United Arab Emirates
Companies
Funding rounds
$6.8M
Algebra VenturesLead, Quona Capital
Added · · fintechnews.ae
GalaxyLead, SBI Group, SC Ventures, Token Bay Capital
Added · · Soter Insure adds SC Ventures and SBI to its Series B, led by Galaxy
$6M
4DX VenturesLead, Algebra Ventures, British International Investment, Quona Capital
Added · · Enza raises $6M Seed+ led by 4DX Ventures for African payments infrastructure
$135M
Added · · Hoxton Wealth secures $135M from Aspirity Partners in its first outside funding since 2018
$1M
Oraseya CapitalLead
Added · · wamda.com
$3.5M
Middle East Venture PartnersLead, A-typical Ventures, Plug and Play, Sadu Capital, Sukna Ventures, Wa'ed Ventures
Added · · OCTA raises $3.5M seed led by MEVP to launch AI agents for accounting firms
$13M
PartechLead, Algebra Ventures, Silicon Badia
Added · · Synapse Analytics raises $13M Series A led by Partech
$50M
GIB Saudi Arabia, Kanoo Ventures, Riyad Bank, SAB Invest, Zamil Group
Added · · Tarabut secures $50M strategic financing from Saudi banks and family groups
$68M
SBI GroupLead
Added · · Weekly update #147
$250M
Ion PacificLead, MubadalaLead, Woven CapitalLead, BlackRock, BlueCrest Capital Management, Franklin Templeton, Left Lane Capital, MUFG, OPG Pension Plan, Silverbacks Holdings, Sona Asset Management, Square Associates, The Latest Ventures, The Raptor Group, Uber
Added · · Weekly update #144
News
Dubai's VARA and Mastercard sign an MoU covering sandbox options for virtual asset founders
Dubai's Virtual Assets Regulatory Authority (VARA) and Mastercard have signed a memorandum of understanding to grow the emirate's virtual assets sector,…
Mastercard and LiaPay bring earned wage access cards to GCC workers
Mastercard has partnered with LiaPay, the GCC payroll app run by fintech Liabify, to issue Mastercard Platinum prepaid cards to salaried employees in LiaPay's…
Abu Dhabi payments firm enza lands US$6.75M in first outside funding
enza, headquartered in Abu Dhabi, brought in US$6.75 million in seed funding, with Algebra Ventures and Quona Capital leading together. It marks the company's debut external raise. enza provides banks and fintechs across Africa with payment products adapted to each market, such as cards, wallets and instant payments.
Soter Insure adds SC Ventures and SBI to its Series B, led by Galaxy
Soter Insure has held the second close of its Series B, adding Standard Chartered's SC Ventures and SBI Group as strategic investors.
Enza raises $6M Seed+ led by 4DX Ventures for African payments infrastructure
Enza has raised a $6 million Seed+ round led by 4DX Ventures.
BY Venture Partners closes $60M Fund III and opens a Lisbon office
BY Venture Partners has closed its third fund at $60 million and opened a Lisbon office.
Ziina becomes the first homegrown UAE fintech with Central Bank licences across payments, stored value and exchange
Ziina has secured a Retail Payment Services Category III licence and authorisation for Exchange Business Category IV activities, under its existing Stored…
Oraseya Capital doubles its fund to AED1B ($272M) and raises its maximum cheque to $6M
Oraseya Capital, the venture arm of Dubai Integrated Economic Zones Authority (DIEZ), has doubled its fund from AED500 million to AED1 billion, about $272…
NEOPAY agrees to acquire a 65% controlling stake in noon payments
NEOPAY has signed a definitive agreement to buy a 65% controlling stake in noon payments, the payments arm of e-commerce platform noon. Financial terms were…
Huspy acquires Italy's Integra Finance and plans an $86M investment in the Italian market
Huspy has acquired Integra Finance, an Italian credit intermediary, as its entry into Italy, where it plans to invest $86 million (AED 315 million) to build a…