Funding

Flick, Egypt’s fintech startup secures $1 Mn Pre-Seed funding

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

Ma’an, a Ghadan21 accelerator programme initiative, on Tuesday, 29 September 2020, launched its first digital funding platform.

UAE-based healthtech startup company Mango Sciences on 30 September 2020 raised an undisclosed amount of funding from UAE's Spartech Ventures.

Dubai-based meekd.com, a global search engine, on Tuesday 29 September 2020, secured seed funding from Xmovies, and an angel investor.

Hyderabad's electric vehicle manufacturer E-Trio on Tuesday, 29 September 2020, raised $3 million Series A from Singapore's various HNIs.

Iraq's e-commerce platform Miswag on Tuesday, 29 September 2020, raised seed funds from Euphrates Iraq Fund, and Shwan Ibrahim Taha.

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

Cairo, Egypt-based La Reina on Monday (28 September 2020) raised six-figure seed funding round from 500 Startups, Algebra Ventures and more.

Weekly roundup, featuring the top startup news and stories from MENA and India published on LAFFAZ from 20 to 27 September, 2020.

Lebanon's edtech startup Synkers raises $1.8 million Pre-Series A funding round led by Dr. Lama and Dalia Al Sulaiman, with 500 Startups.

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

Egyptian virtual assistant platform Elves on Sunday (20 September 2020) raised $2 million from Sawari Ventures and some undisclosed investors