Our Blog
Celebrating Success: ABNIC, Aafiya TPA and Click2Secure
In 2024, Al Buhaira National Insurance Company (ABNIC) embarked on a transformative journey to revolutionize healthcare accessibility in the Northern Emirates. Partnering with Click2Secure and Aafiya TPA, ABNIC celebrated significant milestones and collaborative successes, showcasing their commitment to making quality healthcare a reality for all. This celebration was not only a recognition of past achievements but also a springboard for future innovations in the healthcare landscape.
El-Kheta: $400K Fuels EdTech Revolution in Egypt
The Egyptian EdTech landscape is abuzz with excitement! El-Kheta, a leading online education platform, has secured a substantial investment of $400,000 from EdVentures, the investment arm of the renowned Nahdet Misr Group. This significant funding marks a pivotal...
Investment Opportunities in the MENA Startup Ecosystem
The MENA region is experiencing a significant boom in its startup ecosystem, attracting growing investor interest. Here's a breakdown of some key trends and investment opportunities: Investment Trends: Surge in Venture Capital: Venture capital deployment in the MENA...
Jeel Saudi Edutainment Leader Secures Major Funding
Saudi Arabia’s Jeel, a leading edutainment platform, has secured a significant seven-figure USD investment. This funding fuels their mission to empower learners across the Arab world by offering engaging and informative Arabic content for children, adolescents, parents, and educators. Jeel plans to leverage this boost to expand its reach by adding new languages and entering new markets within the region.
Alsaree3 Food Delivery App Secures Funding for Regional Growth
Iraqi food delivery app, Alsaree3, just secured a significant seven-figure Series A investment to fuel its growth and empower the Iraqi startup ecosystem. This marks a major milestone for both the company and the tech scene in Iraq, paving the way for Alsaree3 to revolutionize food delivery across the country.
MENA Sukuk Market Soars 48% to $6.2 Billion
The Islamic finance sector in the Middle East and North Africa (MENA) is experiencing a surge in activity. Fueled by a growing appetite for ethical investments, Sukuk issuance skyrocketed by 48% in the first half of 2024, reaching a staggering $6.2 billion. This significant rise is driven by a focus on green and social projects, reflecting a broader global shift towards sustainable finance.
UAE FinTech Startup Comfi Raises $5 Million to Fuel B2B Growth
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.
Ejari: A Proptech Startup Streamlining Rent in Saudi Arabia
In Saudi Arabia, the dream of renting an apartment often collides with the harsh reality of upfront yearly payments. This hefty sum can be a major obstacle for young professionals, expats, and anyone new to the rental market. But a revolutionary proptech startup called Ejari is changing the game. Founded in 2022, Ejari offers a unique “rent now, pay later” solution that makes renting more accessible and manageable. Let’s explore how Ejari is transforming the rental landscape in Saudi Arabia and empowering renters to ditch the upfront burden.
Connect Money: $8M Fuels Embedded Finance in N. Africa
Egypt’s leading fintech innovator, Connect Money, has secured a staggering $8 million in seed funding. This investment fuels their mission to revolutionize embedded finance across North Africa. By offering a comprehensive white-label card issuing platform, Connect Money empowers businesses to ditch the hassle of fintech infrastructure and regulatory licensing. Their solution simplifies the payments experience, allowing businesses to seamlessly offer debit and credit cards to their customers. This not only enhances operational efficiency but also unlocks new revenue streams. With its eye on the future, Connect Money is poised to become a major player in North Africa’s burgeoning fintech landscape.