Saudi’s Buildnow raises $9.4 million seed for its construction material financing platform
Riyadh-based fintech Buildnow has raised $9.4 million in a seed round led by Raed Ventures and Khwarizmi Ventures, it announced on Tuesday...
Unifonic launches a $15 million fund to invest in B2B SaaS startups in MENA, Turkey & Pakistan
Unifonic, the leading Communications Platform as a Service (CPaaS) startup of the region, is launching a $15 million fund, it announced at...
Dubai’s RemotePass raises $5.5 million Series A to grow its all-in-one platform for remote workers
Dubai-based SaaS and fintech startup RemotePass has raised $5.5 million in a Series A round led by Turkish VC 212, it announced...
Salla’s partial exit spells big win for Saudi’s Vision Ventures with a 225x return
Vision Venture, a Saudi venture capital firm that invests in early-stage startups across the Middle East & North Africa, has exited a...
Saudi ecommerce enablement platform Salla raises $130 million in pre-IPO round
Makkah-headquartered ecommerce enablement platform Salla has raised $130 million in a pre-IPO round led by Investcorp, a Bahrain-based global investment firm, and...
MoneyHash raises $4.5 million seed to grow its ‘payment operating system’ for Middle East & Africa
Cairo-born fintech MoneyHash has raised $4.5 million in a seed round led by Dubai’s COTU Ventures and Saudi’s Sukna Ventures, it announced...
Tabby launches a $13 monthly subscription to let customers pay for anything in four installments
Riyadh-headquartered buy-now-pay-later platform Tabby is expanding its offerings with the launch of a monthly subscription service that would allow users to pay...
Amir Farha’s COTU Ventures closes $54 million for debut fund to write early checks for MENA founders
COTU Ventures, a Dubai-based VC firm, founded by Amir Farha, has closed its inaugural fund with $54 million, it announced in a...
Qatar to launch a billion-dollar fund of funds to invest in regional and international VC funds
Qatar Investment Authority, the sovereign wealth fund of Qatar is set to launch a VC fund of funds to invest over $1...
Crypto exchange Rain now supports debit and credit card buys in UAE
Rain, one of the leading cryptocurrency exchanges in the Middle East, now allows its users in the United Arab Emirates to buy...
- Microsoft invests $1.5 billion in UAE-based AI holding company G42
- Saudi’s Penny Software raises fresh funds to grow its procurement SaaS platform
- STC Bank launches private beta following approval from Saudi Central Bank
- Saudi’s Kitchenara raises $380,000 to build a TikTok for food delivery
- Bahrain’s Ahlan raises $3 million for its food delivery and customer loyalty platform
