MENA Beehive
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Sindbad Tech raises $4.8 M Seed funding from Alkhabeer Capital
Sindbad Tech, a Saudi fintech company, has closed its SAR18 million ($4.8 million) seed round, led by Alkhabeer Capital, on…
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TBC Uzbekistan extends financial services to non-residents, expanding digital ecosystem’s customer base
Tashkent, Uzbekistan – TBC Bank Uzbekistan (TBC UZ), the country’s leading digital bank and part of the wider TBC Uzbekistan digital…
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To create corporate spend management solutions, Alinma Bank invests in Qashio
Continuing its commitment to providing top-tier services to the corporate sector and offering advanced digital financial solutions to enhance operational…
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Value Makers Studio supports Saudi innovation by investing in Arab Therapy and Ballurh
Value Makers Studio (VMS) announced its participation in the ongoing funding rounds of two high-potential startups, Ballurh and Arab Therapy,…
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Armoir closes $500K Seed funding to disrupt premium luggage market
Armoir, the luxury luggage company inspired by the heritage of French wardrobe trunks, today announced the close of a $500K…
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To increase its factoring solutions for SMEs, LDUN secured $4.8 M funding
Saudi fintech startup LDUN, licensed by the Saudi Central Bank (SAMA) under its regulatory sandbox, has successfully closed its $4.8…
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Oumla obtains $2.4 M to construct KSA’s digital asset infrastructure
Saudi startup Oumla, specialising in digital asset infrastructure, has raised $2.4 million in seed funding led by Core Vision, with…
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Saudi fintech Spare closes $5 M in Pre-series A funding round
Spare, a fast-growing open banking infrastructure provider based in Riyadh, has raised USD 5 million in a pre-Series A funding…
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To increase SME lending, Lendo and Jadwa Investment collaborate on $50 M financing project
Lendo, the Saudi debt crowdfunding platform, has signed a Murabaha financing facility worth SAR 187.5 million (USD 50 million) with…
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After paying six figures to acquire EXMGO, Duaya relaunches as Duaya Go
Duaya, a leading digital transformation company in the healthcare sector, acquired EXMGO, a provider of SaaS solutions for pharmacies and…
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