Careem to offer financial services in cash-based mode in the Middle East via Careem Pay
UAE and MENA's ride-hailing unicorn Careem which was acquired by Uber back in January is reportedly aiming to tap into the financial services sector.
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Mrayti – Jordan-based beauty tech startup expands to Egypt
Mrayti, Amman-based beauty services platform yesterday made the announcement of the commencement of their operations in Egypt
DIFC reaffirms commitment to advancing Fintech ecosystem
DIFC Authority & DIFC FinTech Hive built strong relationships during world’s largest financial technology event in Singapore to boost FinTech sector across MEASA.
Prince Khaled’s KBW Ventures invests in California-based BlueNalu
New investors to this round include KBW Ventures, led by His Royal Highness Prince Khaled bin Alwaleed bin Talal Al Saud.
PAYFORT partners with valU to empower Egyptian consumers with multiple payment options
PAYFORT partners with award-winning Fintech app, valU, to allow a broader range of online merchants to offer a ‘buy now, pay monthly’
Codengines – Dubai-based legaltech startup raises undisclosed amount from Cultiv8
The legaltech startup Codengines software on Wednesday raised funding from Dubai's Cultiv8 to expand into other GCC regions.
Dubai Economy launches Instant Bank Account for new firms & entrepreneurs
Here's to the new synergy developed by the Dubai Economy, a blockchain consortium 'Instant Bank Account' in partnership with the six UAE banks...
Falcon Edge scoops $300 Mn from Abu Dhabi & UAE for its India-focused VC fund
US-based global alternative asset manager Falcon Edge on Tuesday raised a $300 million for its India-focused fund called Alpha Wave Incubation (AWI)
Shuttl – Office commutation app raises INR 24 Cr funding from Japan’s Sojitz
The Gurugram, Haryana, India-based office commutation app Shuttl on Tuesday (18 Feb) raised INR 23.87 Cr in a Series C funding round from Sojitz Corporation
Blume Ventures – India’s VC raises $102 Mn in Fund III to back early-stage startups
Indian early-stage focussed venture capital firm Blume Ventures closes its Blume Ventures Fund III at $102 million to invest in early-stage startups.
Whatfix Raises $32 Mn funding from Sequoia Capital India
California-headquartered Whatfix, a digital adoption platform (DAS) today raised $32 million in a Series C funding round led by Sequoia Capital India
Zvesta, proptech company raises $5.5 Mn from Hindustan Media Ventures Ltd
Zvesta, Proptech Company based in Gurugram has raised USD 5.5 million from Hindustan Media Ventures Limited.