Tag: GCC

Turkish FinTech Colendi secures $65m funding round led by Citi Ventures

Turkish FinTech startup, Colendi, has successfully raised $65m in fresh funding.

Paymob and Tamara join forces to revolutionise SME payments in GCC

Paymob, a leading financial services enabler in the Middle East, North Africa, and Pakistan (MENA-P), has formed a strategic partnership with Tamara, the premier shopping and payments platform in the GCC region.

Dubai-based cybersecurity firm SpiderSilk secures $9m

SpiderSilk, a Dubai-based cybersecurity AI startup, is making significant strides in the rapidly evolving world of cyber defense.

UAE FinTech NOW Money secures funding to revolutionise remittance

NOW Money, a leading payroll and remittance platform in the UAE, has successfully completed its latest financing round. The recent funding was spearheaded by Dubai-based...

Dubai-based FinTech MALY secures $1.6m pre-seed investment

MALY, the Dubai-based financial wellness platform, has recently wrapped up its pre-seed funding round, amassing an impressive investment of over $1.6m to boost its automated savings app and associated bank-linked card.

Saudi Arabia’s Tamara raises up to $150m from Goldman Sachs

Tamara, a shopping and payments platform in Saudi Arabia and the GCC region, has secured $150m in a receivables warehouse facility from Goldman Sachs.

Saudi Arabia-based VC Emkan Capital closes debut fund

Saudi Arabia-based venture capital firm Emkan Capital has closed its inaugural fund on $31m, as it looks to back technology startups across GCC and broader MENAP regions.

Social investing startup InvestSky picks up $3.4m pre-seed

InvestSky, a social investing platform for retail investors, has secured $3.4m in its pre-seed funding round, to support its mission of making investing more inclusive.

Female-founded neo-bank Savii launches in Bahrain for Gen Z

Savii, a female-founded neo-bank for the unbanked Gen Z segment in the GCC, has launched their loyalty programme app in Bahrain after the close of its pre-seed.

GCC’s first digital bank aimed at migrant workers NOW Money nets...

NOW Money, which claims to be the first digital bank for low-income migrant workers in the Gulf Cooperation Council, has netted $7m in funding.

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