ShopUp, Bangladesh’s largest B2B commerce platform, and Sary, the leading B2B marketplace and services platform in the Gulf, have merged to form SILQ Group. This merger brings together Gulf & Emerging Asia, creating the largest B2B commerce platform to serve the fastest-growing consumer markets in the region and across the globe. The merger is backed […]
Jeddah, Saudi Arabia – April 8, 2025 — STUCK?, a rising AI-powered language intelligence platform based in Saudi Arabia, has closed its pre-seed funding round, raising a high six-figure investment to accelerate the development of Arabic-focused AI language solutions. The round was led by UK-based Mena Tech Fund (MTF), marking the VC’s first investment in […]
Riyadh, Saudi Arabia – April 2025 — FeeSolution, a digital platform specializing in school payment solutions, has successfully closed a Pre-Seed investment round of SAR 1,125,000. The round was backed by a group of angel investors and will support the company’s ongoing product development and market expansion efforts. Founded in early 2025, FeeSolution provides a […]
Manama, Bahrain — Bahraini social commerce startup Sellou has announced the successful closing of a $3 million Seed funding round, aimed at accelerating its expansion across the Middle East and North Africa (MENA) region. Founded in 2020 by Salman Al Khalifa, Sellou is transforming the regional e-commerce landscape with its video-first platform that simplifies social selling. […]
Arabian Pay, the leading national fintech platform, has announced the signing of an agreement to secure funding as part of its Pre-Seed investment round from “Al Bassami Holding Group”, a leader in the logistics and transportation sector in the Kingdom and globally. The signing ceremony was attended by Mohammed Rashid Alabdullatif, Founder and CEO of […]
Riyadh, Saudi Arabia – Nayla Finance, a fintech reshaping access to funding for micro-businesses, has successfully secured $4M in seed funding, led by Sanabil Venture Studio by Stryber. The funds will be used to fuel product and business expansion, alongside building Nayla’s loan book and provide essential capital to micro-businesses across Saudi Arabia. This investment marks […]
Debt collection in MENA is stuck in the past – a fragmented landscape of manual processes, aggressive tactics, and poor outcomes that costs lenders billions while punishing borrowers. As the region’s $500 billion consumer lending market surges and consumer protection regulations tighten, traditional collection methods cannot deliver the reliable capital flows needed to maintain harmony […]
Dubai, UAE: Yango Group, a global tech company bringing advanced technology to local communities, has launched Yango Ventures, a corporate venture fund designed to empower promising startups across LATAM, Sub-Saharan Africa, MENAP, and other high-growth regions of the company’s presence. Yango Ventures aims to foster local innovation and entrepreneurial growth by providing both capital and leveraging […]
Source: Forbes Middle East NymCard, a UAE-based embedded finance platform, has secured $33 million in its latest Series B funding round led by QED Investors, marking the firm’s first Gulf investment. The round, which brings the NymCard’s total funding to $73 million, saw participation from existing investors, including Lunate, Dubai Future District Fund, Mashreq Bank, Knollwood, Reciprocal, […]
ORO Labs, a tokenised gold protocol on Solana, has raised $1.5 million in a pre-seed funding round to transform gold into a liquid, composable, and income-generating asset. For centuries, gold has been the world’s most trusted store of value—yet it has remained underutilised in financial markets. ORO is changing this by making gold more than […]