myZoi raises$14 million, obtains regulatory licences
UAE-based fintech myZoi has raised $14 million from SC Ventures and SBI Holdings. Founded in 2022 by Christian Buchholz and Syed Muhammad Ali, myZoi is a fintech focused on financial inclusion...
Thrift for Good wins $50,000 grant from She’s Next
Thrift for Good wins $50,000 grant from She’s Next UAE-based charity platform Thrift for Good has won a $50,000 grant from She’s Next programme, organised by Visa and First Bank of Abu Dhabi...
Wa’ed Venture co-leads Mighty Buildings’ $52 million Series B round
Saudi Arabia’s Wa’ed Venture, the VC arm of Aramco, has co-led a $52 million Series B round in the US-based...
Startups in the Middle East and North Africa region raised $95 million in July 2023
Startups in the Middle East and North Africa region raised a total of $95 million in funding across 31 deals in July...
Ibtikar Fund invests in DataQueue
Palestine-based AI data training company DataQueue has raised an undisclosed amount from the Ibtikar Fund. Founded in...
Fla6labs announces awards up to $100,000 in funding for contechs in Egypt
Makers, the construction technology (contech) accelerator launched by Flat6Labs in partnership with SIAC and Dar...
Bahrain: Future Generations fund’s assets $680mln
Bahrain - The total assets of the Future Generations Reserve Fund amounted to $614.3 million during 2022 and increased to $680.1m during the first half of this year, the Cabinet...
Dubai-based noqodi expands digital payments through partnership with Network
Under the strategic alliance, Network will empower emaratech-owned noqodi’s existing payment channels Fintech company noqodi has collaborated with Network International to...
Illuminati Capital raises $50 million to back Web3 startups
UAE-based crypto VC fund Illuminati Capital, has raised $50 million for a fund that aims to invest in early-stage blockchain and Web3 gaming startups. Founded by Vickaash...
Mubadala leads $76 million in debt, equity funding for Nigeria’s Moove
UAE sovereign investor Mubadala Investment Company has led a $76 million in equity and debt financing for Nigeria-based mobility fintech startup “Moove”. Founded in 2020 by...
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