UAE-based fintech ClearGrid raised $3.5 million in a pre-seed round co-led by Raed Ventures and Beco Capital, ..Read More

UAE-based fintech ClearGrid raised $3.5 million in a pre-seed round co-led by Raed Ventures and Beco Capital, with participation from Waed Ventures, KBW Ventures, and others.
Read Less

• Fintech

UAE-based fintech, ClearGrid, secured $6.5 million in a seed round co-led by Nuwa Capital and Raed Ventures, a ..Read More

UAE-based fintech, ClearGrid, secured $6.5 million in a seed round co-led by Nuwa Capital and Raed Ventures, alongside investors such as Sharaka, 9yards Capital, and Protagonist. The funding will support ClearGrid’s AI-powered debt collection solutions and regional expansion.
Read Less

• Fintech

UAE-based fintech, Nymcard, raised $33M in a Series B funding round led by QED Investors, with participation f ..Read More

UAE-based fintech, Nymcard, raised $33M in a Series B funding round led by QED Investors, with participation from Lunate, DFDF, Mashreq Bank, Knollwood, and others. This investment aims to strengthen NymCard’s payment infrastructure and expand its presence across 10+ MENA markets. Previously, NymCard secured $22.5 million in a 2022 venture round led by DisruptAD and Reciprocal Ventures.
Read Less

• Fintech

UAE-based ORO Labs, a tokenised gold platform, raised $1.5M in a pre-seed funding round led by 468 Capital, wi ..Read More

UAE-based ORO Labs, a tokenised gold platform, raised $1.5M in a pre-seed funding round led by 468 Capital, with participation from Fasset and angel investors. The investment will enable ORO to expand its product offerings and strengthen its integrations across both decentralised and traditional finance.
Read Less

• Fintech

Kuwait-based autotech/fintech startup, Motery, secured a seed funding round at an $8 million valuation for an ..Read More

Kuwait-based autotech/fintech startup, Motery, secured a seed funding round at an $8 million valuation for an undisclosed amount. The investment will support Motery’s expansion as a one-stop platform for online car buying and financing. Founded in 2029 by Mohammad Al Abdulsalam and Abdulla Al Ateeqi, the startup simplifies vehicle purchases with flexible financing solutions tailored to customer needs.
Read Less

• Autotech
• Fintech

UAE-based fintech, KLAIM, secured $10 million in a Series A equity funding round led by Mad’a Investments, w ..Read More

UAE-based fintech, KLAIM, secured $10 million in a Series A equity funding round led by Mad’a Investments, with participation from CDG Invest, alongside an additional $16 million from Tharawat Tuwaiq Financial Company. Previously, KLAIM raised $5 million in its 2022 seed round from Knuru Capital. The investment will support its expansion, technological advancements, and partnerships with financial institutions and healthcare providers.
Read Less

• Fintech

PayTabs Group acquired a 51% stake in PayTabs Egypt from EFG Finance, a subsidiary of EFG Holding. The transac ..Read More

PayTabs Group acquired a 51% stake in PayTabs Egypt from EFG Finance, a subsidiary of EFG Holding. The transaction aligns with PayTabs' strategy to drive digital transformation and financial inclusion in Egypt. This acquisition strengthens its market position, enabling merchants to expand and enhancing secure payment solutions for consumers.
Read Less

• Fintech

UAE-based fintech, BILRS, secured an undisclosed funding round from Salica Spring Studios, backed by Al-Waha F ..Read More

UAE-based fintech, BILRS, secured an undisclosed funding round from Salica Spring Studios, backed by Al-Waha Fund of Funds. This investment will support BILRS in scaling operations, enhancing technology, and expanding its global reach.
Read Less

• Fintech