Tagged: magnitt

Cairo based Fintech CreditFins, a Credit Card Management Service, Secures Funding from Flat6Labs, AUC Angels, Others

August 2, 2021 @ 9:22 pm By Omar Faridi |

Cairo-headquartered CreditFins, a credit card management service provider, has acquired an undisclosed amount of capital via a pre-seed round. CreditFins’ investment round has been led by Flat6Labs, AUC Angels, TA Telecom Holding, along with contributions from other technology-focused angel investors. CreditFins has also graduated from… Read More

Read more in: Asia, Fintech, Global | Tagged cairo, central bank of egypt, egypt, fintech adoption, fintech trends, flat6labs, investment round, magnitt, mena, mena region

Fintech, Digital Commerce, Healthtech in Saudi Arabia are Expected to Attract Substantial VC Funding in 2021, Local Sources Reveal

February 7, 2021 @ 7:36 pm By Omar Faridi |

Saudi Arabia’s venture capital funds are increasingly looking to tap into Fintech, digital commerce, and healthcare segments this year. VC activity has increased considerably in the MENA region including Saudi Arabia during the past few years, with local startups recording a 55% year-over-year growth in… Read More

Read more in: Asia, Fintech | Tagged adel al-ateeq, coronavirus, covid-19, digital commerce, e-commerce, early-stage firms, fintech adoption, healthtech, magnitt, mena, mena region, middle east, pif, public investment fund, saudi arabia, saudi aramco, startups, vc funding, venture capital, wa'ed