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MENA startups raised $646m in October

CAIRO: Startups in the Middle East and North Africa region raised $646 million in funding across 69 deals witnessing a 331 percent year-on-year growth. The region’s startup ecosystem raised a total of $3 billion this year with over 551 deals so far, according to startup news outlet Wamda. Companies from the UAE, Egypt and Saudi Arabia were the top-performing last month, as all ....

Saudi Arabia , Al Qahirah , United Arab Emirates , National Bank , Amr Sultan , Mohammad Absi Halabi , Essam Mohamed , Faisal Al Anazi , Ashmin Varma , Noureddine Tayebi , Aahan Bhojani , Ithraa Investment Co , Emirates International Investment Co , Yellow Door Energy , Technology Fund On Nov , Middle East , North Africa , Dorsal Capital , Quiet Capital , Stanford Alumni Ventures , International Investment , Sawari Ventures , Polymath Ventures , Ithraa Investment , Nuwa Capital , Global Founders Capital ,

Egyptian credit platform Blnk raises $32 million

Blnk, a fintech startup that enables instant consumer credit in Egypt, raises $23.7 million in equity and debt funding, and $8.3 million in securitized bond issuance to accelerate financial inclusion within underserved communities across the country. ....

Abu Dhabi , Abuz Aby , United Arab Emirates , National Bank , Al Qahirah , Amr Sultan , Joseph Iskander , Hany Al Sonbaty , International Monetary Fund , Abu Dhabi Emirates International Investment Company , Artificial Intelligence Powered , Emirates International Investment Company , Sawari Ventures , Middle East , North Africa , Managing Partner ,

Blnk Raises $32M in Funding

FinSMEs is the financial news site dedicated to covering venture capital, private equity, and merger and acquisition deals in real time! ....

Al Jizah , National Bank , Al Qahirah , Abu Dhabi , Amr Sultan , Tarek Elsheikh , Emirates International Investment Company , Sawari Ventures , Artificial Intelligence Powered , Middle East , North Africa ,