Hubpay – UAE-based digital wallet solution raises seed funding
Dubai's Hubpay, a digital wallet solution for remittances has recently raised seed funding from Signal Peak Ventures, with participation from Falcon Network.
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.
Basma.ai – Bahraini tech startup offering free services to hospitals & public institutions amid COVID-19
Bahrain-based Basma.ai has recently announced that it is offering its services free to all hospitals and public institutions amid COVID-19 crisis.
Palestinian Tawazon raises seed funding from Ibtikar Fund
Palestine-based startup Tawazon that offers guided meditation through its mobile app has raised an undisclosed amount from Ibtikar Fund
Egyptian Pravica raises $500K from 500 Startups
Cairo, Egypt-based Pravica today raised $500,000 in a Pre-Seed round led by 500 Startups with participation from Modus Capital and DYRES Venture.
Dubai’s EMPG acquires Thai online retailer Kaidee
Dubai-based online classified group Emerging Markets Property Group (EMPG) last week announced that it has acquired Thai's largest online marketplace Kaidee.
Lebanese music streaming platform Anghami pledges $3 Mn to support SMEs amid COVID-19
The leading music streaming platform of the Middle East, Anghami, revealed that it is running an initiative to support SMEs and artists amid the COVID-19 crisis.
Mumm – Egyptian FoodTech Startup raises funding from Alex Angels
Cairo, Egypt-based footech startup Mumm has recently made the announcement of its Pre-Series A round closed with Alex Angels.
Dubai’s Axeed labs announces $272K launchpad for startups & SMEs
Dubai, UAE-based Axeed labs has launched a $272,000 SME and Startup Tech Launchpad campaign as a response to COVID-19 and ahead of Ramadan.
Itilite – Bengaluru-based SaaS startup raised $13 Mn from Greenoaks & Dubai’s Vy Capital
Bengaluru based software-as-a-service (SaaS) startup Itilite that focuses on business travel on April 18 raised $13 million from Greenoaks and Dubai's Vy Capital.
Startupbootcamp FinTech Dubai Second Cohort Raises $2.8m and Signs over 40 Proof of Concepts in DIFC
Startupbootcamp FinTech Dubai second cohort completes its accelerator program featuring 10 start-ups - raising $2.8 Mn & raising over 40 Proof of Concepts in DIFC.
![[Exclusive] Amsterdam-based entrepreneurs launch the global ‘COVID 19 Blockchain Fund’ to synergise Cryptocurrency for COVID-19 relief](https://laffaz.com/wp-content/uploads/2020/04/amsterdam-entrepreneurs-launch-global-covid-19-blockchain-fund-cryptocurrency-768x402.jpg)
[Exclusive] Amsterdam-based entrepreneurs launch the global ‘COVID 19 Blockchain Fund’ to synergise Cryptocurrency for COVID-19 relief
One of such blockchain or crypto-based COVID-19 funds is the COVID 19 Blockchain Fund that aims to support the most affected nations.
[Exclusive] LimeTray – offering 30% discount on its Online Delivery Solution for Restaurants in the Middle East amid COVID-19
LimeTray will waive-off the set-up fee and also provide 30 percent discount to the restaurants in all Middle East countries including UAE, Egypt, Saudi Arabia, Lebanon, Qatar, and Kuwait...