Tag: Saudi Arabia

Saudi BNPL company JeelPay, a specialist in education-focused financing solutions, has successfully raised SAR 25m ($6.6m) in a Pre-Series A investment round.

InvoiceQ, a Jordan-based SaaS company specialising in e-invoicing and integration solutions, has successfully raised $1.2m in its pre-Series A funding round.

Mastercard, a global payment solutions leader, and Fundbot, a UAE-based FinTech specialising in supply chain financing, have partnered to accelerate B2B payment flows across various industries.

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.

Pemo, a leading Dubai-based spend management platform, recently announced securing $7m in Pre-Series A funding.

Manigo, a prominent London-based fintech infrastructure platform, today announced its acquisition by Invex Ventures, a seasoned investor in the FinTech sector.

Barq, a pioneering FinTech startup from Saudi Arabia, has joined forces with the global financial services giant, Mastercard.

Resal, the prominent Saudi Arabia-based e-gifting platform, has successfully raised $9m in a Series A funding round.

Najm for Insurance Services Company, a Saudi-based provider of comprehensive insurance solutions, has announced a new telematics initiative aimed at improving road safety across Saudi Arabia.

Comfi, a UAE-based FinTech company founded in 2023 by Alisher Akbarov, Amal Abdullaev, and Sanjar Samiev, has recently secured a substantial $5m debt facility from an undisclosed Abu Dhabi-based private family office.