Dubai’s fintech UPFRONT raises $10 Million Pre-Seed to tackle SMB cash flow challenges
Dubai fintech UPFRONT raises $10 million pre-seed to solve SMB cash flow inefficiencies in MENA, led by Palm Ventures and SABAH.fund.
MENA
Startup News and Stories fostering insights into various sectors (Fintech, Edtech, Logistics, etc.) of MENA (Middle East & North Africa) – majorly Abu Dhabi, Dubai, UAE, Saudi Arabia, Egypt, Bahrain, Lebanon, Palestine, and Qatar among others.
Cuzdan LLC Partners with PayTabs Group to Drive Azerbaijan’s Digital Payments Growth
Cuzdan launches nationwide payment orchestration platform powered by PayTabs' technology to boost financial inclusion and unlock opportunities for businesses and consumers.
Saudi Arabia’s fintech startup Bwatech scores $16 Million to Expand Corporate Financial Solutions
Saudi fintech startup Bwatech has raised $16 million in a Sharaka Financial-led round to scale its corporate banking solutions, advance open banking infrastructure, and accelerate Saudi Arabia’s financial sector transformation under Vision 2030.
Saudi Arabia’s Spare Raises $5 Million to Transform Open Banking Across MENA
Riyadh-based fintech will use funding to scale API integrations, enhance product development, and accelerate regional adoption of secure, real-time financial connectivity.
Foodics and Lean Technologies partner to empower restaurants with Open Banking and Cashflow Intelligence
Foodics partners with Lean Technologies to bring Open Banking and cashflow insights to Saudi restaurants, boosting financial visibility and growth.
UAE-based Armoir Secures $500K Seed to Disrupt Premium Luggage Sector
UAE-based Armoir bags $500K seed funding to expand into Europe & MENA, targeting the premium luggage market projected to hit US$75B by 2031.
Riyadh’s OmniOps and California’s Groq Join Forces to Scale AI Deployment in Saudi Arabia
OmniOps and Groq join forces to deploy sovereign, high-performance AI infrastructure across key Saudi sectors in alignment with Vision 2030 and national data strategy.
UAE’s CE-Ventures Joins $100 Million Funding Round for U.S. Nuclear Startup Aalo Atomics
The UAE’s CE-Ventures has joined global investors in Aalo Atomics’ $100M Series B, backing modular nuclear technology aimed at powering the AI-driven energy future.
Riyadh-based Gathern Raises $72 million Series B Funding Ahead of IPO
Gathern raises $72M Series B, valued at $266M, to expand Saudi Arabia’s top vacation rental platform, supporting Vision 2030 tourism growth and IPO plans.
Salasa’s $30 Million Bet to Transform Saudi E-commerce Logistics
Salasa’s $30M bet leverages AI to streamline Saudi e-commerce logistics, riding Vision 2030’s growth and fixing fulfillment fragmentation in the Gulf region.
Riyadh’s Jahez Lands $40 Mn Shariah-Compliant Credit Facility from NBB
Riyadh-based Jahez secures $40M Shariah-compliant credit facility from NBB, posts Q2 profit dip, and expands GCC with Snoonu acquisition.
Reboot Launches Groundbreaking AI Education Programs in Bahrain to Prepare Youth with Next-Generation Tech Skills
Bahrain's Reboot Coding Institute launches AI programs to train professionals and youth in next-gen skills, driving innovation across key sectors.