Riyadh’s Jahez Lands $40 Mn Shariah-Compliant Credit Facility from NBB
Riyadh-based Jahez secures $40M Shariah-compliant credit facility from NBB, posts Q2 profit dip, and expands GCC with Snoonu acquisition.
Riyadh
Silicon Valley’s General Catalyst Leads $67.5 Mn Series-B Round for Saudi’s Fintech Lean Technologies
Silicon Valley-based General Catalyst, on Monday led a whopping $67.5 million Series-B round for the Riyadh-based fintech startup Lean Technologies.
retailo – Saudi Arabia’s eB2B startup supercharging retail supply chains across MENAP
retailo’s mission is to enable the 10 million SMEs concentrated in MENAP region by empowering them with its technology and real-time data.
Saudi’s Penny Software secures $1.35 Mn seed funding from Wamda and others
Riyadh, Saudi Arabia-based SaaS startup, Penny Software on Monday raised $1.35 million seed funding from Wamda, Class 5 Global, and others.
Thobi – Riyadh’s e-commerce platform raises $650K in seed funding from ABN Ventures
Riyadh, Saudi Arabia-based Thobi, an e-commerce platform that sells customised thobes for men has reportedly raised SAR 2.5 million from ABN Ventures
Lean Technologies – Riyadh-based fintech startup scoops $3.5 Mn seed funding
Riyadh, Saudi Arabia-based Lean, a fintech platform today announced that it has raised $3.5 million in a seed round from RAED Ventures
Riyad Bank launches new fintech fund of $26.6Mn
Riyad Bank on Tuesday launched its digital partnership program, with an investment of SR100 million ($26.6 million) investment fund for fintech startups.
Saudi’s Edtech Startup Noon Raises $8.6 Million to Expand Operations
Noon's funding marks the biggest investment in the whole MENA edtech industry. The funding will be used to expand operations and crack new markets...