Tags Saudi Arabia

Tag: Saudi Arabia

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.

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...

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.

Investment firm Manafa lands $28m Series A

Manafa, a Saudi Arabian debt and investment firm, has scored $28m in a Series A round co-led by STV and Wa’ed Ventures.

Saudi Arabia-based Tweeq gets e-money licence

Saudi Arabia-based Tweeq, which aims to help consumers manage their money, has received an e-money licence from the Saudi Central Bank (SAMA).

Retail enablement company Zid closes Series B

Saudi Arabia-based Zid, which stylises itself as a retail enablement company, has raised $50m for its Series B funding round.

Saudi Arabia’s erad raises $2.4m for alternative financing service

erad, which offers Middle East-focused alternative financing platform for businesses, has raised $2.4m in funding.

UAE-based digital bank YAP collects funding ahead of expansion into Saudi...

 UAE-based digital bank YAP has reportedly collected $41m in fresh funding, with plans to expand into Saudi Arabia.

Saudi Arabia-based crowdfunding platform Funding Souq secures $2.5m

Saudi Arabia-based crowdfunding platform Funding Souq has raised $2.5m in its seed round, which was backed by a host of angel investors.

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