FinTech

Wafeq, a Dubai-based accounting software provider, has announced the successful closure of a $7.5 million Series A funding round, led by London-based 9900 Capital. The...

The State Bank of Pakistan (SBP) has directed all banks and financial institutions to enable the RAAST payment system for e-commerce platforms and online shopping...

Lean Technologies, a leading fintech infrastructure provider based in Riyadh, has raised $67.5 million in a Series B funding round led by General Catalyst, marking...

Pemo, a rapidly growing spend management platform based in Dubai, has successfully secured $7 million in pre-Series A funding. The round was co-led by Shorooq...

Fintech startup Mala has successfully raised $7 million in a pre-seed funding round led by VentureSouq, the company announced on Saturday. The round saw participation...

Cairo-based fintech startup Lucky One has secured $3 million in fresh funding from existing investors, including Lorax Capital Partners, KEM, and DisrupTech Ventures. The company...

Pakistan-based Electronic Money Institution (EMI) SadaPay has laid off approximately 30 percent of its workforce, amounting to 80 employees, just over a month after being...

Riyadh-based fintech startup, Rasan, made a remarkable debut on the Saudi Arabia’s Tadawul exchange on June 13, marking the last trading day before the Eid...

Stake, a Dubai-based fintech company, has successfully raised $14 million in a Series A funding round led by Middle East Venture Partners (MEVP). The round...

Elevate, a Dubai-headquartered fintech, has secured $5 million in equity and debt in a pre-Series A funding round led by UAE’s Negma Group. The exact...