Riyadh, Saudi Arabia — OCTA, a fintech startup dedicated to transforming accounts receivable management for small and medium-sized enterprises (SMEs), has successfully closed a $2.25 million USD pre-seed funding round. The round was co-led by Quona Capital and Sadu Capital, with participation from Sukna Ventures, Plus VC, 500 Global, and notable angel investors, including Pawel […]
Dubai, UAE – October 10, 2024 – 4Partners, a Dubai-based dropshipping platform, has successfully raised $3.6 million in a funding round aimed at accelerating its entry into the UAE market and driving its regional growth and expansion plans. With this fresh capital, the company is set to empower businesses of all sizes to quickly launch […]
Dubai, United Arab Emirates – Al Fardan Exchange has signed a Memorandum of Understanding (MoU) with Dubai Insurance on behalf of the Insurance Pool, marking a pioneering collaboration that positions Al Fardan Exchange as the first exchange house in the UAE to offer Involuntary Loss of Employment (ILOE) payment claims. This strategic partnership provides customers […]
Dubai, UAE – October 3, 2024: American Express Middle East has announced a strategic partnership with Telr, a leading online payment gateway, to significantly expand its acceptance across Telr’s extensive merchant network. Through this collaboration, American Express will become one of Telr’s aggregation payment service providers in the MENA region, enabling its Card Members to […]
NEW YORK, United States of America, September 27, 2024/APO Group/ — Itana (http://apo-opa.co/4dnuip1), Nigeria’s first licensed digital economic zone management company, and Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent’s leading infrastructure solutions provider, have agreed to jointly develop the first digital economic zone in Africa designed for global and Pan-African technology, finance and service-based businesses to […]
CASABLANCA, Morocco, September 27, 2024 – Network International (www.Network.ae), a leading enabler of digital commerce in the Middle East and Africa, officially announces its establishment in Morocco, furthering its strategic expansion in Francophone Africa. With over 30 years of industry leadership, Network International is committed to accelerating the digitalization of payments in the Kingdom through […]
Riyadh, Saudi Arabia — Amplify Growth Partnership has officially launched a $100 million growth debt fund, aimed at providing debt capital to technology-focused companies across the Middle East, North Africa, and Turkey (MENA) region. The fund is set to bridge the debt capital gap, offering much-needed financial solutions to tech-driven businesses in the Series A […]
LinkedIn has released its highly anticipated annual list of the Top Startups in UAE, spotlighting 10 fast-growing companies that are making significant waves in the UAE’s business landscape. These startups are not only attracting attention from investors and job-seekers alike but are also developing innovative solutions that are poised to shape the future of their […]
Dubai, UAE: Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has announced the launch of its Islamic Account, becoming the first global crypto exchange to offer a Shariah-compliant trading solution. This innovative move marks a significant milestone in the crypto industry, opening new opportunities for Muslim traders worldwide to engage in digital assets while […]
Dubai, UAE – Astra Tech, a leading consumer technology holding group based in the UAE, has announced a strategic partnership with National Bonds, the UAE’s premier savings and investment company. This collaboration is set to provide 9 million Botim users across the UAE with easy access to National Bonds’ innovative savings and investment products directly […]