Tag: MENA region

EdfaPay, a Riyadh-based FinTech platform redefining digital payments for small and medium-sized enterprises (SMEs) across the MENA region, has announced the successful closure of its $5m pre-Series A funding round.

DKK Partners, a leading FinTech company specialising in emerging markets and foreign exchange liquidity, has partnered with Seed Group, a company of the Private Office of Sheikh Saeed bin Ahmed Al Maktoum, based in Dubai.

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.

Lendo, a Saudi Arabia-based FinTech company specialising in Shariah-compliant debt crowdfunding, has successfully secured a substantial Series B funding of SAR 105m ($28 million).

Mashreq, a prominent financial institution in the MENA region, has joined forces with Visa, a global leader in digital payments, and ecolytiq, an expert in sustainability solutions. This powerful collaboration aims to roll out a novel climate banking platform, which stands as the first of its kind in both the UAE and the broader MENA region.