Fintech
Fintech
+3
May 18, 2026
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2 min read
Abu-Sheikh's Mal lands in-principle CBUAE banking approval months after record $230M Seed
The Abu Dhabi-based fintech, founded by former Astra Tech CEO Abdallah Abu-Sheikh, has cleared the first regulatory step required to launch a Sharia-compliant digital bank in the UAE.
Fintech
+3
May 15, 2026
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2 min read
Tamara Q1 2026 revenue triples as Islamic financing line scales to 27% of revenue
The Riyadh-headquartered BNPL lender's loan book grew 33%, its Goldman/Citi/Apollo funding facility was upsized to SAR 5.8 billion, and accumulated losses flipped into positive retained earnings for the first time.
Fintech
+3
May 15, 2026
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3 min read
Tabby's Saudi unit Q1 profit growth lags 34% revenue rise as in-house build-out bites
The Riyadh-headquartered BNPL lender's loan book crossed $1 billion for the first time, but operating expenses jumped 73% and net debt remains above the SAMA-prescribed ceiling.
Fintech
+4
May 15, 2026
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1 min read
Stream raises $5.2M seed extension led by BECO Capital, bringing total seed funding to $9.2M in under six months
The fintech company builds billing and payments infrastructure that consolidates invoicing, recurring payments, reconciliation and cash flow tracking into a single platform.
Fintech
+4
May 14, 2026
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1 min read
Saudi fintech Stitch raises $25M Series A led by Andreessen Horowitz in the firm's first GCC investment
The round brings Stitch's total funding to $35 million as the Riyadh-based financial infrastructure platform reports $5 billion transacted in the past six months.
Fintech
+3
May 6, 2026
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2 min read
Mubadala leads $15m Series A for UAE embedded finance lender CredibleX
Founded in 2023 by Anand Nagaraj, Ahmad Malik and Hassan Reda, CredibleX is an ADGM-regulated lender that provides SMEs with working capital through revenue-based financing, receivables financing and payable financing via an embedded, API-enabled platform.
Results
+5
Apr 29, 2026
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20 min read
Inside Tamara's Books
What 40 pages of audited financial statements reveal about how Saudi's first homegrown fintech unicorn rebuilt its revenue model, underwrites a lending book it didn't have twelve months ago, funds it all at rates its nearest competitor can't match, and prepares for what comes next.
Fintech
+4
Apr 27, 2026
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1 min read
Dubai's Comfi raises $65M pre-Series A in equity and debt to scale B2B buy now, pay later across MENA
The company offers a B2B buy now, pay later product that allows SME suppliers to provide up to 90-day payment terms to their business customers while receiving payment themselves within 24 hours.
Fintech
+3
Apr 16, 2026
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1 min read
Tabby secures UAE wallet licence, extending financial services push into its second core market
The BNPL unicorn has cleared the regulatory hurdle to hold customer funds and roll out a broader suite of financial products in the Emirates, including spending accounts, cards, and money management tools.
Results
+3
Apr 16, 2026
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2 min read
Tamara's Saudi arm hits first full-year profit of $51.5M on 90% revenue growth
The results mark a turning point for the Riyadh-headquartered BNPL unicorn, which is backed by PIF subsidiary Sanabil Investments, SNB Capital's fintech fund, and Checkout.com.
Fintech
+2
Apr 8, 2026
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32 min read
Inside Tabby's Books
What 35 pages of audited financial statements reveal about how MENA's most valuable fintech actually makes money, funds its lending, manages its risk, and plans to outmanoeuvre the regulatory constraints boxing it in.
Fintech
+3
Apr 8, 2026
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4 min read
Nubank to establish headquarters at ADGM as Latin America's largest digital bank eyes MENA expansion
The ADGM base will be set up in collaboration with leading Abu Dhabi investment, economic and financial institutions, including integrated digital banking platform Wio Bank.
Fintech
+4
Apr 7, 2026
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3 min read
Egypt's Lucky raises $23m Series B to scale consumer credit and expand into North Africa
The new capital will fund expansion of its credit product suite, entry into select North African markets and infrastructure investment.
Results
+4
Mar 30, 2026
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3 min read
Exclusive: Tabby's Saudi arm posts $55 million profit on $378 million revenue in first audited annual accounts
The numbers land at a moment when Tabby is widely understood to be preparing for a Tadawul listing, with reports that HSBC, JPMorgan and Morgan Stanley are advising on a potential flotation.
Fintech
+3
Mar 26, 2026
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5 min read
Lean Technologies becomes first fully licensed open banking provider in Saudi Arabia
The company serves over 350 enterprise clients and has processed more than $2 billion in transaction volume across the UAE and Saudi Arabia.
Fintech
+3
Mar 25, 2026
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23 min read
How stablecoins are rebuilding MENA cross-border payments
How stablecoins actually work and why Tether owns emerging markets. The regulatory landscape across Saudi, Egypt, and the UAE. The founders building the pipes, the sovereignty question, and why the window is closing.
Fintech
+3
Mar 24, 2026
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4 min read
AWS Bahrain region disrupted by drone activity for second time in three weeks
The incident comes just three weeks after drone strikes on March 1 directly hit two AWS facilities in the UAE and caused physical damage to infrastructure in Bahrain, triggering what became one of the most severe cloud outages in the region's history.
Fintech
+2
Mar 20, 2026
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4 min read
Ramp, the $32B fintech co-founded by Lebanese entrepreneur Karim Atiyeh, acquires Billhop to expand into UK and Europe
Ramp, which combines corporate cards, expense management, vendor payments, procurement, travel booking and automated bookkeeping into a single platform, currently processes over $100 billion in purchases annually and serves more than 50,000 businesses.
Fintech
+1
Mar 18, 2026
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16 min read
Kudwa's Karl Nasr on pivoting from expense management, bootstrapping first, and why hallucinations have to be zero
The Kudwa co-founder and CEO talks pivoting from Numu Cards, building an AI finance platform from MENA, and why he bootstrapped to paying customers before taking a dollar of outside money.
Fintech
+3
Mar 16, 2026
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5 min read
Exclusive: Kudwa closes $1.1M for AI-powered finance platform with backing from MENA, US and UK investors
The round, backed by 1818 Venture Capital, F6 Ventures, and Sparked VC, will fund product development and multi-geography GTM expansion.
Fintech
+2
Mar 2, 2026
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4 min read
AWS data centre in the UAE struck by "objects," taking fintech startups offline as Iranian missiles hit the Gulf
Unidentified objects struck an Amazon Web Services facility in the UAE on Sunday, triggering a fire and a cascading outage across at least 38 cloud services. Sarwa, Stake, Liv by Emirates NBD, and ADCB all reported disruptions.
Fintech
+4
Feb 16, 2026
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2 min read
Saudi energy fintech Cashin raises $16M Series A led by Impact46 to digitise fuel station operations
Founded in 2021 by Omar Al-Rumh, Abdulkarim Zureik, and Obay Al-Madhi, Cashin previously raised a $1.6M seed round led by Mine Investor with participation from BIM Ventures.
Fintech
+4
Feb 9, 2026
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3 min read
Saudi spend management platform SiFi raises $20M Series A led by Ra’ed Ventures
The round also saw participation from a mix of global and regional investors including QED Investors, Breyer Capital, MEVP, Sanabil Investments, Khawarizmi Ventures, SEEDRA Ventures, Rua Growth Fund, anb capital, and Tech Invest Com.
Fintech
+4
Feb 9, 2026
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2 min read
InvestSky raises $4M seed round, enters Saudi Arabia with CMA license and anb Capital partnership
The seed round was backed by Emkan Capital, Run Ventures, S3 Ventures (by Joa Capital), and the Al-Romaizan Family Office, bringing total funding raised to $7.4 million.
