MENA

Open Banking Firm Tarabut Gateway Partners With Four Saudi Banks
Open Banking Firm Tarabut Gateway Partners With Four Saudi Banks
May 31, 2022  |  Partnerships

Bahrain-based open banking platform Tarabut Gateway has formed four new banking partnerships in the Kingdom of Saudi Arabia (KSA) as part of its expansion into...

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Travel Tech Company Swvl Plans to Cut 32% of Staff
Travel Tech Company Swvl Plans to Cut 32% of Staff
May 31, 2022  |  Transportation

Dubai-based mass transit solutions platform Swvl said it will cut its workforce by 32% in an effort to get on the path to profitability. “Such...

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B2B Retail Marketplace Betastore Nets $2.5M to Outfit Shops in Africa
B2B Retail Marketplace Betastore Nets $2.5M to Outfit Shops in Africa
May 30, 2022  |  Investments

B2B retail market Betastore, based in Nigeria, has raised $2.5 million to help informal shops in West and Central Africa with financial issues and stock-outs, a...

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Monty Finance Expands Digital Banking and Payments Platforms Into Middle East
Monty Finance Expands Digital Banking and Payments Platforms Into Middle East
May 29, 2022  |  Digital-First Banking

Technology provider Monty Finance will be pursuing expansion plans in the Middle East and adding ways to help the unbanked with digital finance services, a...

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Qatari eCommerce Startup Snoonu Buys Omani Food Delivery Platform Akeed
Qatari eCommerce Startup Snoonu Buys Omani Food Delivery Platform Akeed
May 29, 2022  |  Acquisitions

Snoonu, the tech startup from Qatar, has acquired Akeed, an Omani food delivery platform, a press release says. This will help the company towards its...

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Egyptian B2B eCommerce Startup Cartona Partners With Unilever
Egyptian B2B eCommerce Startup Cartona Partners With Unilever
May 29, 2022  |  eCommerce

Egyptian retail tech company Cartona will work with multinational consumer goods company Unilever to help add more offerings to the marketplace’s base of retailers, suppliers...

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The Data Point: SMBs Worldwide Cut Shopping Friction by 54% Year Over Year in 2021
The Data Point: SMBs Worldwide Cut Shopping Friction by 54% Year Over Year in 2021
May 27, 2022  |  SMBs

Let your mind wander back to 2020. Things looked grim for millions of small and medium-sized businesses (SMBs) worldwide as the pandemic left them disconnected...

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UAE-Based FinTech Pemo Debuts Spend Management Platform
UAE-Based FinTech Pemo Debuts Spend Management Platform
May 25, 2022  |  Spend Management

United Arab Emirates FinTech startup Pemo has debuted an all-in-one spend management platform, a press release said Wednesday (May 25). Pemo’s platform offers invoice payment...

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MENA Health Platform Esaal Raises $1.7M for Expansion
MENA Health Platform Esaal Raises $1.7M for Expansion
May 25, 2022  |  Healthcare

Esaal, an online health and wellness consultation platform for patients in the Middle East and North Africa (MENA), has wrapped a $1.7 million seed funding...

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