InvoiceQ, a Jordan-headquartered company specialising in providing software as a service (SaaS) in the field of e-invoicing and integration solutions, has successfully raised a pre-series A-funding round of US$1.2 million. The round saw the participation of a number of Jordan-based investors, including Oasis 500, Orange VC, Flat6Labs, as well as Natej Soft and several angel […]
African fintech startup Juicyway has officially launched out of stealth mode, revealing its impressive track record of processing over $1 billion in transaction volume across 25,000 transactions for 4,000 users over the past three years. The company, which leverages stablecoin technology for fast and affordable cross-border payments, announced a $3 million pre-seed funding round led […]
Riyadh, Saudi Arabia – December 16, 2024 Wa’ed Ventures, the investment arm of Aramco’s Wa’ed Program, has announced its leadership in a $5 million Series A funding round for EME, a Netherlands-based company specializing in sustainability and circular economy solutions. The funding will enable EME to localize its cutting-edge technologies in Saudi Arabia and expand […]
Riyadh, Saudi Arabia – Mastercard and Jeel — a subsidiary of Riyad Bank — are joining forces to enable digital and cutting-edge solutions such as AI to drive innovation in Saudi Arabia. Introducing the novel offering to the Kingdom, the collaboration will see the two entities work together to serve all non-banking financial institutions […]
Dubai, UAE – December 12, 2024: Audax, the digital banking solutions provider backed by Standard Chartered Bank, has announced a strategic partnership with Tuum, a leader in core banking technologies, to support financial institutions in their digital transformation journey. The collaboration aims to empower banks to modernize their systems, rapidly launch digital services, and expand […]
PLATMA, the AI Business Automation Platform that transforms natural language into functional workflows and business processes, has announced the successful completion of its pre-seed funding round, securing $2.2 million at a valuation of $20 million. The company also unveiled its plans to enter the Middle East and North Africa (MENA) market, marking a significant step […]
Riyadh, Saudi Arabia – AlGooru, the first licensed private tutoring platform in Saudi Arabia, has secured $4 million in a pre-Series A funding round through a combination of debt and equity financing. The round was led by Constructor Capital, with participation from Hub71, angel investors, and family offices. This latest funding follows AlGooru’s earlier $1.8 […]
Riyadh, Saudi Arabia – 09/Dec/2024 PayTabs Group, MENA’s award-winning payment orchestration powerhouse, today made a groundbreaking leap forward by announcing a partnership with Concept Combined Group Kuwait to operate Advanced Payments Solutions (APS) as a payment technology company in Kuwait. Consequent to this partnership, APS will roll out services locally under the PayTabs Kuwait brand […]
The Saudi Central Bank (SAMA) announced the launch of ‘Samsung Pay’ through the national payment system ‘mada’ in Saudi Arabia as part of its ongoing efforts to enhance the digital payments ecosystem in the Kingdom, aligning with the Saudi Vision 2030. This initiative aims to promote financial inclusion and expand the use of fintech solutions […]
Stake becomes the first platform to allow individuals from across the world to invest into real estate in Saudi Arabia. Riyadh, Saudi Arabia, December 9th, 2024: Stake, the leading global digital real estate investment platform in the Middle East and North Africa (MENA) region, today announced their official launch in the Kingdom of Saudi Arabia. […]