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MENA's 10 most funded fintech startups

RIYADH: The entrepreneurial ecosystem has been on the rise in the Middle East and North Africa region for a while, with technology-based sectors starting to dominate the business landscape. Financial technology, popularly known as fintech, has been a promising sector for business people and investors alike, with startups entering and exiting the industry like never before. The ....

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Egypt's Khazna raises $38 million Series A round

Egypt-based fintech Khazna, has raised a Series A round of $38 million in equity and debt, with the equity investment led by Quona. ....

Al Qahirah , Fatimah El Shenawy , Ahmed Ismail Hassan , Omar Salah , Ahmed Wagueeh , Suresh Samuel , Omar Saleh , Arab Bank Egypt , Arab Bank , Central Bank , Accion Venture Lab , Quona Capital , Khawarizmi Ventures , Algebra Ventures , Super App , Security Agent , General Purpose Credit , Buy Now Pay Later , Earned Wage Access , World Remit , Match Group , Monica Brand Engel , Managing Partner , Deputy Chief Investment , Country Manager ,

Egyptian financial super app Khazna raises $38M from Quona Capital and Lendable – TechCrunch

In a country where 50% of its 100 million people are active smartphone users, two out of every three individuals have little or no access to formal financial services in Egypt. With banks doing their best to deepen financial services to the underbanked and unbanked across the North African country, startups are also playing their […] ....

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