Dubai, UAE — October 1, 2024 — Podeo, the world’s largest podcast distribution platform, today announced the completion of a $5.4 million Series A funding round. Led by Oraseya Capital, the VC arm of Dubai Integrated Economic Zones Authority, with participation from Ibtikar Fund, Cedar Mundi Ventures, Samarium, iSME, and returning investor Razor Capital, the […]
Kuwait – September 26, 2024: Bazzar Gate, a leading e-commerce platform in Kuwait, has successfully secured $1 million in funding to enhance and expand its innovative e-commerce solution, Partners. The platform, launched in January 2024, is designed to enable aspiring entrepreneurs to create fully functional e-commerce dropshipping businesses in just three minutes. With a current […]
Userguest, a Moroccan startup founded in 2018 that helps hotels optimize their direct revenues, has successfully raised EUR 2.2 million (US$2.4 million) in a seed funding round to fuel its rapid expansion and drive product innovation. The funding round was led by Al Mada Ventures and included participation from prominent investors such as CDG Invest, […]
Dubai, UAE – Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa, and Türkiye) region, has launched a new initiative enabling customers to invest in the UAE equity markets with zero transaction fees. This move aims to stimulate the growth of domestic stocks and bolster economic development within the country. Aligned […]
Seez, a leading UAE-based automotive SaaS company, has announced securing a $4.2 million investment to fuel its ambitious expansion into the United States market. Renowned for its proprietary technology, Seez has developed a diverse portfolio of AI-driven solutions, including Seezar, an AI chatbot designed to revolutionize customer interactions within the automotive industry. As one of […]
Cairo, Egypt – September 11, 2024: Paymob, a leading fintech company in the Middle East and North Africa (MENA), has announced the successful completion of a $22 million Series B extension round, bringing the total Series B funding to $72 million. The round was led by EBRD Venture Capital, with participation from Endeavor Catalyst, and […]
UAE-based fintech platform FlapKap has successfully raised $34 million in a funding round combining debt and equity, bringing its total funding to $37.6 million. The fundraising round was led by BECO Capital, with participation from new investor Pact VC. Existing backers, including A15, Nclude, and QED Investors, also joined the round, alongside debt financing provided […]
Dubai, UAE – September 3, 2024 – Ziina, the UAE’s leading financial platform for consumers and businesses, has successfully raised $22 million in a Series A funding round, marking a significant milestone in its mission to transform financial services in the region. The round was led by US-based Altos Ventures, with participation from top-tier investors […]
Abu Dhabi, UAE – Hulexo, the Abu Dhabi-based award-winning ERP provider specializing in solutions for small and medium-sized retail stores, has successfully secured Seed investment from Arzan Venture Capital (Arzan VC). This investment underscores Arzan VC’s continued commitment to nurturing early-stage tech startups. Hulexo is the fourth company to receive backing from Arzan VC’s Fund […]
Dubai, UAE – Yuze, a UAE-based FinTech company specializing in financial services for SMEs, e-traders, and freelancers, has successfully raised $30 million in a recent funding round led by Osten Investments. This substantial investment is set to drive Yuze’s ambitious expansion plans, with the company aiming to serve one million SME and professional customers within […]