Key Middle Eastern FinTech investment stats in Q2 2025:
- Middle Eastern FinTech funding plummeted by 69% QoQ in Q2
- Average deal value dropped to $13.2m as investors grew cautious
- NymCard, the leading embedded finance platform operating across more than 10 countries in MENA, secured one of the biggest Middle Eastern FinTech deals of the quarter with a $33m Series B funding round
Middle Eastern FinTech funding plummeted by 69% QoQ in Q2
Q2 2025 market compared to the previous quarter experienced a slowdown where deal volume fell by 36% from 25 in Q1 2025 to 16 in Q2 2025, while total funding dropped by 69% from $685m in Q1 2025 to $211.1m in Q2 2025.
This indicates a significant pullback in momentum following a particularly strong start to the year.
In Q2 2025, the Middle Eastern FinTech market recorded growth in both deal activity and funding compared to the same quarter last year.
A total of 16 deals were completed in Q2 2025, a 60% increase from the 10 deals recorded in Q2 2024.
Funding also rose sharply, reaching $211.1m in Q2 2025, up 2.2x from the $98.1m raised in Q2 2024.
This strong YoY growth reflects rising investor interest in the region, with capital flowing into a broader set of opportunities.
Average deal value dropped to $13.2m as investors grew cautious
The average deal value in Q2 2025 was $13.2m, down from $27.4m in Q1 2025 but higher than the $9.8m average in Q2 2024.
This reflects a rebound in deal sizes compared to last year, though still significantly below the larger ticket investments seen in the previous quarter.
NymCard, the leading embedded finance platform operating across more than 10 countries in MENA, secured one of the biggest Middle Eastern FinTech deals of the quarter with a $33m Series B funding round
The round was led by QED Investors, alongside participation from existing backers including Lunate, Dubai Future District Fund, Mashreq Bank, Knollwood, Reciprocal, FJLabs, Shorooq and Endeavor, as well as new investor Oraseya Capital.
The company’s proprietary ‘nCore’ platform provides a full-stack, API-driven infrastructure that enables banks, FinTech companies, telecom providers and enterprises to design, launch and scale payment programmes, covering card issuing, transaction processing, embedded lending and real-time money movement.
With over 50 partnerships already established across the region, NymCard is strengthening the backbone of digital payments and embedded finance in MENA, driving financial access, SME growth, and innovation across its three core verticals.
The fresh capital will be used to enhance its payments infrastructure, deepen its presence across the region, and continue enabling the shift towards a digitally integrated financial ecosystem.
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