Following a rigorous nomination and selection process during the 5th Investment Committee in Cairo, selected startups will be awarded a ticket size of up to $150,000. Cairo – COREangels MEA launched its 5th Investment Committee, a three-day investment forum uniting global angel investors, regional partners, and local trailblazer founders from across the Middle East and Africa—from the Gulf to South Africa. This event […]
Partnership marks significant milestone in payment operations automation in GCC. [Dubai, 29st May 2025] – PayTic, a leading payment operations automation platform, today announced a strategic partnership with NymCard, marking PayTic’s entry into the GCC with its first strategic client. This collaboration represents a significant milestone in bringing advanced payment automation solutions to the rapidly growing Middle East […]
Dubai, UAE – Loyalty rewards have long sat idle on corporate ledgers — expiring quietly, trapped inside walled gardens. A new partnership between Fuze, a prominent digital asset infrastructure firm, and Gennius Global Hub, a rewards tokenization specialist, aims to liberate them, turning once-stagnant points into tradable liquid assets with universal acceptance. At the heart […]
Rabat, Morocco — In a significant move toward advancing digital payments in Morocco, global payments leader Visa has announced a strategic collaboration with VANTAGE PAYMENT SYSTEMS (VPS) to enhance digital payment acceptance across the country. The partnership aims to broaden the rollout of Visa Acceptance Solutions, delivering secure, scalable, and future-ready payment infrastructure for merchants nationwide. This initiative is poised to […]
Cairo, Egypt — Commercial International Bank (CIB), Egypt’s leading private sector bank, has announced a strategic partnership with Lantern Ventures, a venture studio, to support the growth and sustainability of small and medium-sized enterprises (SMEs) in Egypt. This partnership aims to unlock the full potential of SMEs by offering a combination of financial services and […]
Cairo, Egypt: The Technology Innovation and Entrepreneurship Center (TIEC), an affiliate of the Information Technology Industry Development Agency (ITIDA), has announced the launch of the 47th round of its Start IT incubation program. Applications are open until May 24, targeting early-stage startups with innovative ideas and ICT-based prototypes to help them transform their concepts into scalable and growth-ready startups. In line […]
Cairo, Egypt – ElGameya, Egypt’s leading fintech platform digitizing the traditional ROSCA savings model, today announced the successful closing of a new 7-figure USD investment round, aiming to accelerate the development of its technology platform. The round was led by AYADY for Investment and Development, with participation from prominent investors including Jedar Capital, Cubit Ventures, Ventures Notes, P-Maestro and a […]
Fresh equity fuels Sylndr’s drive to reimagine car ownership in markets where trust, liquidity, and infrastructure gaps have long constrained both consumers and dealers. Sylndr, Egypt’s leading used-car marketplace, today announced the closing of its $15.7 million Series A equity round, led by Development Partners International (DPI) Venture Capital via the Nclude Fund, with participation […]
Qardy, Egypt’s pioneering digital lending marketplace, is thrilled to announce that it is set to be acquired by Catalyst Partners Middle East (CPME) through a landmark Special Purpose Acquisition Company (SPAC) acquisition, valued at approximately EGP 1.16 billion (USD 23.15 million). This proposed transaction represents Egypt’s first-ever SPAC acquisition, positioning Qardy to become the nation’s […]
EFG Finance, an EFG Holding company, proudly announces it has reached an agreement for MaxAB-Wasoko, the region’s leading e-commerce and supply chain super app, to acquire Fatura, its Egypt-based B2B e-marketplace. This multifaceted partnership results in EFG Finance becoming a significant shareholder in MaxAB-Wasoko and securing a seat on its board. This acquisition marks a […]