Cairo, May 05, 2025 – Money Fellows, Africa’s leading fintech digital platform, has successfully raised $13 million in this new financing round. This strategic extension brings the total amount invested in the company to over $60 million USD since its inception. The new investment aims to enhance and upgrade the company’s digital platform, especially as its […]
DPI Venture Capital will provide investors access to pioneering, early stage, growth-orientated technology businesses across the Middle East and Africa. As part of the launch, DPI has completed a fund restructuring transaction to provide investment advice to the Nclude Fund, an established venture capital fund with $105 million in assets under management. DPI, through its […]
Accelerator Cohort 3 culminated with Demo Day at GITEX Africa 2025, following 3 months of training, mentorship, and networking. Visa’s strategic investment and commercial partnerships with Visa Africa Fintech Accelerator alumni showcase ongoing commitment to their success. [Cairo, Egypt], 16 April 2025: Visa, a global leader in digital payments, has announced strategic investments and commercial […]
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 […]
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 […]
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, […]
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 […]
Cairo, Egypt – Grinta, a leading healthcare and pharmaceutical solutions company, has announced its acquisition of Citi Clinic, a well-established primary healthcare service chain in Egypt. This strategic move is accompanied by an undisclosed amount of investment secured through a funding round led by Beltone Venture Capital and Raed Ventures, marking a significant milestone in […]
Cairo, Egypt – A Ventures has strengthened its commitment to Mrkoon, a digital marketplace for scrap and surplus materials, by increasing its stake from 20% to 28%. The investment firm followed up on its initial pre-seed funding with a new bridge round, demonstrating confidence in Mrkoon’s potential to scale beyond Egypt. Strategic Investment to Disrupt […]
Taager, an Egypt-founded social e-commerce platform, has secured $6.75 million in a pre-Series B funding round led by Norrsken22, a tech growth fund focused on Africa. The investment underscores growing investor interest in the burgeoning social commerce sector within the Middle East and North Africa (MENA) region. Existing investors, including BECO Capital, 4DX Ventures, RAED Ventures, […]