
UAE’s tabby bags a whopping $23 Mn Series A funding
UAE-based 'Buy Now, Pay Later' fintech startup tabby, on Tuesday, raised $23 million Series A led by Arbor Ventures and Mubadala Capital.
News and stories from the ever-growing startup ecosystem of the United Arab Emirates (UAE) – the startups, investors, whopping funding rounds, and everything in between.

UAE-based 'Buy Now, Pay Later' fintech startup tabby, on Tuesday, raised $23 million Series A led by Arbor Ventures and Mubadala Capital.

Mumbai-based TagMango, on Friday, raised seed funding from Y Combinator; Twitch's Kevin Lin; US & UAE-based angels, and others.

Boxit, a UAE-based proprietary 'valet storage' platform, on Tuesday, announced that it has raised funding from Alif Ba Holding.
![Weekly Roundup – Top startup news you ought not to miss [23 Nov – 29 Nov]](https://laffaz.com/wp-content/uploads/2020/11/weekly-startup-news-23-29-nov-768x402.jpeg)
Here’s to this week’s news roundup, featuring the top startup news from MENA and India published on LAFFAZ from 23 Nov to 29 Nov.

Abu Dhabi-based FinaMaze announces the launch of its ground-breaking AI-powered Robo Asset Manager for the MENA region.

Foreign business owners can own 100 percent of their businesses established in the UAE. The move leverages the skilled manpower of India.

Dubai, UAE-based Quiqup, a same-day delivery startup, on Tuesday raised $5.5 million in a funding round led by Delivery Hero.

UAE-based F&B startup Fruitful Day, on Thursday raised AED 3 million (around $817K) via Eureeca, an equity crowdfunding platform.

UAE-based legal-tech software editor, App4Legal, on Monday raised Pre-Series A funding from Betatron and Dubai Angel Investors.
![[Startup Launch] UAE's Fenix, micro-mobility startup launches with $3.8 Mn seed funding](https://laffaz.com/wp-content/uploads/2020/11/uae-fenix-micro-mobility-funding-768x402.jpg)
Micro-mobility startup, Fenix, on Wednesday launched in the UAE, post-raising seed capital of $3.8 million from Israel's Maniv Mobility.

Swethal Kumar, CEO of StartupScale360, in light of his experience, spoke about the UAE startup ecosystem at the ITU Global Innovation Forum.
![[Exclusive] Immensa Technology Labs makes the largest additive manufacturing (3D Printing) investment in Saudi Arabia](https://laffaz.com/wp-content/uploads/2020/11/exclusive-immensa-technology-labs-makes-the-largest-additive-manufacturing-3d-printing-investment-in-saudi-arabia-768x402.jpeg)
UAE-based Immensa Technology Labs on Tuesday, announced its foray into the Saudi market through the acquisition Shakl3D and LayLabs.