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Middle East Tech News
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Middle East Tech News
UK fintech Flow48 raises $25M to bridge the lending gap for minority and women-led SMEs
In times of economic downturns, UK high street lenders have a history of scaling back capital access for…
Papaya Global’s Financial Leadership: A Payroll Visionary in TIME100’s 2023 List
As the nature of work has changed around the world, technology has responded to meet the needs of…
Klarna rival from Gulf: BNPL platform Tabby nets $200M at $1.5B valuation
Tabby, a Dubai-based payments and shopping app, has raised $200 million in equity financing as a part of…
Ukrainian-founded XPANCEO closes $40M to launch world’s first smart contact lenses with AR vision
Headquartered in Dubai, XPANCEO, a deep tech startup, has raised $40 million in seed funding. The round was…
Jordan-based Capifly raises $1M, initiates $10M Shariah Compliant facility for emerging startups
Jordan-based startup Capifly has successfully raised $1 million in a pre-seed funding round, aiming to facilitate non-dilutive capital…
DHARMA nets $4.7M to redefine travel with unique experiences
Abu Dhabi-headquartered DHARMA, a travel startup, has netted $4.7 million in an oversubscribed pre-Series A funding. With this…
Biggest funding rounds for crypto startups in summer 2023
Funding for crypto startups is becoming increasingly scarce, as venture capital investment in the industry has seen a…
Brainchild of university friends, Brine Fi secures $16.5M, launches top-ranking decentralised exchange
Innovating the decentralised finance space, Dubai-based Brine Fi has just closed $16.5 million series A funding. The round…
MENA-based DESAISIV secures $2M to bring a paradigm shift in the insurtech space with AI
DESAISIV, a MENA-based AI insurtech startup specialising in health insurance, has successfully raised $2 million in a pre-seed…
