TUNISIA – PAYDAY, a Tunisian fintech and insurtech startup, has successfully closed its first pre-seed financing round led by UGFS North Africa (United Gulf Financial Services), with participation from TALYS Group and BioProtection SA, valuing the company at $3 million. Founded in 2024 by Mohamed Anouar Gadhoum and Shaher Abbas, PAYDAY connects insurers, banks, and […]
Casablanca, Morocco: Chari, the YC-backed startup founded in 2020 by husband-and-wife duo Ismael Belkhayat (ex-BCG) and Sophia Alj (ex-McKinsey), has closed a $12M Series A round—the largest Series A ever raised in Morocco. The round was led by SPE Capital and Orange Ventures, with participation from Verod-Kepple, Global Founders Capital, Plug and Play, Endeavor Catalyst, […]
UAE-based legaltech startup Oqood has raised $1 million in seed funding from a group of angel investors, marking a key milestone in the company’s mission to accelerate digital transformation in the legal sector. Founded by Khaled Al Rasheed, Oqood builds AI-driven legal solutions designed to streamline workflows and improve efficiency for law firms and corporate […]
This partnership will empower local clinic owners and medical staff to retain ownership and independence while gaining access to NABTA’s hybrid care model, corporate health integrations, and Metric’s cutting-edge financial intelligence. Together, we’ll equip 1,000+ clinics over 5 years with the tools to operate more efficiently, transparently, and profitably, ensuring that care remains patient-centred and […]
The company now reaches customers in over 100 countries through its omnichannel platform, spanning e-commerce and physical retail Saudi Arabia will be the first GCC market where Touché Privé opens flagship stores, in partnership with one of the Kingdom’s leading retail groups Focused on women aged 20–45, the brand delivered 102% year-on-year growth in 2024, […]
Funding to back AI-powered platform to transform airport and airline operations with smarter, safer, and more sustainable solutions, while accelerating product portfolio extension and expanding EMMA’s global footprint MENA: EMMA Systems, an AI-driven SaaS platform that unifies real-time operational data across airports, airlines, and aviation stakeholders to drive efficiency, predictability, and sustainability, announced today, an investment […]
Singapore — Sriwijaya Capital, a Southeast Asia-focused private equity firm, founded by prominent Indonesian business leader, Arsjad Rasjid, has signed a Memorandum of Understanding (“MoU”) with Abu Dhabi-based BlueFive Capital to form a strategic alliance aimed at strengthening capital flow between the Gulf and Southeast Asia. The partnership will focus on building a South-to-South investment corridor, […]
Established by Temasek and DBS, the private credit fund aims to provide flexible debt financing solutions to growth-stage companies in the GCC’s emerging innovation hubs. Dubai, UAE – EvolutionX Debt Capital, a growth-stage debt platform established by Singapore’s Temasek and DBS Bank (Southeast Asia’s largest bank by assets), has announced its entry into the Gulf Cooperation […]
Tokinvest, the regulated marketplace for real-world asset (RWA) tokenisation, today announces three major milestones: receipt of the first full multi-asset issuance licence from Dubai’s Virtual Assets Regulatory Authority (VARA), the complete sale of its first tokenised racehorse, and the close of a $3.2 million pre-seed funding round. With its licence in hand, Tokinvest is now […]
Dubai, UAE — October 1, 2025 — Dubai-based fintech startup UPFRONT has secured a $10 million pre-seed round, a mix of equity and debt allocation, to tackle one of the most persistent pain points for small and medium-sized businesses (SMBs) in the MENA region, which is cash flow inefficiencies. The round was led by venture […]