Tag: Saudi Arabia

COGNNA secures $2.25m in seed funding led by IMPACT46

COGNNA, a trailblazer in cybersecurity within the Middle East and North Africa (MENA) region, has completed a seed funding round, amassing over $2.25m.

Saudi FinTech Tabby achieves $1.5bn valuation after latest fundraising

Saudi Arabia's Tabby, a leading buy-now-pay-later firm, is making headlines with its recent valuation and funding accomplishments.

Xoxoday and resal partner to revolutionise employee engagement in Saudi Arabia

Xoxoday, a prominent and loyalty solutions provider, has entered into a strategic partnership with resal in a bid to foster market growth in Saudi Arabia.

Hong Kong, Saudi Arabia forge partnership for FinTech innovation

The Hong Kong Monetary Authority (HKMA) and the Saudi Central Bank (SAMA) have recently initiated a partnership.

Saudi Arabia-based group savings FinTech Hakbah nets $2m

Hakbah, a Saudi Arabia-based FinTech savings platform, has secured $2m in its pre-Series A funding round, as it looks to bolster its presence in the country.

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.

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