New Funding Round Details Cairo-based fintech startup Lucky One has raised $3 million in a new funding round. On Tuesday, the company announced that it secured this financing through a convertible note. Existing investors, including Lorax Capital Partners, KEM, and...
UAE’s B2B payment leader, Comfi, secures a significant $5 million debt facility, fueling their mission to revolutionize B2B transactions across the region. This funding is projected to enable an impressive $40 million worth of B2B transactions within a year, paving the way for a smoother financial landscape for businesses in the UAE and KSA.
UAE fintech Fortis enters Saudi Arabia to empower SMEs with growth-focused solutions, aligning with Vision 2030
OCTA, a UAE-based fintech startup, raised $2.25 million in its pre-seed funding round. The round was co-led by Quona Capital and Sadu Capital, with participation from Sukna Ventures, Plus VC, 500 Global, and notable angel investors like Pawel Iwanow and Dom Monhardt....
Venture capital (VC) is a type of private equity financing provided by investors to early-stage companies with strong growth potential. Unlike traditional loans, (VC) is typically invested in exchange for equity in the company. As a result, it is a high-risk,...
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