Tagged: fadi ghandour

January 30, 2023 @ 11:27 pm By Omar Faridi  |  

Wafeq, a modern and easy-to-use accounting platform, has announced the completion of its $3 million seed round. The Dubai-headquartered company’s seed round was “led Raed Ventures by and saw participation from Wamda Capital, both of which are two of the most prominent names in the… Read More

December 20, 2019 @ 11:22 am By Omar Faridi  |  

Wamda, an established startup ecosystem supporter in the Middle East, recently co-led a $3 million Series A investment round with Global Ventures in Floranow, a business-to-business (B2B) online floral marketplace. Existing investors including Dash Ventures, Jabbar Internet Group, and new investors Sirocco Holdings, Adamtech Ventures,… Read More

December 8, 2019 @ 5:50 pm By Omar Faridi  |  

Wamda has reportedly made an investment in United Arab Emirates (UAE)-headquartered Fintech firm FlexxPay. The social impact company offers various benefit solutions to workers, which are available for businesses in the Middle East and North Africa (MENA) region. Wamda’s latest investment is part of FlexxPay’s… Read More

April 24, 2013 @ 10:00 am By JD Alois  |  

Only 4% of bank loans go to SMEs in the United Arab Emirates (UAE), yet the government of the UAE is pushing their citizens to start businesses according to a comment in Gulf News. As with other parts of the world the UAE is recognizing… Read More