Browsing: Innovation

Zenda was launched last year and allows families to pay school fees with pay-now and pay-later payment schemes.

Average funding round size for MENA startups grows by 23 percent year-on-year, Africa crosses the USD 1 billion mark for the period.

Saudi’s Khwarizmi Ventures has taken part in a seed funding round for Egyptian startup Pylon, an infrastructure management platform aimed at transforming electricity and water companies in emerging markets.

The exchange program will target the oil and shipping industries and make use of blockchain technologies.

The company was listed as a ‘Disruptor’ and has gained international support from a variety of investors.

The GEC will run for four days and will host 150 speakers.

PayU, a unit of South African multinational holding company, Nasper’s Ltd., and Egypt’s largest bank, National Bank of Egypt, have invested in Egyptian fintech firm Lucky. The funds will be used to allow Lucky to expand into the Middle East.

The Luxembourg House of Financial Technology (LHoFT) Foundation has announced the selection of 10 African fintech startups to join CATAPULT: Inclusion Africa: Special Edition in Dubai.

Egypt’s startup environment continues to attract regional and international investments.