Bengaluru’s Avail Finance bags $11.5 Mn from Alphawave and Matrix
Bengaluru's Avail Finance, a micro-lending startup has today raised $11.5 million in from Alphawave Incubation Fund and Matrix Partners.
Funding
Stack Finance – Bengaluru’s finance platform raises seed funding
Bengaluru's millennial-focused finance platform Stack Finance has recently closed a seed funding round of undisclosed sum led by SOSV
Lebanon’s edtech startup Geek Express bags $520K
Lebanon and UAE-based edtech startup, Geek Express has secured $520K in a Pre-Series-A round from National Talents, IM Capital, DHV Partners
Qatar’s Cwallet secures over $500K to facilitate banking via Blockchain
Qatar's cwallet is a fintech startup with the first and only mobile application to facilitate banking via blockchain technology.
Whyise – Jordan’s impact-analytics startup raises seed funding
Jordan-based Whyise, an AI-powered impact analytics startup has recently raised seed investment from Ahli Fintech.
Egypt’s Makwa raises six-figure seed funding
Makwa, Cairo-based laundry startup earlier this week announced that it has raised a six-figure seed investment from an angel investor.
Sehteq – UAE’s health insurance startup scoops $20M from 971 Capital
Dubai-based Sehteq, a health insurance startup has recently raised $20 million from 971 Capital to build its reinsurance vertical.
Saudi’s Pi Flow raises undisclosed funds from SVC
Saudi's Pi Flow, a virtual accounting company has raised undisclosed funds from a group of angel investors and Saudi Venture Capital Company (SVC).
Egypt’s Paymob raises $3.5M from Global Ventures and Dutch Entrepreneurial Development Bank FMO
Cairo, Egypt-based fintech startup Paymob last week raised $3.5 million from Global Ventures and Dutch Entrepreneurial Development Bank FMO
eyewa – e-commerce eyewear player raises $2.5M Pre-Series B Bridge round
UAE's eyewa, an e-commerce player in the eyewear space last week raised $2.5 million from Wamda Capital, EQ2 Ventures and Nuwa Capital
Mumbai’s fintech startup Eduvanz bags $5 Mn from Sequoia India
Eduvanz, Mumbai-based NBFC has raised $5 million in a Series A round led by Sequoia India, with participation from its existing investor, Unitus
iKcon – Dubai’s cloud kitchen startup raises $5 Mn funding
Dubai's cloud kitchen platform iKcon has reportedly raised a whopping $5 million in a pre-Series A round led by Arzan VC, AlTouq Group and Nazer Group.