Browsing: Innovation
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.
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 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.
Moove raises USD 30 million from its debut sukuk to fund the building of the largest EV ride-hailing fleet in the UAE.
Justyol, a Morocco-based ecommerce platform, has raised USD 350,000 in a pre-seed investment following an earlier investment of USD 100,000 from Earn Rocket Investment.
Startups from South Africa were highlighted in a recent awards ceremony. At under five years old, the companies are all…