MoneyFellows, an Egyptian fintech platform has secured $4 million in Series A investment in a move to help millions of new users reach their financial goals in Egypt and across Africa. MoneyFellows, a financial enabler that digitizes money circles allows users to more effectively manage and fulfill their financial needs., ...
yallacompare.com, Egypt and Middle East’s finance comparison site has sold 9.6% stake to Kuwaiti's Gulf Insurance Group for $4.25 million for regional expansion. yallacompare CEO Jon Richards said, “We are delighted to add gig as an investor and partner and have big plans for the next few years. I believe ...
Tamatem, the Arab world's mobile games publisher, has raised a $3.5M Series A follow-on round to double down on the MENA region as well expand to underserved markets worldwide. Tamatem's $3.5M round was led by existing investor Wamda Capital, with participation from Modern Electronics Company (a subsidiary of AlFaisaliah Group) ...
Eventtus, a MENA events platform recently raised $2m led by Algebra Ventures and 500 Startups to allow Eventtus to accelerate its expansion in the Middle East and introduce new products to also compete on a global scale. “This round comes at a time when we believe that the Eventtus platform ...
MENA'S Flat6Labs has closed EGP100m Cairo fund to support over 100 Egyptian early stage-startups over the upcoming five years by providing seed funding of up to EGP 1mn per startup, training, mentorship and a suite of services allowing Egyptian startups to reach their customer base and scale their operations locally ...
FinTech Hive, a global fintech accelerator has been launched by Accenture, a global professional services company and the Dubai International Financial Centre (DIFC), the financial hub for the Middle East, Africa and South Asia (MEASA) region. The FinTech accelerator, based in Dubai is expected to bring cutting-edge financial services technology ...
MENA's Online payment service Payfort has partnered with Mastercard for seamless e-commerce and mobile payment solutions in the region as it experiences a significant growth in e-commerce and mobile payments. The addition of Mastercard solutions on top of PAYFORT’s secure payment platform offers online shoppers in the Arab ...
Launched May last year, KarTag wants to be Egypt's most reliable, trustworthy and social carpooling mobile app to help solve traffic jams in Egypt and even save the users time and money. Founded by Hayk Hakobyan, Said Gamal, Ahmed Saad, Khaled Mohamed,KarTag is a free ride-sharing app that aims to ...
