Tag: MENA FinTech

Cairo-based FinTech Munify, which focuses on cross-border digital banking solutions for Egyptians living abroad, has secured $3m in a seed funding round.

Alaan, a MENA-based FinTech firm offering AI-driven financial operations tools for businesses, has raised $48m in its Series A funding round. The round was led...

Dubai-based Prop-AI, an AI-driven PropTech company transforming how individuals and institutions navigate the property market, has raised $1.5m in pre-seed funding.

Stitch, a Saudi Arabia-based FinTech company, has raised $10m in seed funding to support its mission of transforming how financial and non-financial institutions build banking and payment products.

Dubai-based Qashio, a B2B spend management platform, has closed a $19.8m funding round as it sets its sights on entering the Saudi Arabian market.

ElGameya, a leading FinTech platform based in Egypt, has successfully closed a 7-figure USD funding round to boost the development of its digital savings and lending platform.

Qardy, the first digital lending marketplace in Egypt and the MENA region, has successfully closed a seven-figure pre-seed investment round.

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...

NymCard, a pioneer in payment infrastructure in the MENA region, has finalised the acquisition of Spotii, a BNPL firm.