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Finance & Economics

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.

Fintech & Ecommerce

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.

Fintech & Ecommerce

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.

Fintech & Ecommerce

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.

Society & Lifestyle

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.

Fintech & Ecommerce

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.

Science & Technology

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.

Science & Technology

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.

Fintech & Ecommerce

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.

News

Nvidia to Acquire Israeli Startup Run:ai

AI workload management and orchestration software provider Run:ai has fruitfully collaborated with Nvidia since 2020.

Science & Technology

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.

Finance & Economics

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 […]

Fintech & Ecommerce

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.

Articles

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.

Articles

Fintech Startups Reshaping Payment Landscape of Qatar

Qatar has recently been making efforts to expand access to financial services to numerous underserved segments. As the country recognizes the importance of fintech solutions for financial inclusion, the local government supported fintech innovation through various initiatives, including funding programs, incubators, and regulatory sandboxes.

News

Bfree Debt Collection Startup Raises $3M to Promote Ethical Debt Recovery in Nigeria

Bfree, a Nigerian tech-enabled debt collection startup that offers an ethical alternative to aggressive money retrieval techniques, raised almost $3 million in fresh funding in a round led by Capria Ventures.