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Egyptian mass e-commerce platform Kenzz raises $3.5 million seed funding

Arabiya Capital Staff -
Egyptian mass e-commerce platform Kenzz said Tuesday that it raised $3.5 million in a seed funding round led by Outliers Venture Capital as the...
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Healthtech startup Vezeeta secures funds to fuel growth, bringing total funding close to $90 million

Arabiya Capital Staff -
Egyptian health-tech startup Vezeeta said Wednesday that it has raised new funding to fuel its growth plans and fund imminent merger and acquisition deals...
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Egypt’s Convertedin raises $3 million in seed round, plans expansion

Arabiya Capital Staff -
Convertedin, an Egyptian startup that operates a marketing system for e-commerce brands, raised $3 million in a seed round led by Saudi-based Merak Capital...
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Banque Misr joins forces with SAP to enhance business continuity

Arabiya Capital Staff -
Egypt’s second-largest state lender Bank Misr has joined forces with SAP to ensure banking business continuity and digital employee engagement as part of the...
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Egyptian fintech startup valU raises $12.4M, valuation touches $247.4M

Arabiya Capital Staff -
Egyptian buy now pay later (BNPL) firm valU said Monday that it has secured a $12.4 million capital injection from the Alhokair Family, valuing...
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“OPay” announces the launch of its first store in Egypt

Arabiya Capital Staff -
OPay Egypt announced the opening of its first “OPay” store in Egypt in the Downtown area in the 5th Settlement, to offer all the...
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Finastra partners with DataGear to help corporate banks in Egypt optimize core processes

Arabiya Capital Staff -
Finastra announced its partnership with DataGear, a leading service provider for banking and financial services in Egypt, to enable corporate banks to rationalize core...
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Barclays selects HPE GreenLake for Private Cloud Platform

Arabiya Capital -
Hewlett Packard Enterprise announced that Barclays has selected HPE GreenLake to deliver its global private cloud platform. The bank has signed a strategic cloud...
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Uber joins forces with Paymob to broaden in-app payment solutions in Egypt

Arabiya Capital Staff -
Uber announced its partnership with Paymob, the leading digital payment service provider, to expand payment options on the Uber app, in a bid to...
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Mastercard and ProgressSoft partner to simplify remittance solutions across Middle East and North Africa

Arabiya Capital Staff -
Mastercard has entered into a strategic partnership with the real-time payment solutions company, ProgressSoft, to ease the integration of Mastercard Cross-Border Services and accelerate...
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