Featured Islamic FinanceStartup impact: Is MENA the next Silicon Valley?WebAdminJanuary 6, 2023 by WebAdminJanuary 6, 2023 In January 2022, Saudi Arabia financial company Foodics acquired food tech startup POSRocket... Read more
Featured InsuranceIndonesian insurtech Fuse raises $25 mn to expand in Southeast AsiaIFM CorrespondentDecember 13, 2021 by IFM CorrespondentDecember 13, 2021 The startup has raised nearly $50 mn in the last 6 months... Read more
Featured FintechAfrican startup Adumo acquires fintech SwitchPayIFM CorrespondentDecember 2, 2021 by IFM CorrespondentDecember 2, 2021 Adumo’s investment in SwitchPay will go towards expanding its business offerings... Read more
Featured FintechMFast bags $1.5 mn funding to expand its operations across VietnamWebAdminJune 21, 2021 by WebAdminJune 21, 2021 The company acquired $1.5 mn in a pre-series A funding round that was headed by DO ventures along with Jafco Asia... Read more
Featured HealthcarePrixa acquires funding of $3 mn from Telkom’s MDI VenturesWebAdminJune 4, 2021June 7, 2021 by WebAdminJune 4, 2021June 7, 2021 The healthcare startup provides telemedicine services for insurance companies, corporations and government entities... Read more
Featured FintechSVB-led startup Chipper Cash raises $100 mnWebAdminJune 1, 2021June 2, 2021 by WebAdminJune 1, 2021June 2, 2021 Currently, the app is available in seven countries like Ghana, Kenya, Nigeria, Rwanda, South Africa, Tanzania and Uganda, along with the UK... Read more
Banking FeaturedFintech Revolut leaves Canada after 18 monthsAshwini sekarMarch 19, 2021 by Ashwini sekarMarch 19, 2021 After around 18 months in the country, the fintech startup withdraw operations... Read more
LogisticsEgyptian startup Swvl eyes global expansion after fundingInternational Finance DeskSeptember 16, 2019November 4, 2019 by International Finance DeskSeptember 16, 2019November 4, 2019 The startup raised $42 million in fresh capital in a Series B-2 round... Read more
FintechBrazil fintech Banco Inter raises $343 mn from SoftBankInternational Finance DeskJuly 31, 2019December 23, 2019 by International Finance DeskJuly 31, 2019December 23, 2019 Shares in Brazil’s Banco Inter surged more than 20 percent as Japan’s Softbank bought into the company.... Read more
TechnologyBrazil VC Monashees raising $250 mn to fund startups in Latin AmericaInternational Finance DeskJuly 16, 2019December 17, 2019 by International Finance DeskJuly 16, 2019December 17, 2019 Firms in Monashees portfolio have raised up to $2 bn from global investors after raising funds from the Brazilian VC ... Read more