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Paysky, a leading digital fintech solutions provider, has secured $6.75 million to enhance Africa's fintech infrastructure. Recognized among Forbes Middle East’s Top 50 Fintech Companies for the third consecutive year, the company operates in 18 countries and processed over $3.9 billion in transactions in 2024. Its innovative offerings include national payment systems, the Yalla Super App, and various digital payment solutions aimed at driving financial inclusion and digital transformation across the region.
Saudi Nayla Finance has raised $4 million to support micro-enterprises, while Paysky, a digital fintech leader, has been recognized among Forbes Middle East’s Top 50 Fintech Companies for the third consecutive year. Founded in 2017, Paysky operates in 18 countries, offering innovative digital payment solutions, including the Yalla Super App, which has processed over 17 million transactions since its 2022 launch. The company continues to focus on expanding financial inclusion and driving digital transformation across emerging markets.
Saudi Nayla Finance has raised $4 million to support micro-enterprises, while Paysky, a digital fintech leader, has been recognized among Forbes Middle East’s Top 50 Fintech Companies for the third consecutive year. Founded in 2017, Paysky operates in 18 countries, offering innovative digital payment solutions, including the Yalla Super App, which has processed over 17 million transactions since its 2022 launch. The company continues to focus on expanding financial inclusion and driving digital transformation across emerging markets.
UAE-based PlaysOut has secured $7 million in a seed funding round led by KBW Ventures to expand its mini-game ecosystem, valuing the company at $70 million. The funding will enhance its blockchain-powered mini-game engine, targeting growth in the US, MENA, and Asia.Meanwhile, ORO Labs raised $1.5 million to transform gold into a yield-generating asset through blockchain technology, allowing users to earn yield and trade gold-backed assets. The startup aims to bridge traditional gold markets with Web3 finance, leveraging the UAE's robust gold trade environment.
UAE-based PlaysOut has secured $7 million in a seed funding round led by KBW Ventures to expand its mini-game ecosystem, valuing the company at $70 million. The funding will enhance its blockchain-powered mini-game engine, targeting growth in the US, MENA, and Asia.Meanwhile, ORO Labs raised $1.5 million to transform gold into a yield-generating asset through blockchain technology, allowing users to earn yield and trade gold-backed assets. The startup aims to bridge traditional gold markets with Web3 finance, leveraging the UAE's robust gold trade environment.
Abu Dhabi's investment in Binance enhances its compliance and global operations, positioning it as a leading cryptocurrency exchange. Meanwhile, Tunisian LegalTech startup Juridoc.tn secures funding to expand across 17 African countries, aiming to revolutionize legal services with AI-driven solutions. Additionally, Tern Rewards launches the UAE's first digital rental payment platform, allowing tenants to pay rent via credit card while earning rewards.
Tunisian LegalTech startup Juridoc.tn has secured a strategic investment from Go Big Partners and 216 Capital Ventures to expand its operations across the OHADA region, which includes 17 West and Central African countries. This funding will enhance its AI-driven legal solutions, addressing the growing demand for digital legal services and improving access to justice. Co-founder Qais Asali emphasized the goal of democratizing legal solutions through technology, positioning Juridoc.tn as a leader in Africa's digital legal ecosystem.
Gozem, the West African super app, has secured $30 million in Series B funding to expand its services across Francophone Africa. The investment, led by SAS Shipping Agencies Services Sàrl and Al Mada Ventures, will enhance transportation and digital banking services, reinforcing Gozem's position in the region's tech landscape. Co-founders Gregory Costamagna and Raphael Dana expressed enthusiasm for the strategic partnership, which aims to accelerate growth and improve logistics and financial solutions in West and Central Africa.
West African super app Gozem has raised $30 million in Series B funding to enhance its expansion across West and Central Africa. Originally founded in Togo in 2018 as a moto-taxi service, Gozem has evolved into a super app offering ride-hailing, delivery services, and digital banking. The investment, led by SAS Shipping Agencies Services Sàrl and Al Mada Ventures, will support the financing of new vehicles for taxi drivers and the launch of Gozem Money.
A study co-funded by the African Development Bank reveals that health technology innovations could enhance healthcare delivery and management across Africa, promoting universal health coverage and supporting the UN Sustainable Development Goals. The report outlines challenges such as fragmented health data systems and complex licensing processes, while recommending policy improvements and stakeholder collaboration to accelerate healthtech development. Dr. Babatunde Omilola highlights the report's significance in guiding governments to foster an environment conducive to innovative health solutions.
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paysky secures recognition and funding to enhance fintech infrastructure in africa
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20:15 24.03.2025
paysky secures top fintech recognition and expands digital payment solutions in mena
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paysky secures top fintech recognition and expands digital payment solutions in mena
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UAE startup PlaysOut secures 7 million dollars to expand mini-game ecosystem
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15:28 23.03.2025
UAE startup PlaysOut secures 7 million dollars to expand mini-game ecosystem
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15:28 23.03.2025
NymCard and Juridoc secure funding to enhance embedded finance and legal services
16:16 19.03.2025
Tunisian legaltech startup Juridoc secures investment for African expansion
16:07 19.03.2025
Gozem raises 30 million dollars to expand super app services in Africa
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Gozem raises 30 million dollars to expand super app services in Africa
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health tech innovations could transform healthcare access in Africa
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