Iraq’s Teami bags undisclosed amount of funding from KAPITA
Iraq-based Teami, on Tuesday, raised 5-figure investment led by KAPITA - assisted by Iraqi Angel Investor Network.
MENA
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Ebury becomes the first firm to offer regulated money services from DIFC
DIFC, on Tuesday, announced that Ebury, a leading global fintech has been granted a Financial Services licence to provide money services.
UAE’s tabby bags a whopping $23 Mn Series A funding
UAE-based 'Buy Now, Pay Later' fintech startup tabby, on Tuesday, raised $23 million Series A led by Arbor Ventures and Mubadala Capital.
Malaeb, Bahraini football community app joins Vooora sportstech accelerator
Powered by Kooora.com, Vooora Ventures, the first sportstech accelerator in MENA, incubates Malaeb, Bahraini community app for football lovers.
Sigma Fit, Egypt’s techwear startup bags undisclosed funding from Innlife
Cairo, Egypt-based fitness & sportswear startup Sigma Fit, on Friday, raised an undisclosed sum from Egypt's Innlife investments.
TagMango scores seed funding from Y Combinator and US & UAE-based angels
Mumbai-based TagMango, on Friday, raised seed funding from Y Combinator; Twitch's Kevin Lin; US & UAE-based angels, and others.
UAE-based Boxit raises fresh funds from Alif Ba Holding and others
Boxit, a UAE-based proprietary 'valet storage' platform, on Tuesday, announced that it has raised funding from Alif Ba Holding.
AHOY, Dubai’s e-commerce logistics startup raises $2.2 Mn seed funding
Dubai-based e-commerce logistics startup, on Monday, announced that it has closed its ongoing seed funding round at $2.225 million.
FinaMaze, AI-powered asset management firm launches in ADGM, UAE
Abu Dhabi-based FinaMaze announces the launch of its ground-breaking AI-powered Robo Asset Manager for the MENA region.
DIFC FinTech Hive and FinTech-Aviv signs landmark agreement
The agreement outlines partnership opportunities between DIFC FinTech Hive and Israel’s FinTech Aviv, focused on innovation and financial technology.
UAE implements 100% foreign ownership for expat entrepreneurs, primarily Indians
Foreign business owners can own 100 percent of their businesses established in the UAE. The move leverages the skilled manpower of India.
Quiqup, Dubai’s same-day delivery startup raises $5.5m from Delivery Hero
Dubai, UAE-based Quiqup, a same-day delivery startup, on Tuesday raised $5.5 million in a funding round led by Delivery Hero.