur Anis Rahal – previously founder of TreasuryXpress (acquired […]
Berlin-based FinTech Payrails raises €27.7mln to Scale payment platform across Europe and MENA
Berlin, Germany – June 12, 2025 — German FinTech startup Payrails, a global payment software company, has raised €27.7 million in a Series A funding round to accelerate product innovation, scale its platform, and support commercial growth across EMEA. The funding round was led by HV Capital’s Growth Fund, with participation from existing investors EQT […]
Abu Dhabi-based proptech eVoost AI secures seed funding from Qora71
eVoost AI, an Abu Dhabi-based proptech founded in 2024 by Cristian Pastrana, raised seed funding from Qora71, marking the syndicate’s first lead investment. The startup uses emotional profiling and behavioural segmentation to deploy AI-powered virtual agents for real estate buyers, offering tailored property suggestions and analytics. Funds will go toward the global expansion of its […]
Turkey’s AI Startup VenueX Raises $1.2M to Expand into UAE and Saudi Arabia
Istanbul, June 2025 — VenueX, an Istanbul-based AI startup, has secured USD 1.2 million in a bridge funding round led by Singapore-based Orbit Startups. Other participants in the round include Re-Pie, Akkök Holding, and Akyasam. The funding will be used to fuel the company’s expansion across the Middle East and North Africa (MENA) region, with […]