MENA Beehive
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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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Rihal closes $15 M Series A funding deal with $7.5 M first close
Rihal, a leader in the region’s technology and data services sector, today announced the successful first close of its Series…
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Fintologya raises $1 M Seed funding to power GCC payment infrastructure
Fintologya, the Bahrain-based fintech infrastructure company, has secured USD 1 million in a seed funding round led by a Gulf…
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With Goldman Sachs’ support, Tamara secures record $2.4 B facility
Tamara, the first homegrown Saudi fintech unicorn, has secured the largest asset-backed facility of its kind in the region of…
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To modernize Saudi laundry market, Zahib obtains Seed funding
Zahib, the Saudi-based innovator in laundry solutions and integrated logistics, has successfully closed its seed funding round with the participation…
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Fintech Wadaie closes Seed funding from VentureSouq
Saudi fintech startup Wadaie has closed its seed funding round led by VentureSouq, with participation from Graphene Ventures, RZM Investments,…
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HALA completes historic Series B round, raises $157 M
HALA, Saudi Arabia’s leading fintech and provider of embedded financial services to micro, small and medium enterprises, has raised $157…
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