UAE’s fintech Foloosi raises $2 Mn Pre-Series A funding
Dubai, UAE-based fintech startup Foloosi, on Monday, raised $2 million in its Pre-Series A funding round led by some angel investors from Abu Dhabi.
Fintech
UK’s fintech startup Revolut enters India, appoints Paroma Chatterjee as CEO
UK headquartered fintech startup Revolut, on Thursday, announced its entry into the Indian market with the appointment of Paroma Chatterjee as the India CEO.
Tamara announces the largest Series A round in MENA, $110 Mn led by Checkout.com
Saudi Arabia-based Tamara, the leading Buy-Now-Pay-Later (BNPL) platform, on Thursday, announced the closing of the largest Series A funding round in MENA of $110 million led by Checkout.com
India’s fintech startup Cred enters unicorn club
India's fintech startup Cred, founded by the veteran entrepreneur Kunal Shah, on Tuesday, entered the unicorn club after raising $215 million from Falcon Edge Capital.
KSA-based fintech startup Hala raises $6.5 Mn Series A from Impact46 and Wamda
Saudi Arabia-based fintech startup Hala, has raised a Series A round of $6.5 million from Impact 46 Growth Fund and Wamda.
Dubai’s fintech startup Invoice Bazaar to be acquired by Singapore’s Triterras Inc.
Dubai, UAE-based fintech startup Invoice bazaar, has lately shared that the company is set to get acquired by Singapore-based Triterras Inc.
KLAIM, UAE’s fintech startup raises $1 Mn seed funding
UAE-based fintech startup, KLAIM, on Tuesday, announced that it has raised $1 million in its seed funding round from TechStars and others.
PolicyBazaar scores $75 Mn funding from Falcon Edge to expand to the UAE
Gurgaon, India-based PolicyBazaar, on Thursday, raised $75 million, led by the US-based hedge fund Falcon Edge Capital for expanding to the UAE.
How Cyprus is boosting its startup ecosystem and innovation to address global challenges
Cyprus has established itself as a growing fintech hub. And to remain competitive, the country is investing heavily in technology and innovation.
baraka unveils commission-free US investment platform for the region with 1 Mn pre-seed round
baraka, a UAE-based fintech startup on a mission to educate, enable and empower millennials, introduced its commission-free mobile trading platform.
Mumbai’s Mswipe launches micro ATM service for SMEs
Mswipe, one of India’s leading fintechs for SMEs, on Monday, launched ATM Express, a micro ATM to allow merchants to offer their PoS.
Razorpay announces ESOP buyback worth $10 million
India's fintech unicorn Razorpay, on Thursday, announced the third employee stock ownership plan (ESOP) buyback worth $10 million.