Tag: VentureSouq

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.

Visa and Y Combinator-backed Bloom raises $6.5m

Sudan-based Bloom, a FinTech which offers financial products aimed at improving the lives of East Africans, has raised $6.5m in a seed round.

Family FinTech Zenda scores $9.4m

Zenda, a UAE-based FinTech focusses on family finance management, has raised $9.4m in seed funding.

Pakistan-based Abhi said to reach $90m valuation

Pakistan-based FinTech company Abhi has reportedly raised $17m in its Series A funding round, which values the company at $90m.

Pakistan-based Abhi closes investment at a $40m valuation

Abhi, a Pakistan-based FinTech that helps people early access to earned wages, has reportedly raised funding at a $40m valuation.

Verity preps for launch to help families in Middle East educate...

UAE-based FinTech startup Verity has received $800,000 in its pre-seed round, as it prepares for the launch of its family banking and financial literacy app specifically designed for the Middle East.

Mamo Pay said to secure $1.5m as it preps for launch

Mamo Pay, a digital payments app, has reportedly secured $1.5m in its seed round as it gears up for launch.

Payment splitting app goDutch scores $1.7m in its seed round

India-based goDutch, a FinTech app helping to split payments, has scored $1.7m in its seed round.

Mobile payments company QFPay said to raise $20m in funding

Mobile payments solution QFPay has reportedly raised $20m in funding to support its international expansion plans.

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