FinTech
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FinTechPalm Ventures Launches $30 Million Investment Fund
The Aim is to Support Startups in the Arab Region
Palm Ventures closed its first $30 million investment fund focused on early-stage startups in the MENA region, with part of…
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FinTechWa’ed Ventures Invests in Ori to Establish an AI Company in Saudi Arabia
Wa’ed Ventures Invests in Ori to Establish a Regional Subsidiary in Riyadh, Supporting Talent Development and AI Technologies The British…
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FinTechInCred Group Acquires Arrow Capital
to Strengthen Its Presence in the Region
India’s InCred Group has acquired UAE-based Arrow Capital to enhance its operations in wealth management, investment banking, and asset management.…
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FinTechStartupsRiyadh Valley Company Invests in BECO Capital’s Fourth Fund to Support Startups in MENA
Riyadh Valley Company, the investment arm of King Saud University, has announced its investment in BECO Capital Fund IV, managed…
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FinTechGamesSaudi Social Development Bank Increases its Financing Portfolio by 158 Million SAR
To Support Digital Gaming Investments
The Saudi Social Development Bank has increased the size of its financing portfolio by 158 million SAR, bringing the total…
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FinTechAbu Dhabi Sovereign Wealth Fund Acquires $436.9 Million in BlackRock Shares
To Support Investment in Digital Assets
The sovereign wealth fund of Abu Dhabi, represented by MUBADLA Investment Company, acquired shares worth $436.9 million in BlackRock's Bitcoin…
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FinTechStartupsBlum Platform Raises $5 Million in Pre-Seed & Seed Rounds Led by gumi Cryptos Capital
Blum, a decentralized trading platform operating via Telegram, has successfully raised $5 million in a Pre-Seed & Seed funding round.
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FinTechMadica Invests $800,000 in Four African Startups to Drive Innovation and Expansion
Madica, an Africa-focused early-stage investment firm, has announced an $800,000 investment in four promising African startups, with each receiving $200,000…
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FinTechLEAPEbra Secures $2 Million Seed Funding to Develop AI-powered Debt Collection Solutions
Saudi-based company Ebra has raised $2 million in a Seed funding round led by Scene Holding, with participation from Raz…
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FinTechLeajlak Platform Secures SAR 10 Million Seed Funding Round
Leajlak secured SAR 10 million in a Seed funding round backed by angel investors. The company plans geographical expansion, entry…
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