Funding

Tamara, Saudi’s ‘Buy Now, Pay Later’ startup scores $6 Mn seed funding from Impact46

Saudi Arabia-based Buy-Now-Pay-Later pioneer Tamara, last week, announced the closing of its $6 million seed round led by Impact46.

Bahrain-based cryptocurrency exchange RAIN, on Sunday announced that the company has raised $6 million in its Series A round led by MEVP.

Qatar-based fintech startup Cwallet, on Sunday, announced that it has raised $220,000 pre-Seed investment from its founders and MBK Holding.

Egypt-based women’s fashionwear brand Opio, on Wednesday, announced that it has raised $300,000 in a seed round from AUC Angels.

Iraq-based last-mile delivery startup Hi-Express, on Wednesday, raised a 6-figure seed funding led by Iraqi Angel Investors Network (IAIN).

India and Singapore headquartered edtech startup Kyt, on Wednesday raised Series A funding round led by UAE-based Alpha Wave Incubation.

Lebanon-based leading music streaming platform Anghami, on Tuesday, raised fresh funds from Dubai-based SHUAA Capital.

Bengaluru, India-based CountingWell, a mathematics-focused edtech startup, last month, raised $1 million pre-Series A round from UAE-based.

Saudi Arabia-based Salasa, a cloud-based turnkey solution for e-commerce businesses, on Monday, raised $8.5 million from AlSulaiman Group.

Dubai, UAE-based car-rental startup Udrive, on Monday, raised $1.3 million from the crowdfunding platform Eureeca, from 186 investors.

Amman, Jordan-based Abjjad, on Tuesday, raised $1 million in its Series A funding round from Rimal Capital, JordInvest and ISSF.

Singapore and San Francisco-based TurtleTree Labs, a biotech startup has raised $6.2 million Pre-Series A from Prince Khaled's KBW Ventures.