Blnk, a fintech company on a mission to enable financial inclusion through rapid point-of-sale financing, has raised $12.5 million in equity funding and $24.6 million in local debt facilities. The funding will scale its consumer finance operations in Egypt, with a focus on onboarding women and the underbanked, by offering flexible loan sizes for a […]
Cairo, Egypt – MNT-Halan, Egypt and MENA’s first fintech unicorn, announced the successful first closing of an investment round led by Al Ahly Capital, the investment subsidiary of the National Bank of Egypt (NBE), following the completion of all necessary approvals from the relevant regulatory authorities. The transaction marks a significant milestone for both the company […]
The deal aims to Build MENA’s First Unified Digital infrastructure for innovation, entrepreneurship, and startups Ambitious expansion roadmap targeting 5 new countries by the end of 2026 Cairo, Egypt — May 18, 2025 — GrowthLabs, a leader in digital ecosystem building, today announced its acquisition of Startup Gate, a hub connecting founders, investors, and mentors. […]
Sinai.ai, the next-generation adaptive reading platform transforming books into dynamic, intelligent experiences, today announced the close of its $1.45M pre-seed funding round. The round was led by KAUST Innovation Ventures (KIV) and DisrupTech Ventures, with participation from Maza Ventures and YOUXEL Ventures, alongside a coalition of angel investors. The capital will fund proprietary tech, AI […]
Egyptian fintech startup INVIA has raised $1.2 million from angel investors and strategic supporters to scale its AI-powered financial operating system for small and medium-sized enterprises. Founded to address the growing complexity of financial management for SMEs, INVIA replaces fragmented tools with a unified platform that automates bookkeeping, cash flow tracking, inventory, and manufacturing operations. […]
Moroccan public financing institution Tamwilcom has launched a $69 million (MAD 700 million) venture-building programme to support 800 startups over three years. The initiative combines capital, mentorship, and operational support, guiding startups from ideation to market expansion. Founders will receive a monthly stipend, alongside access to grants and financing tools, including loans of up to MAD 2 […]
Saudi-based Jozo has raised $2.21 million (SAR 8.3 million) in a seed round, led by Sheikh Hamad Bin Saedan Real Estate Co. as a strategic partner. Founded in 2024 by Turki Al-Shlail and Fahad Almansour, Jozo develops solutions that enable the tokenisation of real estate assets, allowing individuals to invest in real estate with much smaller amounts […]
Cairo, Egypt, — April 7, 2026 — Lucky, a leading financial technology company in Egypt and the Middle East, today announced the successful closing of a $2 3 million Series B funding round, including a mix of equity and debt. The round was led by existing & new investors, including Disruptech Ventures, DPI Venture Capital via […]
Cairo, Egypt – Venus, a subsidiary of Karm Holding, has secured Shariah-Compliant financing worth EGP 70 million from Banque Misr to support the expansion of the Cairo 3A project; bringing the total financing obtained from Banque Misr for the project to EGP 154 Million. The funding will be directed toward scaling up the project’s energy infrastructure, with a […]
Moroccan–Senegalese mobility startup Weego has raised $1.1 million in a funding round led by Azur Innovation Fund to expand its mobility-as-a-service (MaaS) platform and accelerate its growth across African markets. Founded in 2020 by Saad Jittou and Mor Niane, the company operates a multimodal mobility application that integrates various transportation options into a single platform. […]