Founded in Dubai in 2015, Medicus AI is an AI-based platform used by diagnostic labs and health insurance companies to provide patient-friendly health reports and foster continuous and personalized well-being coaching.
In addition to potentially closing their Series A round in the first quarter of 2019, Melltoo is planning to launch the Impacter initiative in Saudi Arabia.
It goes without saying that bringing impact investing to the forefront would provide a new power and push to achieve the UN Sustainable Development Goals.
The Mohammed Bin Rashid Innovation Fund Accelerator's unique member-centric design and services will have a singular focus on achieving innovation excellence.
While total investment in fintech companies worldwide in H1 2018 hit US$57.9 billion across 875 deals, the $2 billion fintech market in the MENA region has only seen $150 million in investments in the last couple of years.
The focus has shifted beyond simple wealth creation to economies that work to alleviate the social and environmental costs that derive from inequality.
Dubbed the largest vertical focusing on mother, baby and child in the MENA e-commerce space, Mumzworld prepares for the implementation of its aggressive expansion strategy.
iCommunity, Egypt's first mobile community platform for the real estate industry, aims to transform the engagement between residents and real estate developers.
SVPER, an app that revolutionizes the way people meet online, has gained an increased investor confidence due to its potential to improve security, trustworthiness and transparency among its users.
The investment comes from major regional and global VC firms including Shorooq Investments, Middle East Venture Partners (MEVP), 500 Startups, Dubai-based Women's Angel Investor Network, Hala Ventures from Saudi, and Saned Partners from Lebanon.
The event aims to provide a comprehensive look at the latest developments in MENA's fintech industry through deep-dives into select sectors and technologies.
The startup aims to utilize the funding proceeds to further build on their accomplishments, and is looking at making focused investments in the areas of product research, operations management, and talent.