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15.4KNewsHalalah and BayanPay get mobile wallet license from Saudi Arabian Monetary Authority
Halalah and BayanPay have become the two latest startups to receive digital wallet license from the Saudi Arabian Monetary Authority (SAMA). The...
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7.2KInvestmentsAbu Dhabi’s Mubadala co-leads $2.25 billion investment in self-driving car company Waymo
Mubadala, the Emirati sovereign wealth fund has co-led the $2.25 billion investment in Waymo, the self-driving company that is owned by Google’s...
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9.6KNewsKuwaiti beauty ecommerce startup Boutiqaat in talks to raise up to $150 million at a valuation of $900 million: report
Boutiqaat, the Kuwaiti beauty ecommerce startup is in talks with banks to raise between $100 and $150 million, Reuters had reported today...
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9.1KInvestmentsSaudi’s Speero raises six-figure investment for its auto parts marketplace
Riyadh-based auto parts marketplace Speero has raised six-figure (USD) in a Pre-Series A round, it announced in a statement to MENAbytes. The...
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7.8KInvestmentsDubai-based last-mile delivery startup iMile raises $10 million, plans expansion to Egypt, Kuwait & Morocco
Dubai-based last-mile delivery startup iMile has raised $10 million in a Pre-Series A round, it announced in a statement to MENAbytes today....
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7.3KInvestmentsAanaab, a Saudi-based online professional development platform for teachers raises $1.5 million
Jeddah-based edtech Aanaab has raised $1.5 million in its first external funding round, the startup told MENAbytes on Saturday. The round was...
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5.2KNewsJumia reports 34 percent increase in losses to $248 million in 2019, stock price tumbles 27 percent in a single day
Jumia, the African ecommerce platform with presence across 11 markets including Egypt, Morocco, Algeria, and Tunisia has reported its 2019 results (its...
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9.8KNewsCareem and Noon win initial approval for launching mobile wallets in Saudi
Careem and Noon have been granted initial approval for their mobile wallets, Careem Pay and Noon Pay, in Saudi by the Saudi...
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8.2KNewsEgypt’s Garment IO raises $450,000 to help garment factories improve their productivity with real-time data
Garment IO, a Cairo-based SaaS startup for garment factories has closed a round of $450,000 in seed funding from Egypt Ventures and...
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7.9KNewsDelivery Hero’s 2019 MENA revenue jumps over 120 percent to $775 million
Delivery Hero continues to dominate food delivery in the Middle East & North Africa with its 2019 revenue of the region (which...
