Noqood Finance Gets License To Support SMEs in Egypt
Noqood Finance can now legally engage in financing small and medium-sized enterprises (SMEs) under the supervision of the national Financial Regulatory Authority – FRA – in Egypt.
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OpenseedVC Reaches First Close of $10m Fund for Early Stage Startups across Africa and Europe
Female-led OpenseedVC has reached the first close of its $10 million angel-style early-stage fund, hoping to reach the final close within a year.
Chris Skinner’s Ramses Startup Expands to Egypt and Sudan
American fintech marketplace Ramses has Chris Skinner joining as a founding partner as it prepares to launch its business in Egypt and Sudan.
Egyptian Financial Platform Swypex Launches Upon $4M Investment
Swypex has secured a $4 million seed investment round, led by the renowned venture capital fund Accel.
MENAP-Based Fintech ABHI Expands to Saudi Arabia
An emerging fintech operator, ABHI, with established operations in Pakistan and UAE, has expanded its business to the Kingdom of Saudi Arabia through a partnership with Alraedah Digital Solutions.
Temasek-Backed Agritech Rize Raises $14M Series A Funding
Rize has an ambitious goal to eliminate 100 metric tonnes of carbon emissions while decarbonising rice cultivation with its robust technology stack.
Saudi Arabian Startups to Watch in 2024
As we progress into the digital age, the startup ecosystem in Saudi Arabia is undergoing a swift and remarkable transformation. The year 2024 stands out as a particularly noteworthy period in this evolving landscape due to the emergence of an array of innovative companies that span a variety of sectors.
PsiQuantum to Build First Commercial Quantum Computer
PsiQuantum aims to build a utility-scale fault-tolerant quantum computer capable of error correction in Brisbane, Australia.
Ex-AWS Exec Launches AI Startup for ERP Systems
Bernard Leong, angel investor and ex-AI executive at Amazon Web Services (AWS), has launched a startup focused on financial enterprise resource planning (ERP) enabled by artificial intelligence.
Ethiopian Eco Startup Kubik Gets Fresh Funding for Pan-African Growth
Kubik is turning plastic waste into eco-friendly interlocking building materials like bricks, columns, beams and jambs.
IFC Invests $7M in Philippine Fintech Salmon
IFC has joined a $25 million Series A extension round for the Philippine fintech firm Salmon Group Ltd to enable consumer fintech to develop new credit products and boost access to banking among the underserved.
Nvidia to Acquire Israeli Startup Run:ai
AI workload management and orchestration software provider Run:ai has fruitfully collaborated with Nvidia since 2020.
Most Promising Startups in Qatar 2024
The startup ecosystem in Qatar is experiencing a dynamic phase of growth and development. As for 2024, the landscape is becoming increasingly vibrant and energetic, showcasing a promising future for this Gulf nation’s business sector.
Scale-Up Mastery: What the Founders’ Club Can Teach About Growth
In the dynamic and often tumultuous journey of building a business, the transition from startup to scale-up is a pivotal moment. It represents a phase where the initial product-market fit has been established, and the focus shifts towards scaling operations, expanding market reach, and sustaining growth. The scale-up founders’ club offers valuable insights who navigate this transition […]
Parcha Introduces AI-Powered Solution to Automate Compliance Reviews for Banks and Fintechs
AI-focused tech startup Parcha has launched its first innovative AI solution suite for automating manual compliance review in customer onboarding starting with KYB and KYC.
6 Startup Ideas for Those Having a Marketing Degree
In the dynamic world of business, possessing a marketing degree is more than just an academic achievement; it’s a gateway to endless entrepreneurial opportunities.
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