UAE-based fintech, Omnispay, secured $1.5 million in a seed funding round led by Mercatus Capital Pte. Ltd., w ..Read More

UAE-based fintech, Omnispay, secured $1.5 million in a seed funding round led by Mercatus Capital Pte. Ltd., with participation from regional and international investors. The investment aimed to support its growth and expansion. Founded in 2022 by Simanta Das, Vimal Kumar, and Praveen Kiran, Omnispay simplifies SME cash flow management through its all-in-one platform for collections, payments, and borrowing.
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UAE-based fintech, Blum, secured $5 million in a pre-seed and seed funding round led by gumi Cryptos Capital, ..Read More

UAE-based fintech, Blum, secured $5 million in a pre-seed and seed funding round led by gumi Cryptos Capital, Spartan, No Limit Holdings, YZi Labs, and OKX Ventures. The investment enabled Blum to enhance its infrastructure, improve trading functionalities, and expand its operations across multiple blockchain networks.
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Saudi Arabia-based fintech, RasMal, secured $4.8 million in a pre-Series A investment round led by Syndicate E ..Read More

Saudi Arabia-based fintech, RasMal, secured $4.8 million in a pre-Series A investment round led by Syndicate Element Holding Group (SHG). The funding will support the company in introducing new tools and services to streamline fundraising processes and equity transfers. Founded in 2019, RasMal provides digital solutions for cap table management, fundraising, and investor relations
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Saudi Arabia-based fintech, Tabby, secured $160 million in a Series E financing round at a $3.3 billion valuat ..Read More

Saudi Arabia-based fintech, Tabby, secured $160 million in a Series E financing round at a $3.3 billion valuation. The round was led by Blue Pool Capital and Hassana Investment Company, with participation from STV and Wellington Management. This investment will accelerate Tabby’s expansion in financial services and support its planned IPO. Previously, in October 2023, Tabby closed its Series D round at $200 million.
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Egypt-based fintech, Khazna, closed a $16 million pre-Series B funding round with participation from SANAD Fun ..Read More

Egypt-based fintech, Khazna, closed a $16 million pre-Series B funding round with participation from SANAD Fund for MSME, anb Seed Fund, Aljazira Capital, Khwarizmi Ventures, Nclude, ICU Ventures, Quona, Speedinvest, and Disruptech Ventures. This follows its $38 million Series A round in March 2022. The new funding positions Khazna to apply for a digital banking license in Egypt and expand into Saudi Arabia.
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Tunisia-based fintech, EasyBank, raised $0.37M from undisclosed investors. Founded in 2023 by Mohamed Khelifi, ..Read More

Tunisia-based fintech, EasyBank, raised $0.37M from undisclosed investors. Founded in 2023 by Mohamed Khelifi, EasyBank provides access to loans and banking services. The investment will support the company’s expansion into the Middle East, North Africa, and France, as it scales its operations and enhances its platform.
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UAE-based fintech, Myne, secured a $2 million pre-seed funding round, led by Scene Holding and followed by Raz ..Read More

UAE-based fintech, Myne, secured a $2 million pre-seed funding round, led by Scene Holding and followed by Raz Holding, with participation from Plus VC, Annex Investments, and other angel investors. Founded in 2024 by Karim Chouman, Myne offers a wealth management platform. The funding will support scaling operations, enhancing technology infrastructure, accelerating user acquisition, and driving regional expansion.
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UAE-based agrifintech, Maalexi, secured a $3 million debt finance facility from Citi to enhance its cross-bord ..Read More

UAE-based agrifintech, Maalexi, secured a $3 million debt finance facility from Citi to enhance its cross-border trade platform for small food and agribusinesses. Founded in 2021 by Azam Pasha and Rohit Majhi, Maalexi aims to expand its sourcing operations with this funding. Previously, in July, the company raised a $1 million venture debt from Stride Ventures to strengthen its technology-enabled supply chain.
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