Fintech
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.
Fintech
+4
Jan 29, 2026
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2 min read
PayLater secures $10M seed in one of Qatar’s largest early-stage fintech rounds
The round was led by LuLu Alternative Investments, with strategic participation from Qatar Development Bank and KBN Holding, alongside a group of angel investors.
Fintech
+4
Jan 26, 2026
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2 min read
Vennre raises $9.6M pre-Series A to expand private market access in Saudi Arabia
Backed by Vision Ventures and anb seed Fund, the wealth creation platform targets the region’s HENRY segment with curated private equity, real estate, and Sharia-compliant investment access.
Fintech
+4
Jan 16, 2026
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2 min read
Flooss secures $22M Shorooq-backed credit facility in Bahrain’s first private asset-backed fintech financing
The credit facility builds on Flooss’s earlier equity funding. In its 2025 end-of-year letter, MEVP revealed it participated in a $2 million seed round for Flooss during the year.
Fintech
+5
Jan 13, 2026
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3 min read
Abdallah Abu-Sheikh’s Mal, raises $230M in largest Seed round in MENA for AI-powered Islamic finance platform
The round was led by BlueFive Capital, which manages more than $4 billion in assets, with participation from strategic investors and family offices.
Fintech
+3
Jan 9, 2026
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3 min read
Revolut continues UAE hiring spree, as it eyes acquisition of neobank FUPS in Turkey
The London-headquartered fintech is advertising new roles across compliance, risk, and senior commercial leadership, including a Head of Marketing and Growth.
Fintech
+4
Dec 5, 2025
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3 min read
CoinMENA acquired by Paribu in up to $240M deal, marking Türkiye’s largest fintech transaction
The Turkish crypto giant gains VARA and Bahrain licenses through its purchase of CoinMENA, expanding regulated operations into the MENA region as consolidation accelerates across digital asset markets.
Fintech
+3
Dec 4, 2025
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3 min read
Zazu raises $1M pre-seed to build a Mercury-style financial operating system for African SMEs
Zazu is targeting what economists call Africa’s “missing middle”: the continent’s 50 million SMEs that sit between micro-entrepreneurs served by mobile money and large enterprises supported by commercial banks.
Fintech
+4
Nov 27, 2025
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3 min read
Saudi-based Erad secures $125M facility from Jefferies and Channel to scale embedded SME finance across the GCC
The capital will expand erad’s embedded finance solutions into new B2B verticals including manufacturing, logistics, distribution and real estate services, with financing ticket sizes of up to SAR 10 million.
Fintech
+3
Nov 14, 2025
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3 min read
Lean Technologies eyes new bets ahead of potential IPO
Saudi fintech wants to push beyond open banking as it preps for a future listing, with CEO Hisham Al-Falih signalling a wider product roadmap.
Fintech
+3
Nov 14, 2025
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3 min read
Saudi BNPL Tamara turns profitable in 9M 2025 as revenue doubles and credit costs fall
Tamara doubled revenue and delivered its first sustained profit in Q3 2025, supported by the arrival of one of the Middle East’s largest BNPL financing facilities.
Fintech
+3
Nov 4, 2025
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2 min read
Ora Technologies and Azur Innovation Fund acquire Cathedis in Morocco’s first locally funded startup consolidation
Founded in 2023 by Omar Alami, ORA offers an integrated app combining peer-to-peer payments, e-commerce, on-demand services, and a forthcoming digital wallet.
Fintech
+3
Nov 4, 2025
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3 min read
Stream raises $4M seed round led by Outliers VC to automate recurring payments for MENA businesses
Founded in 2024 by Ibrahim Aldlaigan, Stream provides a platform that helps businesses manage the entire billing and payment lifecycle, from issuing invoices and scheduling recurring payments to reconciliation and cash flow tracking, without relying on third-party apps.
Fintech
+4
Oct 29, 2025
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2 min read
Tabby hits $4.5B valuation in secondary share sale backed by HSG and Boyu Capital
The deal comes just months after Tabby’s $160 million Series E in February 2025, which valued the company at $3.3 billion
Fintech
+4
Oct 21, 2025
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2 min read
Qashio acquires Saudi fintech Sanad Cash to accelerate KSA expansion
The acquisition comes shortly after Qashio raised approximately $19.8 million in fresh funding in May.
Fintech
+3
Oct 15, 2025
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2 min read
Chari raises $12M Series A to expand merchant super app and build Morocco’s first BaaS platform
Founded in 2020 by Ismael Belkhayat and Sophia Alj, Chari began by digitising procurement for Morocco’s ubiquitous mom-and-pop shops, streamlining FMCG supply chains through its mobile app.
Fintech
+2
Oct 8, 2025
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2 min read
Revolut’s Nik Storonsky swaps London for Dubai as fintech gears up for UAE launch
The move, first reported by the Financial Times, was disclosed in updates to Storonsky’s family office records.
Fintech
+3
Sep 24, 2025
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12 min read
Stitching together financial infrastructure from the Gulf to the world
The Gulf is on the cusp of a cashless economy, yet new products can still take a year to launch. Saudi-based Stitch argues the region doesn’t just need better vendors. It needs a unified stack, built locally from the ledger up, so financial institutions across the globe can launch quickly without compromising compliance.
