Saudi fintech Wadaie has closed a seed funding round led by VentureSouq—with backing from Graphene Ventures, ..Read More

Saudi fintech Wadaie has closed a seed funding round led by VentureSouq—with backing from Graphene Ventures, RZM Investments, Arab National Bank, and Alinma Bank—to build its Shariah-compliant deposit aggregation and liquidity optimization platform.
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Bahrain-based fintech infrastructure startup Fintologya, founded by Mohsen Badrani and Omar Dahhane, has raise ..Read More

Bahrain-based fintech infrastructure startup Fintologya, founded by Mohsen Badrani and Omar Dahhane, has raised a $1 million seed round led by a Gulf holding company to build secure, modular, cloud-native payment infrastructure and expand across the GCC.
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• Fintech

Saudi BNPL unicorn Tamara has secured an asset-backed financing facility of up to US$ 2.4 billion—led by Gol ..Read More

Saudi BNPL unicorn Tamara has secured an asset-backed financing facility of up to US$ 2.4 billion—led by Goldman Sachs with participation from Citi and Apollo—to expand its credit and payment offerings across the region.
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• Fintech

Saudi fintech HALA has raised a landmark US$ 157 million Series B round led by TPG’s Rise Fund and Sanabil I ..Read More

Saudi fintech HALA has raised a landmark US$ 157 million Series B round led by TPG’s Rise Fund and Sanabil Investments (with participation from QED, Raed Ventures, Wamda Capital and others) to scale its embedded financial services platform for MSMEs and freelancers across the region.
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UAE fintech CredibleX has secured a US$ 100 million senior secured credit facility from Pollen Street Capital ..Read More

UAE fintech CredibleX has secured a US$ 100 million senior secured credit facility from Pollen Street Capital to expand its embedded finance lending solutions for SMEs.
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MoneyHash has partnered with noon Payments to streamline GCC payment infrastructure, enabling merchants to act ..Read More

MoneyHash has partnered with noon Payments to streamline GCC payment infrastructure, enabling merchants to activate key local payment options (like Mada, KNET, Benefit, Meeza, Omannet) via a single API integration.
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UAE-based VC firm VentureSouq has closed its second fintech fund, FinTech Fund II, backed by sovereign and ins ..Read More

UAE-based VC firm VentureSouq has closed its second fintech fund, FinTech Fund II, backed by sovereign and institutional LPs including Jada Fund, SVC, SAB, Mubadala, Takamol, Krafton, and Jordan’s ISSF.
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Cairo-based fintech Munify has raised $3 million in a seed round led by Y Combinator, with participation from ..Read More

Cairo-based fintech Munify has raised $3 million in a seed round led by Y Combinator, with participation from BYLD and Digital Currency Group, alongside other strategic investors.
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• Fintech