Browsing: Business
Fintech Galaxy, a UAE-based Central-Bank-regulated open finance platform, has acquired Underlie, an Egyptian open finance banking platform offering APIs to banks and businesses.
Bayzat, an HR, payroll and insurance provider, closes a Series C round of USD 25 million and has raised over USD 60 million to date.
The top 50 most-funded MENA startups have been ranked by Forbes Middle East. Combined, the 50 startups raised USD 3.2 billion in 2022.
CheckMe has acquired a majority stake in DoctorOnline. The deal took between the two healthtechs took place through Exits MENA.
The Artemis Accords represent a bold, multilateral vision for the future of space exploration and the two countries signed during the first US-Africa Space Forum.
Fintech startups in Africa grew 81% in 2021, with South Africa, Nigeria, and Kenya emerging as key hubs on the continent, according to a Mastercard study on the state of fintech in African markets.
The top African startups have been ranked in Digest Africa’s “100 Most Funded African Startups” list, highlighting emerging companies across the continent.
Muqbis, an Egyptian handcrafts marketplace, has raised an undisclosed amount in a pre-Seed round by Nama Ventures.
Egyptian startup Suplyd raises USD 1.6 million in order to further digitize the country’s HORECA supply chain.
Saudi’s Jumlaty and Egypt’s Appetito, two eGrocery startups, have merged to create a new company, NOMU. The new company is present in four countries.