Finance | Page 6

The extension round follows Paymob's continued profitability in its core market of Egypt having recorded six times revenue growth since the initial Series B funding in Q2 2022.

Founded by tech entrepreneurs Farah Zafar and Dave Catudal, Lyvely stands out for its hybrid approach to disrupting socialfi.

By mirroring the value of the UAE dirham, which is amongst the world's most stable currencies, this stablecoin aims to bridge the gap between traditional finance and the digital economy.

Blockchain Life 2024 will feature a diverse range of panel discussions, keynote presentations, and the largest crypto expo with over 200 booths.

Knowing the difference between acceptable unprofitability and genuine financial trouble is crucial for investors and entrepreneurs alike.

The newly raised capital will be allocated to expand Mamo's product offering within the UAE and support testing its product lines in Saudi Arabia.

24 Fintech has a singular objective at its crux: to become the most influential and impactful fintech business event, platform, and community across Asia, Europe, and MENA.

Unlike their full-time counterparts, fractional CFOs offer tailored expertise on a part-time basis, providing strategic financial guidance without the burden of a long-term commitment or the hefty price tag of a full-time executive.

Nclude has funded startups across fintech such as Paymob, Khazna, Lucky, and FlapKap, and it also has done investments in proptech, healthtech, foodtech, and agritech.

Egypt's investor landscape has a fair mix of local, regional, and international investors ploughing funds into the ecosystem.

Leo Capital has a unique focus- it aims to help companies access affordable and specialized talent in India, and also to enter the US market.

As a leading VC firm in Saudi Arabia, Impact46 has proudly backed startups on their path to the stock market, which is a milestone that presents itself as a celebration of the company's growth and legitimization of its sustainability.

With the journey their enterprises were on together coming to an end, Lahyani reflects on the successful founder-investor relationship he had with BECO Capital founder and CEO Dany Farha.

The second edition of Dubai Fintech Summit reaffirms the Emirate's aspirations to become a global fintech hub.

The company's consolidated financial and operational results for the period ending March 31, 2024 revealed remarkable growth.

By continuously refining their regulatory frameworks and embracing emerging technologies, Middle Eastern countries are poised to lead the next wave of fintech innovation, contributing to global financial stability and economic growth.

Delve into the historical elements that have propelled Silicon Valley to the forefront of global innovation, and uncover invaluable insights for cultivating thriving venture ecosystems worldwide.

Ulter has the highest credit limit in the country, and offers flexible repayment plans spanning up to 60 months with no down payment, subject to the financed amount.

The CFO role will be critical to empower Middle East startups with full functional leadership that not only ensures an effective finance function, but scales the business in a region that is ready to reward success.

The acquisition of a minority stake in Kenzi Wealth represents EFG Hermes' commitment to driving innovation in the fintech sector and democratizing access to sophisticated investment solutions.

The latest investment brings the total capital raised by SecureMyScholarship to US$1.2 million.