Fintech

Weekly Roundup – Top startup news you ought not to miss [Sep 28 – Oct 04]

Weekly roundup, featuring the top startup news and stories from MENA and India published on LAFFAZ from September 28 to 04 October, 2020.

Egypt-based fintech startup Flick, that offers peer-to-peer app that digitizes the cross-border money transfer, raises $1 million pre-seed.

Mumbai, India-based Financepeer on Tuesday, 29 September 2020, raised $3 million from Jaipur's MS Fincap, UAE's Danube, and more.

Egypt's fintech startup Kashier Payments on Sunday (20 September 2020) has raised an undisclosed amount of seed capital from Glint Ventures.

Jordan's AB Ventures, and DASH Ventures took part in the $31M strategic capital raise for the US-based fintech startup Veem.

Bengaluru-based wealth management platform, Groww has raised $30 million from Y Combinator’s growth stage fund, YC Continuity, and more.

Dubai Startup Hub partners with Startup India and Mumbai Fintech Hub to launch Dubai Tech Tour - welcoming 15 Indian fintech & heathtech startups

Protiviti Member Firm for the Middle East Region, a global consulting firm, builds a strategic alliance with Dubai's fintech startup Monimove.

The e-commerce arm of India's fintech giant Paytm, Paytm Mall is denying reports claiming its data breach by a known hacker 'John Wick'

Bengaluru's Avail Finance, a micro-lending startup has today raised $11.5 million in from Alphawave Incubation Fund and Matrix Partners.

Bengaluru's millennial-focused finance platform Stack Finance has recently closed a seed funding round of undisclosed sum led by SOSV

Qatar's cwallet is a fintech startup with the first and only mobile application to facilitate banking via blockchain technology.