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Riyadh Valley Company Invests in Raed Ventures’ Third Fund 

Riyadh Valley Company, the investment arm of King Saud University, made an investment in Raed Ventures’ third fund (RAED III LP). Raed Ventures Company is...

Qardy Raises Over USD Seven Figure Pre-Seed Funding

Qardy, a Cairo, Egypt-based digital lending marketplace in Egypt and the MENA region for financial institutions to fund MSMEs (Micro, Small, and Medium Enterprises),...

MNT-Halan Acquires Tam Finans From Actera Group

MNT-Halan, a Cairlo, Egypt-based non-bank financial institution and fintech, acquired Tam Finans, a commercial finance company in Turkey, from Actera Group, a private equity...

Dopay Raises $13.5M in Series A Extension Funding

Dopay, a Cairo, Egypt-based fintech company providing a digital payroll and payments platform, raised $13.5M in Series A funding. The round was led by Argentem...

OneOrder Raises $16M in Series A Funding

OneOrder, a Cairo, Egypt-based logistics startup, raised $16m in Series A funding. The round was led by Delivery Hero Ventures, with participation from Norrsken22, as...

MNZL Raises $3.5M in Seed Funding

MNZL, a Cairo, Egypt-based fintech startup allows users to transform their assets like homes and cars into liquidity for their projects and needs, raised...

Swypex Raises $4M in Seed Funding

Swypex, a Cairo, Egypt-based provider of a payments and financial workflow automation platform, raised $4M in Seed funding. The round was led by Accel with...

Zeal Raises $4M in Funding

Zeal, a Cairo, Egypt-based provider of a POS terminals value added service solution, raised $4M in funding. The round was led by Raed Ventures...

Flash Raises $6M in Seed Funding

Flash, a Cairo, Egypt-based provider of a cashless payments app, raised $6M in Seed funding. The round was led by Addition with participation from Flourish Ventures and...

Menthum Raises Pre-Seed Funding

Menthum, a Cairo, Egypt-based provider of a B2B and B2C digital savings platform, raised an undisclosed amount in Pre-Seed funding. The round saw participation from...

Webb Raises $7M in Funding

Webb Protocol, a privacy system for cross-blockchain asset transfers, raised $7M in funding. The round was led by Polychain and Lemniscap, with participation from Zeeprime,...

Flat6Labs Launches New US$95M Venture Capital Fund

Flat6Labs, a Cairo, Egypt-based seed and early stage venture capital firm operating in the MENA region, launched a US$95M fund. The Africa Seed Fund (ASF)...

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