MENA Beehive
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In historic SPAC transaction, Egyptian lending startup Qardy acquired
Catalyst Partners Middle East has acquired Egyptian digital lending startup Qardy in the nation’s first-ever special purpose acquisition company (SPAC)…
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Tunisia’s waterTech startup Kumulus Water raised $3.5 M Seed funding
Tunisia-based WaterTech startup Kumulus Water, which turns air into safe drinking water, has closed a $3.5 million seed funding round…
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With particular emphasis on Saudi Arabia, Stride Ventures expands in GCC
In a striking signal of the Middle East’s rapid financial maturation, Stride Ventures, a leading player in the global venture…
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Qatar’s ShipBee raised $235K Pre-seed funding from GrowthX
ShipBee, an innovative & AI-powered one-stop-shop digital logistics marketplace providing end-to-end logistics solutions, incubated & supported by the mobility incubator…
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To increase SME credit availability in MENA, Arab Fund invests in Shorooq’s Nahda Fund II
In a strategic move to bridge the financing gap for small and medium enterprises (SMEs) across the Arab world, the…
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On Shark Tank, Bloomspoon receives $218,000 investment
Bloomspoon, the Dubai-born startup reshaping eco-friendly consumer goods, has announced a major milestone after securing an AED 800,000 investment offer…
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With 25 percent market share in consumer finance, Valu set to launch EGX
U Consumer Finance S.A.E. (“Valu”), the leading universal financial technology powerhouse in Egypt, announced today its intention to proceed with…
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To expand its services to emerging markets, Stitch raised $10 M Seed funding
Stitch, the unified platform for launching and scaling financial products, today announced the successful closing of a $10 million seed…
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Qashio fast-tracks Saudi Arabian expansion by closing $19.8 M round
Qashio, the Dubai-headquartered B2B spend management platform with operations and clients in 22 countries, including the UAE, Europe, the UK,…
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LuLu AI makes strategic investment in Qatar’s PayLater
LuLu AI, the investment arm of LuLu Financial Holdings, has announced a strategic investment in PayLater Qatar, one of the…
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