Egypt’s Basata joins forces with Connect Money to launch “Basata Card” in Egypt

Egypt’s Basata joins forces with Connect Money to launch “Basata Card” in Egypt

Cairo –  Leading fintech company Basata Holding for Financial Payments has partnered with Connect Money to launch ‘Basata Card’, according to a press release. The partnership aims to provide flexible and secure financial solutions for both merchants and individual consumers, in addition to boosting the efficiency of financial transactions and fostering the transition to a cashless […]

Seesaw Acquires MENA-based Edtech Startup Little Thinking Minds to Expand Learning Solutions Globally

Seesaw Acquires MENA-based Edtech Startup Little Thinking Minds to Expand Learning Solutions Globally

April 15, 2025 – Seesaw, the leading global PreK-12 learning experience company, has announced its acquisition of Little Thinking Minds, a MENA based female founded leading edtech specializing in Arabic literacy solutions. Trusted by over 25 million educators, students, and families worldwide, this strategic partnership positions Seesaw to expand its already significant footprint in the […]

Visa helps Egypt’s Small Shopkeepers turn a common phrase into Free Advertising

Visa helps Egypt’s Small Shopkeepers turn a common phrase into Free Advertising

Cairo: In Egypt, daily transactions often come with a familiar phrase: “Cash Walla Visa?” It’s a question merchants have asked for years – passed down from one generation to the next – reflecting just how deeply Visa is woven into the rhythm of everyday commerce. This isn’t a campaign line taught by Visa. It’s a cultural […]

Intro Group acquires stake in ADVEC to deliver innovative energy solutions aligned with global transitions

Intro Group acquires stake in ADVEC to deliver innovative energy solutions aligned with global transitions

Cairo, April 9, 2025: Intro Group, an Egyptian investment company, has signed an agreement to acquire a stake in ADVEC, a leader in energy engineering consultancy, power systems analysis, and AI-driven technical solutions. The acquisition seeks to provide innovative, sustainable energy and IT solutions that support Egypt’s governmental push for renewable energy, environmental protection, and […]

Egypt’s InfiniLink secures $10m from MediaTek, Sukna Ventures, and Others

Egypt’s InfiniLink secures $10m from MediaTek, Sukna Ventures and Others

InfiniLink has raised $10M in seed funding to accelerate the development of its optical connectivity solutions, addressing the growing bandwidth and energy efficiency demands of AI-driven data centers. CAIRO, March 31, 2025 /PRNewswire-PRWeb/ — InfiniLink, an innovative semiconductor startup specializing in advanced optical data connectivity chips for AI-driven data centers, today announced the successful closure of a $10M funding round. This […]

PayTabs Partners with Mastercard to Empower Egypt’s Small and Medium Enterprises (SMEs)

PayTabs Partners with Mastercard to Empower Egypt’s Small and Medium Enterprises (SMEs)

Cairo, Egypt: Mastercard announced a strategic collaboration with PayTabs Group to facilitate digital payment solutions for small and medium enterprises in Egypt. Through this collaboration, PayTabs will leverage Mastercard’s global network and digital payments capabilities to provide merchants with a while-labelled digital payments platform. This solution is designed to elevate payment acceptance capabilities for small and […]

Egypt’s Rabbit the leading hyperlocal e-commerce enters the Saudi Arabia Market

Egypt’s Rabbit the leading hyperlocal e-commerce enters the Saudi Arabia Market

Cairo, Egypt – Rabbit, the leading tech-driven, hyperlocal e-commerce company, announces its market entry to Saudi Arabia – and a target of delivering 20 million items in all KSA’s major cities, by 2026. Rabbit is already live in KSA. The Company has established its regional headquarters in Riyadh – with a growing Saudi team, and its operations […]

Egypt’s Stakpak Raises $500,000 Pre-Seed Round to Revolutionize DevOps with AI-Powered IDE

Egypt’s Stakpak Raises $500,000 Pre-Seed Round to Revolutionize DevOps with AI-Powered IDE

San Francisco/Cairo – April 4, 2025 — Stakpak, Inc., the company behind the first AI-powered Integrated Development Environment (IDE) for software infrastructure, today announced it has raised $500,000 in a pre-seed funding round led by P1 Ventures, with participation from Digital Currency Group, 500 Sanabil, and prominent angel investors including Moataz Soliman and Omar Gabr, […]

AlHuda CIBE and Autosoft Dynamics Join Forces to Promote end-to-end Islamic Banking Suite

AlHuda CIBE and Autosoft Dynamics Join Forces to Promote end-to-end Islamic Banking Suite

March 25, 2025 Dubai – UAE: Alhuda Center of Islamic Banking and Economics (CIBE), a globally recognized leader in promoting Islamic banking and finance, has signed a landmark agreement with Autosoft Dynamics, a renowned banking software solutions provider, to introduce cutting-edge core banking system along with end-to-end Shariha Compliance Islamic Suite (Consumer & Commercial) for Banking / […]

Al Tadamun Microfinance Foundation Renews EGP 195 Million Credit Facility with QNB Egypt

Al Tadamun Microfinance Foundation Renews EGP 195 Million Credit Facility with QNB Egypt

Cairo – Al Tadamun Microfinance Foundation, a leader in microfinance for micro-projects aimed at women, has reached an agreement with QNB Egypt, a subsidiary of QNB Group, to renew a credit facility worth EGP 195 million. This financing aims to expand the funding of micro-projects owned by women throughout the country. This agreement reflects the commitment […]