Saudi Arabia-based fintech Tabby has finalized the acquisition of Tweeq, a Saudi-based digital wallet licensed ..Read More

Saudi Arabia-based fintech Tabby has finalized the acquisition of Tweeq, a Saudi-based digital wallet licensed by the Saudi Central Bank (SAMA). Founded in 2019, Tabby is a BNPL fintech with over $6 billion in annualized transaction volume. Tweeq, launched in 2020, offers a digital spending account for managing money. This acquisition will allow Tabby to expand its financial product offerings, including digital wallets, spending accounts, and money management tools.
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• Fintech

UAE-based HRtech Cercli has secured funding led by Afore Capital, with participation from COTU Ventures, Y Com ..Read More

UAE-based HRtech Cercli has secured funding led by Afore Capital, with participation from COTU Ventures, Y Combinator, Rebel Fund, and notable individual investors. Founded in 2023, Cercli helps businesses eliminate human error and reduce compliance costs. The investment will support its growth and talent acquisition efforts.
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• HRtech

UAE-based fintech Ziina has secured new funding led by US-based Altos Ventures, with participation from Fintec ..Read More

UAE-based fintech Ziina has secured new funding led by US-based Altos Ventures, with participation from Fintech Collective, Avenir Growth, Activant Capital, Y Combinator, FJ Labs, MEVP, and Jabbar Internet Group. This investment will support Ziina's expansion from a payments solution to offering comprehensive financial services, starting with the upcoming ZiiCard.
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• Fintech

Saudi Arabia-based healthtech Thakaa Med has secured Seed investment through the Falak Angels syndicate. Found ..Read More

Saudi Arabia-based healthtech Thakaa Med has secured Seed investment through the Falak Angels syndicate. Founded in 2022 by Alwaleed Albadr, Thakaa Med specializes in AI-driven healthcare solutions, focusing on predictive, preventive, and personalized technologies. The capital will accelerate the enhancement of its AI models and support the market launch of its flagship products, Dental IQ and Chest IQ.
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• Healthtech

UAE-based ERP provider Hulexo has secured a Seed investment from Arzan VC. Founded in 2021, Hulexo helps retai ..Read More

UAE-based ERP provider Hulexo has secured a Seed investment from Arzan VC. Founded in 2021, Hulexo helps retailers streamline operations with customized, subscription-based ERP systems. The investment will support Hulexo's expansion plans into Kuwait and Saudi Arabia.
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• Information Technology