Startup News and Featured Stories fostering insights to various sectors (Fintech, Edtech, Logistics etc.) of MENA (Middle East & North Africa)

  • Qatari fintech Cwallet scores $220K Pre-Seed funding from MBK Holding

    Qatar-based fintech startup Cwallet, on Sunday, announced that it has raised $220,000 pre-Seed investment from its founders and MBK Holding.

  • Opio, Egyptian women’s fashion brand scores $300K seed funding from AUC Angels

    Egypt-based women’s fashionwear brand Opio, on Wednesday, announced that it has raised $300,000 in a seed round from AUC Angels.

  • Hi-Express, Iraqi last-mile delivery startup raises seed funding from Iraqi Angel Investors Network

    Iraq-based last-mile delivery startup Hi-Express, on Wednesday, raised a 6-figure seed funding led by Iraqi Angel Investors Network (IAIN).

  • [Exclusive] Knowledge Officer launches ‘Tech Fellowship’ to upskill next tech generation in MENA

    London-based edtech startup Knowledge Officer, on Wednesday, in a statement to LAFFAZ, announced the launch of its Tech Fellowship program

  • ZoodPay, ‘Buy Now, Pay Later’ fintech solution provider appoints Martin Muransky as CEO

    ZoodMall last month launched its fintech arm Zoodpay, and on Tuesday announced the appointment of Martin Muransky as CEO of Zoodpay.

  • DIFC and Candriam partners to offer free-to-access accredited training platform for sustainable and responsible investing

    DIFC Academy has partnered with Candriam Academy to offer the world’s first free-to-access accredited training platform for sustainable and responsible investing

  • Bahrain FinTech Bay and Israel’s FinTech-Aviv join forces to boost development of financial technology

    Bahrain FinTech Bay (BFB) and the FinTech Association of Israel – FinTech Aviv (FTA) have recently signed an agreement

  • Kyt, India’s edtech startup raises $5 Mn Series A led by UAE’s Alpha Wave Incubation

    India and Singapore headquartered edtech startup Kyt, on Wednesday raised Series A funding round led by UAE-based Alpha Wave Incubation.

  • Lebanese Anghami raises fresh funding from Dubai’s SHUAA Capital

    Lebanon-based leading music streaming platform Anghami, on Tuesday, raised fresh funds from Dubai-based SHUAA Capital.

  • Bengaluru-based CountingWell raises $1 Mn from UAE’s DPS and Interstar

    Bengaluru, India-based CountingWell, a mathematics-focused edtech startup, last month, raised $1 million pre-Series A round from UAE-based.

  • [Exclusive] temtem One Super App now allows diaspora to pay for goods & services for their relatives in Algeria

    Algerians living abroad can now order groceries or shopping items, and get them delivered directly to their relatives’ homes in Algeria.

  • SRTI Park launches Sharjah Angel Investors Network (SAIN)

    The Sharjah Research, Technology and Innovation Park (SRTI), last week announced the launch of Sharjah Angel Investors Network (SAIN).

  • Iraq’s Switch partners with Switzerland’s Zoodmall to offer “Buy Now, Pay Later” facility

    Iraq-based financial services company Switch has recently announced a strategic partnership with the Switzerland-based Zoodmall.

  • Logistics startup Salasa bags $8.6 Mn from AlSulaiman Group

    Saudi Arabia-based Salasa, a cloud-based turnkey solution for e-commerce businesses, on Monday, raised $8.5 million from AlSulaiman Group.

  • Dubai’s UDrive raises $1.3 Mn in ongoing Series A round

    Dubai, UAE-based car-rental startup Udrive, on Monday, raised $1.3 million from the crowdfunding platform Eureeca, from 186 investors.