Tag: Egypt
Egypt’s leading B2B platform Cartona raises $8.1m for market expansion
Cartona, Egypt's pioneering B2B platform, has announced a significant milestone in its journey to transform the traditional trade market in Egypt.
MNT-Halan secures $157.5m to fuel expansion beyond Egypt
MNT-Halan, a standout in Egypt's FinTech landscape and the country’s first unicorn, has recently completed a significant funding round, securing a total of $157.5m.
Dopay secures $13.5m in Series A extension to expand digital payroll...
Dopay, an innovative FinTech player, has recently completed a strategic $13.5m Series A extension round.
FinTech deal activity in MENA halves in 2023 as investors pull...
Key MENA FinTech investment stats in Q1-Q3 2023:
• FinTech companies in the MENA region raised $428m in Q1-Q3 2023, a 75% drop from the...
Egypt’s healthtech star Sehatech secures $850,000 in latest funding push
Egypt-based Sehatech, a trailblazer in the healthtech sector, recently broadcasted its latest successful venture.
Middle Eastern FinTech deal activity held positions in 2022 as global...
Key FinTech investment stats in the Middle East:
• 169 FinTech deal were announced in the region in 2022, a 1.8% drop from 2021
• FinTech...
Egyptian FinTech MNT-Halan closes Middle East’s biggest round in 12 months
Egyptian FinTech platform MNT-Halan has secured $400m in funding, making it the largest investment in Egypt and the Middle East over the past 12 months.
UAE-based open finance platform FinTech Galaxy acquires Underlie
FinTech Galaxy, the first central bank-regulated open finance platform in the Middle East, has acquired Egypt-based open banking platform Underlie.
Egyptian FinTech Blnk scores $32m in funding
Blnk, a FinTech startup that enables instant consumer credit, has raised $32m across equity and debt funding and securitised bond issuance.
Egypt’s MoneyFellows raises $31m for its ROSCA app
Egyptian FinTech platform MoneyFellows, which offers a mobile-based platform to digitise rotating savings and credit associations (ROSCAs), has closed its Series B funding round on $31m.