Groww IPO Day 2: Stock Price Surges Over 50%
Groww’s share price jumps 50% from IPO issue price on Day 2, boosting its market cap near ₹90,000 crore as investor demand remains high.
Fintech
DisrupTech Ventures Invests in Chari, Expands Fintech Footprint Beyond Egypt
DisrupTech Ventures invests in Morocco’s Chari, turning local shops into fintech access points. The fund joins Chari’s board to boost financial inclusion and digital innovation across Africa.
Jeel and Mambu Partner to Accelerate Saudi Arabia’s Fintech Innovation and Enable Banking as a Service (BaaS)
Jeel, the innovation arm of Riyad Bank, joins forces with Mambu to boost Saudi Arabia’s fintech ecosystem through the Jeel Sandbox, advancing Vision 2030 and Banking-as-a-Service.
Doha Bank and PayTabs Group partner to boost Qatar’s Digital Commerce and Cashless Economy
Doha Bank partners with PayTabs Group to strengthen Qatar’s digital commerce ecosystem, empowering SMEs and advancing the nation’s cashless economy vision.
Chari Secures $12 Mn Series A, Becomes Morocco’s First VC-Backed Startup to Obtain Financial Institution License
Morocco’s YC-backed fintech Chari closes a $12M Series A led by SPE Capital and Orange Ventures, marking a national record and a major regulatory milestone with a financial institution license.
Dubai’s fintech UPFRONT raises $10 Million Pre-Seed to tackle SMB cash flow challenges
Dubai fintech UPFRONT raises $10 million pre-seed to solve SMB cash flow inefficiencies in MENA, led by Palm Ventures and SABAH.fund.
Cuzdan LLC Partners with PayTabs Group to Drive Azerbaijan’s Digital Payments Growth
Cuzdan launches nationwide payment orchestration platform powered by PayTabs' technology to boost financial inclusion and unlock opportunities for businesses and consumers.
Saudi Arabia’s fintech startup Bwatech scores $16 Million to Expand Corporate Financial Solutions
Saudi fintech startup Bwatech has raised $16 million in a Sharaka Financial-led round to scale its corporate banking solutions, advance open banking infrastructure, and accelerate Saudi Arabia’s financial sector transformation under Vision 2030.
Saudi Arabia’s Spare Raises $5 Million to Transform Open Banking Across MENA
Riyadh-based fintech will use funding to scale API integrations, enhance product development, and accelerate regional adoption of secure, real-time financial connectivity.
Foodics and Lean Technologies partner to empower restaurants with Open Banking and Cashflow Intelligence
Foodics partners with Lean Technologies to bring Open Banking and cashflow insights to Saudi restaurants, boosting financial visibility and growth.
EazyPay and Tamara Join Forces to Power Seamless Payment Solutions Across the GCC
Bahrain's one of the leading financial institutions Eazy Financial Services (EazyPay), has recently announced a strategic partnership with Tamara, one of the region’s fastest-growing fintech platforms.
UK-based fintech startup Altery secures DFSA Licence to expand in the MENA region
London, United Kingdom-based fintech startup Altery Ltd has officially announced that its MENA-based subsidiary, Altery MENA Ltd.