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Egyptian Financial Management Platform Swypex Secures $4 Million Seed Round
Swypex announced its launch following a $4 million seed investment round, led by the renowned venture capital fund Accel. This marks Accel’s first fintech investment in the region. The investment also...
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Top 10 Fintech Events in Saudi Arabia in H2 2024
Saudi Arabia’s fintech industry has surged over the past years, with the number of companies operating in the sector more than doubling in 2023 compared to the end of 2022, Ayman Al-Sayari, governor of...
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Apex Group Expands Across the Middle East With New Saudi Arabia Office
Global financial services provider, Apex Group, has launched a new office in the Kingdom of Saudi Arabia, further expanding its footprint across the Middle East. Regulated by Saudi’s Capital Market...
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Singapore’s Golden Gate Ventures Closes US$100 Million MENA Fund
Golden Gate Ventures, a Singapore-based venture capital firm, has successfully closed the first US$100 million MENA fund. It is said to be the first international VC fund to be set up and managed...
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Liwwa Secures $5 Million Loan From DFC to Enhance SME Fintech Support in Jordan
In a stride towards advancing financial inclusion and bolstering small and medium enterprises (SMEs) in Jordan, liwwa announced the signing of a $5 million loan agreement with the United States...
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Dubai Proptech Startup Keyper Raises $34m
UAE Proptech company Keyper, announces a pre-series A capital raise of US$4 million in equity. This round was led by top regional venture capital firms BECO Capital and Middle East Venture Partners...
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Swiss Crealogix and Estonian Tuum Form Alliance to Offer Product for Middle East
Swiss Fintech Crealogix and Estonian Tuum, a core banking provider, announced a strategic partnership aimed at revolutionizing the banking and financing landscape in the GCC region. The alliance will...
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Middle East Banking Incumbents Recognize the Need for Digital Transformation
In the Middle East, banking incumbents recognize the need for digital transformation to improve customer experience, enhance operational efficiency, and stay competitive against new, digital entrants,...
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PayTabs and NuMetric Partner to Streamline Invoice Collection for Businesses
PayTabs Group, a Saudi Arabian payment processing company, has announced a new partnership with NuMetric, a financial management and accounting solutions company. This collaboration aims to improve...
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Denys Boiko: How AI is Changing the Way We Bank
The banking and financial services industry has long been interested in the potential value of artificial intelligence. Indeed, AI technology has been used as a means of pursuing efficiency gains and...
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