Lazerpay, a web3 and crypto payment company, is shutting down months after the startup's founder shared that the company was having trouble raising money.
Spend management fintech Qashio has entered an exclusive partnership with Alinma Bank, the youngest and fast-growing bank in the Kingdom, to launch its operations in the Kingdom. This is the first time that a Saudi bank has joined hands with a fintech company to provide solutions to its corporate banking customers, a milestone for the country’s tech space. With this
For a startup ecosystem still in its infancy, and for a country that traditionally had very few women in the general workforce to begin with, it's remarkable how far KSA has come in such a short period of time.
CAIRO: Bahrain-based startup Calo secured $13 million in a pre-series A funding round co-led by venture capital firms Nuwa Capital and STV. Established in 2019, Calo is a foodtech company that serves personalized meal subscriptions for busy people through its healthy and rotating menu of over 500 options. Operating in Saudi Arabia, Bahrain, the UAE, and Kuwait, the company