Startups

"Abjjad," the leading e-reading platform in the Arab world, announced new leadership changes aimed at strengthening its ambitious growth and expansion strategy. The changes included the promotion of Eman Hylooz, the founder, to the position…
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Sigma Capital, a United Arab Emirates-based Web3 venture fund, announced the launch of its $100 million blockchain startup fund to help propel firms building in decentralized finance aka DeFi, blockchain infrastructure, real-world asset…
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Raseedi, a leading fintech player serving Egypt's millions of underbanked masses through its daily fintech app, has acquired Kashat, which in its role owns Pharos Microfinance S.A.E, a subsidiary of Kashat, in an equity deal to broaden its…
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Network International (Network), a leading enabler of digital commerce in the Middle East and Africa, has partnered with Money Fellows, the leading money circles app, to power a new solution that will leverage its best-in-class payment…
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Egypt’s Information Technology Industry Development Agency (ITIDA) has launched ITIDA Gigs, a new initiative designed to enhance the freelancing skills of young Egyptians. The program targets training and equipping 20,000 university…
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PayMint, a leading financial technology company, has announced that it has obtained final approval from the Central Bank of Egypt to launch its first Meeza prepaid cards in partnership with Abu Dhabi Islamic Bank – Egypt (ADIB-Egypt).…
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EdVentures, the leading EdTech-focused corporate venture capital firm in MENA, has announced six-digit investments in two promising EdTech startups through its innovative EdTech Ventures Studio (EDVS) program. This new funding expands…
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EdfaPay is pleased to announce the obtaining of a technical license as a Mobile Point-of-Sale (Soft-POS) technology provider from the Saudi Central Bank (SAMA). This milestone aligns with EdfaPay’s continuous efforts to enhance digital…
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myLAHLOOB, myGINNE’s newest service that launched on 12th of December 2024, delivers groceries in only 9 minutes in El Rehab City and soon will be available many other places across Egypt. The service empowers the local retailers and…
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Paymob, the leading financial services enabler in the Middle East and North Africa (MENA), announces its expansive merchant network will be able to accept Apple Pay in Egypt, enabling consumers to use their Apple devices to seamlessly and…
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