News
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9.7KSpotify launches in Pakistan
Spotify, the world’s leading music streaming service has launched in Pakistan, it announced in a statement today to MENAbytes. It is one...
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8.7KOpen Banking platform Tarabut Gateway raises $13 million in MENA’s largest seed round
Bahrain-headquartered Open Banking platform Tarabut Gateway has raised $13 million in a seed round led by Berlin-headquartered European VC Target Global. The...
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8.2KNuwa Capital hits $75 million first close on its debut fund for MENA, Turkey & Pakistan
About a year after its launch, Dubai and Riyadh-based Nuwa Capital has announced the first close of $75 million for its debut...
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7.0KSaudi fintech Raqamyah raises $2.3 million for its crowdlending platform
Riyadh-headquartered crowdlending platform Raqamyah has raised $2.3 million in an investment round led by Impact46, it announced in a statement to MENAbytes...
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5.9KFlexxPay raises $3 million in equity and debt to help employees access their earned salaries before payday
Dubai-headquartered fintech FlexxPay has raised $3 million in a pre-Series A round comprised of equity debt, it announced today. The investors include...
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8.1KThe rise of buy now pay later in the Middle East: Overview and predictions
As the world went into lockdown last year, most people turned to online shopping, which accelerated ecommerce adoption and increased its share...
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21.1KPakistani fintech Safepay raises seed funding from Stripe, others
Karachi-headquartered fintech Safepay has raised seed funding from global financial technology platform company Stripe. The startup did not share the exact size...
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15.9KEgypt’s Sakneen raises $1.1 million seed to make buying and selling homes easier
Cairo-based property tech startup Sakneen has raised $1.1 million in a seed round led by Algebra Ventures, it announced in a statement...
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15.8KFood delivery wars in the Middle East: A breakdown of the industry’s dynamics
As cities worldwide went into lockdown last March, most businesses were forced to shut their doors and forgo revenues for a few...