Search Results for: VentureSouq

September 15, 2024 @ 9:40 pm By Michael Wong  |  

Bangladeshi consumer technology provider Pathao has announced raising $12 million in a pre-Series B funding round as the company shifts its focus towards fintech. The latest investment brings Pathao’s total capital raised to over $50 million, marking the largest pre-Series B funding for any Bangladeshi… Read More

December 21, 2023 @ 7:41 pm By Michael Wong  |  

Saudi Arabian fintech savings platform Hakbah has successfully raised $5.1 million in a Series A funding round, a substantial boost for the savings platform’s growth and innovation strategies. The round was anchored by venture capital firm VentureSouq and backed by new investors M-Capital and Bunat… Read More

September 6, 2023 @ 9:25 am By Omar Faridi  |  

D3 Global, a domain name company, is pleased to announce the successful close of its $5 million seed funding round, “led by Shima Capital with participation from Lightshift, Dispersion Capital, VentureSouq, Infinite Capital, MZ Web3 Fund, Kestrel0x1, Nonagon, C² Ventures, Arthur Hayes’ Maelstrom, and Identity… Read More

April 21, 2022 @ 10:15 pm By Omar Faridi  |  

Abhi, which claims to be Pakistan’s “first-ever” financial wellness platform, enabling employees to access accrued salary in advance, recently announced the completion of a $17 million Series A raise. As noted in an update shared with CI, the fund raise was led by VC  firm… Read More

March 2, 2022 @ 11:29 pm By JD Alois  |  

Singapore-based Volopay, a Y Combinator-backed neobank that offers corporate cards, payable management, business accounts, payments and more, has raised $20 million in a Series A funding round with a combination of debt and equity. The company did not share the details on the funding beyond… Read More

January 11, 2022 @ 4:12 pm By Omar Faridi  |  

Financial services have become a lot more accessible, seamless, and user-friendly in the past decade due largely to the rise of innovative Fintech platforms throughout the world. Traditional banking service providers have launched their own digital transformation strategies in order to remain competitive in a… Read More

November 22, 2021 @ 8:31 pm By Omar Faridi  |  

GCC-headquartered early-stage VC company VentureSouq has introduced a $50 million MENA region Fintech Fund I. As mentioned in the announcement, the MENA Fintech Fund I is the first sector-wide Fintech-focused fund to be introduced across the Middle East area and Pakistan. The new Fund is… Read More

August 8, 2021 @ 6:19 pm By Omar Faridi  |  

UAE-headquartered Buy Now, Pay Later (BNPL) Fintech tabby has acquired $50 million in capital as part of its recent funding round. tabby’s Series B investment round has been led by Global Founders Capital and STV. Delivery Hero, CCVA and several other backers of tabby took… Read More

May 17, 2021 @ 3:39 pm By Samantha Hurst  |  

NymCard, a Banking-as-a-Software (BaaS) fintech based in the UAE, announced on Monday it has joined Visa’s Fintech Fast Track program. NymCard reported it has also previously completed the Visa Ready “Issuer Processor” program that ensures the fintech’s commitment to delivering tech solutions that meet Visa’s industry-leading… Read More

February 3, 2021 @ 11:49 pm By Omar Faridi  |  

Abu Dhabi based NymCard, a card issuing and processing platform, has secured $7.6 million in  capital through a Series A funding round. The banking-as-a-service (BaaS) provider confirmed that the investment round was led by Shorooq Partners along with the contributions from OTF Jasoor Ventures and… Read More

January 19, 2021 @ 12:08 pm By Samantha Hurst  |  

  Volopay, a Singapore-based fintech startup, announced on Tuesday it secured $2.1 million through its Seed funding round, which was led by Tinder Founder, Justin Mateen, with participation from Soma Capital, CP Ventures, Y Combinator, VentureSouq, and Razorpay Founders. Founded in 2019, Volopay describes itself… Read More

September 29, 2020 @ 2:53 pm By JD Alois  |  

BukuWarung, a Fintech based in Indonesia, has received over 8-figure US dollars in funding, spread over three rounds in 2020, according to a note from the company following its graduation from Y-Combinator. Investors in this round include Partners of DST Global, GMO Venture Partners, Soma… Read More

April 8, 2020 @ 9:38 am By Omar Faridi  |  

Dubai-based Mamo Pay, a Fintech firm established by former Google employees, has secured  $1.5 million in capital, in order to streamline peer to peer (P2P) payments in the United Arab Emirates and wider Middle East region. As reported by Mena Bytes, Mamo Pay’s seed investment… Read More