Browsing: Innovation
Blnk, an Egyptian fintech startup, aims to improve financial inclusion among underserved communities across the country.
MENA startups have raised USD 646 million over 69 deals in October, taking 2022’s total raised to USD 3 billion over 551 deals, according to a report by Wamda and Digital Digest.
WafR enables retail brands to offer smart promotions to grocers and is now valued at USD 10.12 million.
Yassir aims to provide a range of services from ride sharing to financial services and food and grocery delivery.
ClimaTech Run sees eight African firms reach the last 15. All the shortlisted startups are involved in combatting climate change and hail from a range of different sectors.
Payhippo, a Nigerian digital lender has acquired Maritime, enabling Payhippo to access Nigeria’s Inter-bank Settlement System.
Spotter is a Moroccan startup aiming to help companies verify cheques and assess customers’ creditworthiness.
valU, a leading MENA BNPL fintech, and aiBANK, an Egyptian commercial bank have partnered with Sylndr to provide affordable payment options.
Modus Capital plans to launch venture builders in Saudi Arabia and will focus on the e-gaming sector. Agile Ventures focuses on Saudi Arabia, the GCC and Red Sea economies.
HiPipo, a Ugandan fintech company, is the only African firm listed in Global Business Leaders Magazine’s Top 20 companies ‘escalating innovation’ in the financial services market.