MENA Beehive

Ila Dhond15/01/2024
283

Spare raised $3 M to spearhead innovation in open banking across the Middle East

The $3 million funding round led by Vision Ventures, with participation from Wa’ed Ventures, Seedra Ventures, international investment firm 500…
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Ila Dhond15/01/2024
208

Egypt’s autotech FriendyM received $2 M funding

The first-ever car management and maintenance application in Egypt, “FriendyM,” was released recently, marking a significant advancement in the use…
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Ila Dhond09/01/2024
242

Kuwaiti ed-tech firm Baims acquired Egyptian online tutoring startup Orcas

In a calculated attempt to help Baims, a well-known Kuwaiti ed-tech business, take advantage of the thriving US $100 billion…
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Ila Dhond05/01/2024
253

Egyptian ed-tech startup iSchool raised $4.5 M for its international expansion

The ed-tech startup iSchool, based in Egypt, has raised US $4.5 million to expedite its plans to expand into six…
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Ila Dhond03/01/2024
270

Visa and CIB’s “She’s Next” competition awards $10K grants to three Egyptian startups

After placing in the top three of the She’s Next competition, which was sponsored by Visa and Commercial International Bank…
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Ila Dhond30/12/2023
200

CCAvenue presents payment options using QR codes for the UAE market

The Indian fintech company Infibeam Avenues Ltd.’s UAE-based subsidiary, CCAvenue.ae, has announced the launch of its mobile-based QR Code payment…
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Ila Dhond27/12/2023
236

Operations launched by Egyptian tech-focused VC firm and incubator T-vencubator

T-vencubator, an Egyptian venture capital firm, and incubator with a tech focus, has opened for businesses to invest in Egyptian…
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Ila Dhond21/12/2023
253

Egyptian e-health startup Chefaa raised $5.25 M to expand its operations in Saudi Arabia

A US $5.25 million funding round has been secured by Egyptian startup Chefaa, which offers a pharmacy benefits platform focused…
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Ila Dhond18/12/2023
244

$400K Seed funding raised by Egyptian ed-tech startup Crafty Workshop

The US $400,000 seed funding round led by EdVentures has been secured by the Egyptian ed-tech startup Crafty Workshop, which…
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Ila Dhond18/12/2023
335

Egypt’s MNT-Halan raised $130 M securitization to reach over $400 M in funding by 2023

The first unicorn and fastest-growing fintech company in Egypt, MNT-Halan, has raised US $130 million through a securitization. This is…
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