MENA Beehive

Ila Dhond20/09/2021
316

$1.75 M raised by Egyptian fintech startup Kashat in bridge funding round

Kashat is Egypt’s first nano lending smartphone application, founded in 2019 by Sumair Farooqui and Karim Nour. It offers short-term…
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Ila Dhond13/09/2021
387

Global investors led $120 M funding raised by Egyptian fintech startup MNT-Halan

MNT-Halan began as a two- and three-wheeler ride-hailing service in 2018, and has since grown to become Egypt’s largest and…
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Ila Dhond07/09/2021
320

B2B product launched by Egyptian beauty startup Glamera

Glamera, which launched in September 2019, allows customers to schedule appointments with hundreds of contracted providers, including salons, clinics, spas,…
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Ila Dhond06/09/2021
312

Saudi logistics company acquired Egyptian e-commerce startup FwRun

FwRun is an e-commerce fulfillment, shipping, and storage company that was founded in 2019. Because of the market demand for…
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Ila Dhond04/09/2021
331

$17.5 M raised by Nigerian tech-enabled spices exporter Agricorp in Series A funding round

Agricorp, founded in 2018 by Kenneth Obiajulu and Wale Omotimirin, has provided inputs and training on excellent agronomic practices to…
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Ila Dhond04/09/2021
328

First close of $10 M fund announced by Nigerian VC firm LoftyInc

LoftyInc Capital Management is a venture capital business with the goal of “creating an ecosystem of Africans investing in Africans…
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Ila Dhond24/08/2021
306

To expand its operations, Kenya’s CashBackApp raised $475k in pre-seed funding round

CashBackApp, founded in late 2018 by Simon Ngigi and later joined by Allan Thiga, enables fast-moving consumer goods (FMCG) firms…
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Ila Dhond14/08/2021
414

Financial identities offered to unbanked communities by Egypt’s Cassbana

Cassbana, which was founded in June of last year, uses machine learning and artificial intelligence to provide financial identities for…
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Ila Dhond05/08/2021
333

Egyptian e-commerce startup Teegara raises pre-seed funding round

Teegara is a B2B2C e-commerce marketplace founded in 2019 by Ahmad Kayyali and Nader Ibrahim, with Ahmed Samir as the…
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Ila Dhond05/08/2021
341

Gamesbandy, an Egyptian gaming marketplace received a $40k funding

Gamesbandy, which was founded in 2020, is the first site in the region to provide consumers a secure and easy…
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