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PlaysOut, a UAE-based gametech startup, has raised $7 million to enhance its mini-game ecosystem, while ORO Labs secured $1.5 million for its tokenized gold trading platform. MENA Analytics and Juridoc.tn are expanding their services with new funding, and Grinta is pivoting to healthcare after acquiring Citi Clinic. In Egypt, Fawry and Contact Financial are partnering to improve BNPL services, and Yango Group launched a $20 million venture fund to support startups in high-growth regions. Meanwhile, Tabuk is emerging as a dynamic investment hub in Saudi Arabia, with significant opportunities in tourism, agriculture, and renewable energy.
NymCard, a UAE-based fintech company, has raised $33 million in Series B funding led by QED Investors, marking their first major investment in the Gulf region. The company aims to expand its financial infrastructure across MENA, leveraging its proprietary nCore platform for enhanced embedded finance solutions.With strong backing from various strategic investors, NymCard is set to empower banks, fintechs, and enterprises by providing seamless API-driven financial services. This expansion aligns with regional financial goals, supporting initiatives like Saudi Arabia's Vision 2030 and digital payment advancements in the UAE.
Ayman Chalhoub
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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
tabuk emerges as a dynamic investment hub with diverse growth opportunities
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11:50 23.03.2025
NymCard raises 33 million dollars to enhance fintech solutions in MENA
16:34 20.03.2025
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