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Welcome to our Resource Center, your hub for the latest insights and updates in the MENA region. Explore our collection of blogs, discover funding deals, stay informed on government initiatives, and keep up with key business conferences

Top Funding Deals in Fintech

Read about all the funding deals in Fintech

$22M

Series B

Egypt-based fintech Paymob has secured additional funding led by EBRD Venture Capital, with participation from ..Read More

Egypt-based fintech Paymob has secured additional funding led by EBRD Venture Capital, with participation from Endeavor Catalyst and existing investors like PayPal Ventures, BII, FMO, A15, Nclude, and Helios Digital Ventures, bringing its total Series B funding to $72 million. This will support Paymob's growth strategy across MENA.
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$34M

pre-Series A

  • UAE
  •  September 10, 2024

UAE-based fintech FlapKap has secured new funding led by BECO Capital, with notable investment from Pact VC an ..Read More

UAE-based fintech FlapKap has secured new funding led by BECO Capital, with notable investment from Pact VC and follow-on contributions from A15, Nclude, QED Investors, along with debt financing from Channel Capital. This brings FlapKap's total funding to $37.6 million.
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Undisclosed

Acquisition

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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$22M

Series A

  • UAE
  •  September 03, 2024

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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