Tag: Middle East

Hubpay, a digital wallet platform for the Middle East market, has closed its seed funding round on an undisclosed amount.

Hot on the heels of signing a new partnership with Klarna in March, Wirecard has now inked a new deal with Visa to help the payment giant bolster the Visa Fintech Fast Track programme in the Middle East.

US-based DriveWealth will give access to its digital trading technology to UAE-based WealthTech company Wealthface.

Egyptian FinTech Khazna has announced that it has raised seed money in a new round led by venture capital firm Algebra Ventures.

Modus Capital, a hybrid venture capital firm, has released its first regional fund with $75m at its disposal.

AIG MEA has partnered with UAE-based InsurTech Democrance to better serve its existing customers and move into new market segments.

Yallacompare, a comparison platform for financial products in the Middle East, has raised $8m in a new funding round.

A15 has sold a 76 per cent stake in UAE-based TPAY Mobile to Helios Investment, for an undisclosed amount.

Automated investment advisory solution Sarwa has collected $1.3m in its pre-Series A funding round.

Maliyya, a Sharia compliant P2P financing and investing platform, has closed a $1.3m seed round from Ground1 Ventures.