RIYADH: Money20/20, the world’s leading fintech show and the place where money does business, is introducing its inaugural Middle East edition to take place in Riyadh, Saudi Arabia on September 15-17, 2025 at the Riyadh Exhibition & Convention Centre (RECC). Money20/20 Middle East will bring to Riyadh the brightest minds in fintech, as well as global […]
Bahrain-born edtech startup Unipal secures pre-Series A round by Falak Angels
Press release: Unipal, the leading platform for innovative solutions for university students, has successfully raised its Pre-Series A investment round, joined by Falak Angels Syndicate members. This investment marks a strategic milestone in strengthening Unipal’s position as one of the top providers of student-centric services across the Middle East and Africa. Unipal offers a unique […]
Wa’ed Ventures Leads a $5 Million Funding Round to Support Dutch Sustainability Company EME
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 […]
Mastercard collaborates with Jeel to drive Payment Modernization in Saudi Arabia
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 […]
PayTabs Group and Concept Combined Group partner to launch PayTabs Kuwait
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 […]
Samsung Pay service launched in Saudi Arabia, says SAMA
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 […]
Aramco-backed Fintech Stake officially launches in Saudi Arabia with first deal in partnership with AlRajhi Seventh
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. […]
Adaverse invests in Grintafy to utilise Blockchain in Football Talent Discovery
Adaverse, the leading ecosystem accelerator and seed fund, today announced its strategic investment in Grintafy, the Middle East’s premier sports tech company. This partnership marks a significant step in Grintafy’s transition from Web2 to Web3, leveraging blockchain technology to revolutionise talent discovery in football. Grintafy, established in 2019, has rapidly grown to become the go-to […]
Falak Investment Hub Invests in HUMD, a GCC largest Printing Marketplace
Dubai, UAE — Falak Investment Hub has announced a strategic investment in HUMD, the Gulf region’s first AI-powered printing marketplace. This move aligns with Falak’s mission to support promising startups by offering dedicated services that foster growth, digitization, and sectoral development. Launched in 2022, Humd is revolutionizing the way startups and SMEs manage their business […]
Saudi Venture Capital (SVC) pledges major Investment in Aliph Capital First Fund
Saudi Venture Capital (SVC) announces an investment in Aliph Fund I, a GCC-focused growth fund from Aliph Capital, a GCC-based private equity fund manager. Aliph Fund I invests in mid-market companies across Saudi Arabia and the GCC with an active ownership model focused on value creation and tech enablement. Dr. Nabeel Koshak, CEO and Board Member […]