Investment

CredibleX announces Series A round with Mubadala as lead investor

CredibleX announced its Series A funding round led by Mubadala Investment Company, an Abu Dhabi sovereign wealth fund, with participation from existing investor Further...

Founded in DIFC, UAE’s Sarwa hits $1bln in assets amid retail trading surge

Sarwa, one of the GCC’s most-recognised investment and personal finance platforms, has crossed USD 1bn in client assets, becoming the first UAE-founded FinTech platform...

Signit Raises $15M Series A To Scale AI Contract Platform In Saudi Arabia

Signit, a Saudi Technology company providing digital signatures and AI-powered contract management, announced it has raised $15 million in Series A funding to expand...

Sheraa Launches AED5 Million Entrepreneurs Resilience Fund to Empower Startups and SMEs in Key Sectors

Sharjah Entrepreneurship Center (Sheraa) has launched the Entrepreneurs Resilience Fund to provide fast-tracked financial, operational, and marketing support for Sharjah-based startups and SMEs. Launched under...

SIC Invests in BRKZ to Accelerate Digitalization of Industrial Supply Chains in Saudi Arabia

The Saudi Industrial Investment Company (SIC), the investment arm of the Saudi Industrial Development Fund (SIDF), has announced a strategic direct investment in BRKZ,...

Vodafone Qatar Acquires Maktapp Through Infinity Fintech Ventures

Vodafone Qatar has announced the acquisition of Maktapp LLC through its subsidiary Infinity Fintech Ventures, marking a continued expansion beyond telecom into financial and...

Shorooq Backs South Korean Chazm in $10.3mln deal to redefine vehicle ownership through data-driven lifecycle management

Shorooq, a leading multi-strategy investment firm, today announced its investment in the Series A funding round of Chazm, a South Korea-based automotive fintech platform...

Comfi raises US$65mn Pre-series A round to scale SME capital across MENA

Comfi, a B2B embedded finance platform, today announced it has raised $65 million in a Pre-Series A funding round consisting of both equity and...

Neobank Plata Reaches $5 Billion Valuation

Plata, a leading digital bank with operations in Latin America, announced the closing of its $405 million Series C at a $5.0 billion valuation,...

Speedinvest launches flagship Middle East and Africa Fund backed by Mubadala, QIA, and EIB Global

Speedinvest, a globally active European venture capital firm, announces its first flagship fund investing in early growth-stage companies across the Middle East and Africa....

ICE Expands Bet on Polymarket with $600M Investment

New York Stock Exchange parent company Intercontinental Exchange (ICE) is continuing to build out its decentralised finance portfolio by injecting a final $600 million...

Kulipa Raises $6.2M to Scale Stablecoin Payments and Card Issuing Infrastructure for Global Fintech Platforms

Kulipa, a Paris-based stablecoin card issuing infrastructure platform, has raised $6.2 million in seed funding co-led by Flourish Ventures and 1kx, with participation from...

Lucky secures $23mln Series B funding to scale credit access across North Africa

Lucky, a leading financial technology company in Egypt and the Middle East, today announced the successful closing of a $23 million Series B funding round,...

Estaie raises 7-figure pre-seed round to build the world’s fiirst AI-native extended-stay platform

estaie, the world’s first AI-native extended-stay platform, announced it has raised a 7-figure pre-seed funding round led by PlusVC and Orbit Ventures, with participation...

WHOOP Raises $575 Million at $10.1 Billion Valuation to Advance Global Health Platform

Round Led by Collaborative Fund with Participation from 2PointZero Group, Qatar Investment Authority (QIA), Mubadala Investment Company, Abbott, Mayo Clinic, Cristiano Ronaldo, LeBron James,...

Emirates NBD Group successfully closes USD 2.25bln in long-term financing

Emirates NBD, a leading banking group in the Middle East, North Africa and Türkiye (MENAT) region, has successfully closed USD 2.25 billion in long-term...

zypl.ai Secures USD 5.5 Million in a Strategic Bridge Round

zypl.ai, a pioneering AI company applying synthetic data for AI decisioning in financial services, announced USD 5.5 million raised at a valuation of USD...

Saudi quick commerce firm Ninja bags $250m, hits unicorn status

Saudi Arabian quick-commerce unicorn Ninja is actively exploring an initial public offering on the Riyadh stock exchange. The company has initiated discussions with potential...

Sahm App becomes one of the first platforms to roll out full saudi stock investment access to global investors

Sahm App, a CMA-regulated trading platform, today announced the launch of its Saudi stock investment services for retail investors worldwide, expanding international access to...

Oman Investment Bank advises on the successful completion of a $130mln investment in Uzum by Omani sovereign entities

Oman Investment Bank is pleased to announce the successful completion of a US$130 million minority investment in Uzum, Uzbekistan’s leading digital services ecosystem, by...

Shorooq Invests in AMI Labs as Yann LeCun’s AI startup raises $1.03bln

Shorooq announced its participation in the $1.03 billion funding round of AMI Labs (Advanced Machine Intelligence), the newly launched artificial intelligence company founded by...

UAE AI Startup Skipr Raises $2M Seed Funding to Build Sovereign AI Infrastructure

Abu Dhabi–based technology startup Skipr has raised $2 million in a seed funding round, giving the company an estimated $10 million valuation. Founded in 2023...

UAE Stock Markets to Close for Two Days

The United Arab Emirates said its two key markets will close for two days of the week, avoiding a possible meltdown after the Gulf...

Abu Dhabi raises $3bln as investor demand drives tight spreads on dual-tranche bond

Abu Dhabi’s dual-tranche bond issuance drew high investor confidence, resulting in tight spreads with the five-year tenor locking in a 3.75% coupon at a...

Revolut Research Highlights Growing Fintech Opportunity and Financial Wellbeing Gap in the UAE

New research commissioned for Revolut highlights a growing opportunity to strengthen financial wellbeing in the UAE, one of the world’s most digitally advanced financial...

Hoxton Wealth App Surpasses $10 Billion in Tracked Assets

The Hoxton Wealth app, which brings investors’ global finances together for seamless control and insights is now tracking $10 billion in assets worldwide, less...

Emirates NBD Leads $31M Series B Funding for Stake

UAE-based proptech company Stake has successfully raised $31 million in its latest Series B funding round, led by Emirates NBD. With this latest investment,...

Madfu raises USD 25.5 mln in pre-Series A

Saudi Arabia’s fintech scene is on a proper roll, and the latest sign of that momentum comes from Madfu, a homegrown Buy Now, Pay Later...

Pennylane Raises €175m to Power European Expansion and AI Push

French fintech Pennylane has secured a €175 million funding round led by TCV and Blackstone Growth, with continued backing from DST Global, CapitalG, Sequoia...

Baseten Secures $300M as Nvidia Backs AI Inference Push

AI inference startup Baseten has raised $300 million in a new funding round that doubled its valuation to $5 billion, according to reports. The...