The round was led by Peak XV Partners (formerly Sequoia Capital India & SEA) with participation from 885 Capital founders Sudeep Ramnani and Jai Mahtani, Y Combinator, 468 Capital, Pioneer Fund, and a roster of prominent regional founders and operators.
Aug 5, 2025
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3 min read
Saudi payments app Barq has surged past 7 million users, issued 6.5 million cards and processed SAR 73B ($19.5B) in transactions since July 2024.
Jul 31, 2025
2 min read
Revolut is stepping up its North Africa expansion, naming former Uber Southern and Eastern Europe operations director Amine Berrada to lead its push into Morocco.
Founded in 2019 by Hisham Al-Falih, Ashu Gupta, and Aditya Sarkar, Lean enables businesses such as Tabby, Talabat, and Careem to access user-permissioned financial data and initiate account-to-account payments.
Jul 28, 2025
4 min read
Led by CEO and Managing Director Ahmed Mohsen, Lime is targeting a large and underserved market. Lime offers installment plans of up to 12 months for education expenses, with loan values of up to EGP 1 million and approvals granted within minutes through a fully digital onboarding journey.
Jul 22, 2025
Founded by Ahmed Zaki, Nehal Helmy, and Saif Edeen El Bendari, Flend is licensed by Egypt’s Financial Regulatory Authority (FRA) as a Digital Non-Banking Financial Institution. The company offers short-term working capital loans to SMEs through a fully digital platform, streamlining everything from onboarding and credit scoring to disbursement and collections using digitally binding contracts.
Unpacking Tabby’s Q1 2025 numbers in Saudi Arabia – profit surge, credit‐loss drag, break‐neck revenue growth, and the leverage‐heavy funding stack behind the Middle East’s most valuable VC‐backed fintech company.
Jul 17, 2025
The startup, founded in 2024 by Mazen El Kerdany and Ahmed Ashour, is reimagining how Egyptians approach saving – not by telling them to cut back, but by embedding smart, goal-based nudges and curated investment options directly into everyday financial decisions.
Jul 15, 2025
Founded by Omar Alami in 2023, ORA has taken an ambitious swing at building Morocco’s first true super-app, combining P2P transfers, e-commerce, social networking, chat, on-demand services, and a forthcoming mobile wallet in a single interface.
Founded in 2023 by Masoud Alhelou and Bashar Abalkhail, Yasmina integrates insurance directly into digital customer journeys, via a single API, allowing platforms in HR, auto, real estate, travel, and point-of-sale to offer protection products at checkout.
Jul 14, 2025
The Saudi startup, which enables Sharia-compliant debt issuance at 7x traditional speeds, will use the funding to grow its platform and retail reach.
Jul 10, 2025
1 min read
The London-based fintech, fresh off a $53M Series B, is expanding its low-cost money transfer platform into Egyptas it eyes deeper penetration across North Africa.
The Cairo-based fintech’s entry into Jordan marks its first move beyond Egypt, following a recent EGX listing and a strategic investment from Amazon.
Launched in 2025 by Iraqi-American banker Hussain Qaragholi, InstaBank aims to deliver scalable, AI-powered financial services to Iraq’s underserved population.
Jul 2, 2025
Founded by Dr. Diaa Youssef and Dr. Mostafa El-Sahli, the startup offers interest-free BNPL financing, crop insurance, and AI-powered tools to over 1,500 farmers.
Jun 29, 2025
Inside Valu’s EGX debut: With Amazon now on the cap table, we unpack the model behind Egypt’s most disciplined fintech, covering product strategy, underwriting logic, unit economics, investor dynamics, and the operators running the machine.
Jun 25, 2025
9 min read
The UAE-based company has acquired B2C player Uplines and will launch new AI and blockchain-powered products as part of its regional expansion strategy.
Jun 24, 2025
The credit facility will allow OCTA to embed short-term working capital financing directly into its platform.
Jun 19, 2025
