Cairo: Beltone Venture Capital has announced the successful partial exit from BirdNest, delivering a 3.5x return on invested capital and an 80% internal rate of return (IRR) over a two-year holding period. The partial exit was executed across Beltone Venture Capital’s direct stake and its indirect stake through the joint fund with UAE-based Citadel International Holdings, […]
HUMAIN has made a strategic investment in Saudi AI company MOZN, combining HUMAIN’s full AI stack with MOZN’s enterprise AI products and Forward Deployed Engineering expertise to accelerate secure, production-scale AI deployments for financial institutions as well as public sector organizations. This investment marks one of the first made through HUMAIN Ventures and represents HUMAIN’s […]
UAE-based Web3 rewards startup Bundle has emerged from stealth after securing $5.5 million in a pre-seed funding round led by Ethereal Ventures and Further Ventures, with participation from Nascent, GSR, Scenius Capital, Anchorage Digital, and Nuwa Capital. Founded by Bader Al Kalooti and Mostafa Wanas, Blockchain Bundle is developing a blockchain-powered rewards platform designed to […]
UAE-based Epic Markets has secured $10 million in a Pre-Seed funding round, with Karatage participating as the exclusive investor, to accelerate the development of its institutional-grade multi-asset brokerage platform for retail investors. Founded in 2026 by Kevin Kimmel and Brian Seegers, Epic Markets aims to transform the retail trading experience by bringing the execution quality […]
Yango Group, the UAE-based technology company, has invested in Egypt’s Fincart through its corporate venture fund, Yango Ventures, as part of the AI-powered e-commerce operations platform’s oversubscribed $2.8m seed funding round. The investment will support Fincart’s product development, team expansion, and new commercial partnerships as the company prepares to expand into additional markets across the […]
Kuwait City – As part of its strategy to expand and diversify its investment products and offerings, Gulf Capital Investment Company K.S.C.C. “InvestGB”, the investment arm of Gulf Bank, announced that it has received preliminary approval from the Capital Markets Authority to establish the Al Bader KD Islamic GCC Equity Fund, a Sharia-compliant investment fund […]
Tokenization, or the process of turning stocks and other real-world assets into digital tokens, KAIO is fast bridging the worlds of crypto and mainstream finance, and now sovereign wealth funds want in on the action. On Thursday, the Abu Dhabi-owned fund Mubadala Capital announced a partnership with Coinbase and infrastructure provider KAIO to offer a […]
Doha, Qatar: SkipCash, one of Qatar’s leading digital payments companies, today announced that it has secured a strategic investment from Qatar International Islamic Bank (QIIB), marking a significant milestone in the company’s growth journey and reinforcing its long-term vision of building the next generation of digital payment infrastructure for Qatar and the wider GCC. The investment […]
How institutional controls and policy-driven execution could bridge the gap between exploration and responsible deployment The Challenge: From Exploration to Responsible Deployment As banks, payment companies, Gravitas Protocol stablecoin issuers, and investment firms explore blockchain-based settlement, the main challenge is moving from early exploration to responsible deployment. Institutions want the speed and programmability of digital […]
London/Riyadh – Fina, the embedded finance platform of Saudi-based B2B enablement and fintech ecosystem SILQ, has secured a US$75 million (SAR 282M) Shariah-compliant facility from Fasanara Capital Ltd (“Fasanara”), a London-based global investment manager with approximately US$6 billion (SAR 22.5B) in assets under management. The facility will support Fasanara Capital’s continued growth of embedded working […]