Dubai’s fintech startup Invoice Bazaar to be acquired by Singapore’s Triterras Inc.
Dubai, UAE-based fintech startup Invoice bazaar, has lately shared that the company is set to get acquired by Singapore-based Triterras Inc.
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.
KLAIM, UAE’s fintech startup raises $1 Mn seed funding
UAE-based fintech startup, KLAIM, on Tuesday, announced that it has raised $1 million in its seed funding round from TechStars and others.
zVendo, Egyptian e-commerce enabler raises 6-figure seed funding
Cairo, Egypt-based e-commerce enabler zVendo, on Tuesday, announced that it has raised a six-figure seed funding round led by EFG EV Fintech.
Bonat, KSA’s customer engagement platform raises seed funding from Impact46
Saudi Arabia-based customer engagement platform, Bonat, on Wednesday, raised seed funding led by Impact46, with participation from SVC and angels.
PolicyBazaar scores $75 Mn funding from Falcon Edge to expand to the UAE
Gurgaon, India-based PolicyBazaar, on Thursday, raised $75 million, led by the US-based hedge fund Falcon Edge Capital for expanding to the UAE.
UAE’s GrubTech scores $3.4 Mn Pre-Series A funding
Dubai, UAE-based GrubTech, an all-in-one SaaS platform for cloud kitchens and delivery-centric restaurants, raised $3.4 million funding.
baraka unveils commission-free US investment platform for the region with 1 Mn pre-seed round
baraka, a UAE-based fintech startup on a mission to educate, enable and empower millennials, introduced its commission-free mobile trading platform.
Koinz, Egyptian foodtech raises $4.8 Mn seed funding led by Justin Mateen, Tinder founder
Egypt-based foodtech startup Koinz, on Monday, raised $4.8 million in its seed funding round led by Tinder founder Justin Mateen.
Storytel strengthens its position in MENA via Kitab Sawti – merges Arabic services
Kitab Sawti/Storytel team will offer the world’s largest audiobook library in Arabic to subscribers in MENA, under the consumer brand Storytel.
Deliveroo announces £16 Mn ‘Thank You Fund’ for riders ahead of potential IPO
UK's foodtech unicorn Deliveroo, has recently announced that the company expects to give £16m of payments as part of a Thank You Fund.
Istanbul’s Dream Games raises $50 Mn from Index Ventures and existing investors
Istanbul, Turkey-based Dream Games, a mobile gaming startup, on Monday, raised $50 million in a Series A round led by Index Ventures
Bahrain’s Brinc, Tamkeen, Batelco invest in Turkey’s smart city startup AREYtech
Bahrain's Brinc MENA, IoT and hardware accelerator; Tamkeen Fund; and Balteco, a telecom company have injected $53K in Turkey-based AREYtech.