{
}
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.
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.
Startups in the MENA region are attracting significant investment, particularly in fintech, gaming, and healthcare. Notable funding rounds include UAE-based NymCard's $33 million for API solutions, ClearGrid's $10 million for AI-driven debt collection, and PlaysOut's $7 million for a mini-game ecosystem. Other ventures like ORO Labs and Grinta are also expanding their offerings in tokenized gold trading and healthcare services, respectively.
Jassem Osseiran
People
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
UAE startup PlaysOut secures 7 million dollars to expand mini-game ecosystem
United States Dollar
BHR
MLI
TGO
GHA
BWA
EGY
ARE
SDN
PAK
BEN
QAT
SEN
LBY
UGA
SAU
CIV
CMR
Roberto Colucci
Usman Saleem
Jassem Osseiran
Show more
15:28 23.03.2025
UAE startup PlaysOut secures 7 million dollars to expand mini-game ecosystem
United States Dollar
TGO
QAT
LBY
GHA
MLI
BHR
ARE
CIV
BWA
CMR
SEN
PAK
SAU
SDN
UGA
EGY
BEN
CHN
Roberto Colucci
Usman Saleem
Jassem Osseiran
Show more
15:28 23.03.2025
tabuk emerges as a dynamic investment hub with diverse growth opportunities
ARE
EGY
Kais Assali
Khalid bin Faisal Al Saud
Mohammad Al Khalili
Zayne Abudaka
Omar Onsi
Ali Youssef
Yousef Srouji
Usman Saleem
Mashal Zaben
Mohamed Azab
Anis Wahabi
Obada Shtaya
Ayman Chalhoub
Hamza Mohamed
Maya Boureghda
Mohammad Abu Qare
Jassem Osseiran
Yosra Badr
Show more
11:50 23.03.2025
startups in mena attract significant funding in fintech gaming and healthcare
United States Dollar
EGY
TUN
ARE
Mohammad Abu Qare
Usman Saleem
Anis Wahabi
Yosra Badr
Hamza Mohamed
Kais Assali
Zayne Abudaka
Obada Shtaya
Jassem Osseiran
Ali Youssef
Yousef Srouji
Maya Boureghda
Mohamed Azab
Show more
06:06 23.03.2025
Trending
Subcategory
Corporate News
Stock Market Updates
Industry Trends
Finance Mergers & Acquisitions
Global Financial Events
Banking Regulations
Retail and Consumer Goods
CEO Changes
Market Analysis and Predictions
Startups & Entrepreneurship
Industry Mergers & Acquisitions
Financial Scams and Security
Government Economic Policies
Hedge Funds & Private Equity
Private Equity Deals
Central Bank Actions
Banking & Investment Regulations
Global Trade Developments
Workplace Trends
European Securities and Markets Authority
Countries:
Companies:
JPMorgan Chase & Co.
The Goldman Sachs Group, Inc.
Bank of America Corporation
Morgan Stanley
Barclays PLC
Tesla, Inc.
Citigroup Inc.
Apple Inc.
Credit Suisse Strategic Income I
Wells Fargo & Company
Walmart Inc.
Capital One Financial Corporation
AMERICAN EXPRESS
Deutsche Bank RV Global PP
Amazon.com, Inc.
Lloyds Banking Group plc
HSBC Holdings plc
Air France-KLM
HSBC HOLDINGS
BNP Paribas SA
Currencies:
United States Dollar
Euro
British Pound Sterling
Indian Rupee
Swiss Franc
Chinese Yuan
Japanese Yen
Hong Kong Dollar
Indonesian Rupiah
Swedish Krona
Australian Dollar
Pakistani Rupee
South Korean Won
United Arab Emirates Dirham
Canadian Dollar
Singapore Dollar
Mexican Peso
South African Rand
Offshore Chinese Yuan
Turkish Lira
People: