Platform, Saudi Arabia and Service - Nonprofit Technology

Egypt’s SideUp raises $1.2M to grow its e-commerce support platform

TechCrunch

DECEMBER 4, 2022

After four years operating primarily as a logistics marketplace, Egypt’s Voo has rebranded to SideUp and transformed its strategy to offer a complete spectrum of e-commerce support services, including payment gateways, API integration for shipping, warehousing, fulfillment, and advisory. million seed funding. seed funding.

Saudi Arabia

Saudi Arabia Platform Support Raise

Egyptian fintech Sympl raises $6M for its ‘save now, pay later’ service

TechCrunch

DECEMBER 9, 2021

But in countries such as South Africa and Egypt, there is a newfound surge in demand for such services. And like any BNPL service, the company wants to incentivize a portion of this demographic at checkout, in-store or online. The platform is an evolution of customers’ checkout experience.

Saudi Arabia

Saudi Arabia Egypt Service South Africa

Y Combinator, 500 Startups, Plug and Play invest in Odiggo’s $2.2M seed round

TechCrunch

AUGUST 22, 2021

Servicing one’s car personally is a time-consuming, expensive and painstaking process. Egypt and Dubai-based auto tech startup Odiggo is a platform addressing this problem. It allows car owners to get the help they need by finding car services and parts suppliers from providers around them.

Saudi Arabia

Saudi Arabia Egypt UAE Africa

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Invygo raises $10M to make long-term car subscription a breeze

TechCrunch

OCTOBER 31, 2022

Invygo, a startup operating in UAE and Saudi Arabia, has raised $10 million in its Series A funding led by MEVP as it works to scale its car rental service in the region. Invygo offers three kinds of rental services. Growing subscribe-to-own service. million to date. Car subscription offerings.

Saudi Arabia

Saudi Arabia UAE Raise Qatar

Dubai-based accounting and financial compliance startup, Wafeq, raises $3M

TechCrunch

JANUARY 24, 2023

The United Arabs Emirates (UAE) and Saudi Arabia became the first member states to adopt the treaty in 2018, and its implementation meant that for the first time businesses in these territories were required to file VAT returns periodically. The startup is in the process of seeking approval from the Egyptian Tax Authority too.

Saudi Arabia

Saudi Arabia United Arab Emirates UAE Egypt

MaxAB, an Egyptian B2B e-commerce platform for food and grocery supplies, nabs $40M

TechCrunch

OCTOBER 19, 2022

Last year, MaxAB , the food and grocery B2B e-commerce and distribution platform serving a network of traditional retailers across Egypt and Morocco, raised its $55 million Series A in two tranches ; the latter accompanied its acquisition of the Morocco-based and YC-backed WaysToCap. For MaxAB, that’s its sweet spot.

Saudi Arabia

Saudi Arabia Morocco Platform Egypt

Egyptian startup Convertedin raises $3M, caters to e-commerce brands in MENA and Latin America

TechCrunch

AUGUST 9, 2022

Convertedin , an Egyptian startup that operates a marketing operating system for e-commerce brands, has raised $3 million in a seed round led by Saudi Arabia-headquartered Merak Capital. The company, in a statement, said it plans to utilize the funds for strategic hiring and further development of its platform.

Saudi Arabia

Saudi Arabia America Raise Offline

Sequoia Capital India, STV back Dubai-based BNPL provider tabby in $54M extension round

TechCrunch

MARCH 6, 2022

Tabby , the Dubai-based buy now, pay later (BNPL) platform that lets users shop, pay later and earn cash from over 3,000 global brands, including Adidas, IKEA and Bloomingdale, has completed a Series B extension of $54 million. Its two main markets are Saudi Arabia and the UAE. The company has over 1.1

Saudi Arabia

Saudi Arabia India UAE Egypt

YC-backed Zywa, a neobank for Gen Z, raises $3M to expand across MENA

TechCrunch

AUGUST 23, 2022

Dubai-based Zywa, a neobank for Gen Z, plans to fuel its growth in the United Arabs Emirates (U.A.E), and to kick-start its expansion to Saudi Arabia and Egypt after raising $3 million seed funding at over $30 million (110 million AED) valuation. The new funding follows the $1 million pre-seed backing it secured in February this year.

Saudi Arabia

Saudi Arabia United Arab Emirates UAE Egypt

Egyptian ride-sharing company Swvl plans to go public in a $1.5B SPAC merger

TechCrunch

JULY 28, 2021

The trio started the company as a bus-hailing service in Egypt and other ride-sharing services in emerging markets with fragmented public transportation. Its services, mainly bus-hailing, enables users to make intra-state journeys by booking seats on buses running a fixed route. billion on the NYSE.

Saudi Arabia

Saudi Arabia Public Egypt Companies

Nomod raises $3.4M seed to allow merchants accept payments without hardware

TechCrunch

NOVEMBER 15, 2021

based fintech Nomod allows these businesses to bypass the card terminal by providing a platform to accept card payments on their phone with no extra hardware. This suite of services is essential in the primary markets in which Nomod is aiming to build a significant merchant base, like Saudi Arabia, the UAE and Bangladesh.

Saudi Arabia

Saudi Arabia UAE South Africa Bangladesh

FlapKap provides revenue-based financing to e-commerce brands in MENA, gets $3.6M seed funding

TechCrunch

OCTOBER 12, 2022

Recent research suggests that the e-commerce market in Saudi Arabia, UAE and Egypt account for a combined $21.4 FlapKap , using its revenue-based financing platform (RBF), is helping these stores solve the growth-destructive challenges emerging online stores encounter when trying to meet customer demands.

Saudi Arabia

Saudi Arabia UAE Fund Egypt

Egyptian q-commerce platform Appetito bags Lamma for over $10M

TechCrunch

MAY 31, 2022

Appetito , the Egyptian platform that delivers groceries and household products to customers from 11 dark stores across three cities in the North African country, is acquiring Lamma , an identical startup with operations in the Maghreb regions of Tunisia and Morocco. . The deal is expected to close by the end of Q3 2022.

Tunisia

Tunisia Morocco Platform Saudi Arabia

Short video platform Kuaishou to bet on the Middle East, North Africa, and Brazil markets: report

TechNode

MAY 11, 2024

Chinas second-largest short video platform Kuaishou is planning to open an office in Riyadh, the capital of Saudi Arabia, soon, according to a report by the South China Morning Post quoting Kuaishous chief financial officer Jin Bing.

Saudi Arabia

Saudi Arabia Brazil Africa Video

With $3M new funding, Egyptian startup OneOrder sets out on growth drive

TechCrunch

DECEMBER 5, 2022

Launched in March this year, OneOrder makes it possible for restaurants to order food supplies through its online platform, solving the fragmented supply chain challenges that lead to erratic prices, waste, quality issues, and storage cost. We are exploring Saudi Arabia and expanding south into our continent.

Saudi Arabia

Saudi Arabia Egypt Fund Africa

Meituan to bring delivery service KeeTa to Riyadh following its CEO’s take over of overseas business

TechNode

APRIL 28, 2024

Chinas food delivery giant Meituan is hiring Arabic- and English-proficient talent for its likely entry into Riyadh, the capital of Saudi Arabia, as the company puts expansion beyond China on its agenda as domestic consumption falls.

Saudi Arabia

Saudi Arabia Business China Service

Flextock is a YC-backed e-commerce fulfillment provider for Africa and the Middle East

TechCrunch

MARCH 3, 2021

This is where e-commerce fulfillment services come in handy. Today, Flextock , one such company providing this service to businesses and consumers in Egypt, is announcing that it is part of Y Combinator’s Winter 2021 batch. According to the CEO, Flextock is the first end-to-end fulfillment service in Egypt.

Africa

Africa Saudi Arabia Egypt Track

Remote working means this startup can use brains in emerging markets to disrupt management consultants

TechCrunch

APRIL 17, 2023

Traditional consulting firms provide high-quality services but the cost a lot and have rigid terms. And while there are plenty of portals offering low-quality freelance consulting services, these are generally unsupervised that would never work for corporates and the public sector.

United Arab Emirates

United Arab Emirates Consultant Saudi Arabia Brain

Singapore-based Volopay accelerates APAC and MENA expansion with $29M Series A

TechCrunch

FEBRUARY 28, 2022

Volopay’s platform provides startups and enterprises flexibility by issuing virtual and/or physical prepaid multicurrency corporate cards in their local currency (SGD, AUD, INR, IDR, PHP, etc) with up to 5% cashback on all card transactions. In addition, Volopay will hire aggressively in each of its new markets. .

Singapore

Singapore Saudi Arabia Asia UAE

Aramco’s Prosperity7 powers AI drug firm Insilico’s $95M round

TechCrunch

AUGUST 10, 2022

Prosperity7, the venture capital arm of Saudi Arabia’s state oil company Aramco, led the new capital infusion. Sustainable chemistry, as defined by OECD , is “a scientific concept that seeks to improve the efficiency with which natural resources are used to meet human needs for chemical products and services.”

Saudi Arabia

Saudi Arabia China New York International

Egyptian healthtech startup Vezeeta cuts 10% of 500-person staff

TechCrunch

JUNE 28, 2022

Vezeeta’s business has evolved from the “Uber for Ambulance” model it launched in 2012 to what it is now: a subscription-based doctor booking and consultation platform. Other platforms globally, as reported by Layoffs.fyi , include the likes of PharmEasy, Sami and Truepill. .

Saudi Arabia

Saudi Arabia Egypt Africa Personal

Addison Rae signs Netflix film deal after going from TikTok to He’s All That

The Verge

SEPTEMBER 8, 2021

Netflix is doubling down on TikTok star Addison Rae with a new multi-picture film deal that could see the social media celebrity bringing even more eyes to the streaming service, As part of the deal, Netflix will develop projects specifically for Rae to star in and executive produce ( via Variety ).

Saudi Arabia

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Morocco’s Freterium grabs $4M to scale its freight trucking software across MENA

TechCrunch

FEBRUARY 17, 2022

While incumbents have pioneered various enterprise resource planning (ERP) systems to digitize these processes, companies would still get four to five different software platforms to complete multiple tasks. Some are marketplaces or brokerage platforms connecting shippers with trucks, such as Trella.

Software

Software Saudi Arabia Africa Egypt

With ride-hail and delivery launch, Fenix wants to be the Bolt of the Middle East

TechCrunch

JUNE 6, 2022

Abu Dhabi-based mobility startup Fenix has added ride-hail and courier services to its portfolio of mobility products. Fenix launches ride-hailing service in Bahrain. All of Fenix’s products and services are available in the same app, the goal being to create one “mobility super app” to serve the greater Middle East.

Bahrain

Bahrain United Arab Emirates Saudi Arabia Qatar

Tabby raises $58M at $660M valuation as PayPal Ventures makes first investment in the GCC

TechCrunch

JANUARY 17, 2023

According to a statement shared by the Dubai-based company, the funding will be used to expand Tabby’s product line into a plethora of consumer financial services and support the company’s growing operations that now include Egypt. Dubai-based buy now, pay later platform tabby raises $50M at $300M valuation.

Paypal

Paypal Saudi Arabia Raise Egypt

Muslims come into the frame in Southeast Asia’s fintech boom

TechCrunch

APRIL 27, 2023

The microfinancing platform connects investors with small businesses using mudarabah, a shariah-compliant profit-sharing agreement. These factors are proving fertile ground for establishing and growing fintechs that focus exclusively on Islamic finance, offering products and services that follow shariah law. out of its 33.6

Indonesia

Indonesia Malaysia Asia Profit

Burn, baby, burn. Real estate-focused fintech startups feel the heat

TechCrunch

AUGUST 28, 2022

Los Angeles–based B Generous , a self-described “fintech for good” platform, has launched Donate Now, Pay Later (DNPL) , a new tool it says allows donors “to make contributions to their favorite nonprofits through a proprietary philanthropic credit product called a Point of Donation Loan (PoDL). Fintech for good? Anita Ramaswamy digs in here.

United Arab Emirates

United Arab Emirates San Francisco Saudi Arabia Paypal

Egyptian health and wellness platform Esaal raises $1.7M to scale across MENA

TechCrunch

MAY 25, 2022

Esaal, one such platform that has witnessed immense growth in the last two years, is announcing a $1.7 Doss further narrated how he’d browse on social media platforms and see people feel comfortable sharing personal problems, sometimes behind pseudonyms, while receiving feedback from other users who weren’t specialists in the subject matter.

Saudi Arabia

Saudi Arabia Platform Bahrain Kuwait

Egypt’s Paymob closes $18.5M Series A to expand payments services across MENA

TechCrunch

APRIL 8, 2021

The platform helps online and offline merchants to accept payments from their customers via several products and solutions. Regional expansion (with an imminent entry into Saudi Arabia this year) is one of Paymob’s objectives following this raise.

Saudi Arabia

Saudi Arabia Egypt Service Kenya

Apple, Samsung partner Servify raises $65 million for its devices after-sales and management platform

TechCrunch

AUGUST 23, 2022

The seven-year-old startup, which has raised over $110 million to date, works with over 75 electronics device manufacturers including OnePlus and Xiaomi and offers them whitelabeled after-sales services such as damage protection and extended warranty. Servify , which is operational in over 40 countries, including India, the U.S.,

Saudi Arabia

Saudi Arabia Raise Management Platform

Palm.hr raises $5M, embarks on MENA growth

TechCrunch

FEBRUARY 7, 2023

Following this growth, it is planning on expanding to Egypt and the UAE, while doubling down on Saudi Arabia, against the backdrop of $5 million pre-Series A funding it has raised, in a round led by Europe-based VC Speedinvest, which marked its debut into Saudi Arabia, and RAED Ventures, with participation from MENA focused VC firm Wamda Capital. “We

Saudi Arabia

Saudi Arabia Raise UAE Egypt

Pluto lands funding from corporate spend giants to build ‘Ramp for the Middle East’

TechCrunch

FEBRUARY 3, 2022

That has accelerated card acceptance –– with 90% card acceptance rates in the UAE and Saudi Arabia by some estimates — in the region. “It’s taken all this time since historically, banks have been extremely reluctant to partner with fintech companies, to help co-create financial products and services,” Aziz said.

Saudi Arabia

Saudi Arabia UAE Build Fund

Fintech startup Jeeves raises $180M, quadruples valuation to $2.1B in half a year

TechCrunch

MARCH 22, 2022

When it raised in September, Jeeves — which describes itself as “an all-in-one corporate card and expense management platform for global startups” — was valued at $500 million. In the short term, it’s eyeing Southeast Asia, and potentially Saudi Arabia and Africa.

Raise

Raise Saudi Arabia Mexico Colombia

Fintech Roundup: Will financial technology startups dodge the venture slowdown?

TechCrunch

MARCH 27, 2022

In fact, it describes itself as the first “cross country, cross currency” expense management platform. It’s also eyeing Southeast Asia and potentially Saudi Arabia and Africa. It also operates in the corporate spend and expense management space, with more of a global footprint and infrastructure component.

Technology

Technology Saudi Arabia Fund Paypal

SoftBank-backed Korean edtech startup Riiid acquires Langoo, expands in Japan

TechCrunch

OCTOBER 7, 2021

In Japan, Riiid will offer its services, ranging from the TOEIC to English speaking and tutoring services, to broaden its customer base. . Beyond the TOEIC mobile app, the company launched an ACT prep mobile app with ConnectMe Education in early 2021 in Egypt, Turkey, UAE, Jordan and Saudi Arabia.

Japan

Japan South Korea Saudi Arabia Vietnam

Multi-Country Rollout of Salesforce to Support Workforce Development in the Middle East and North Africa

Cloud 4 Good

MAY 3, 2022

This critical need led EFE to Cloud for Good in pursuit of Salesforce implementation services that could build and configure a system capable of tracking and managing EFE workforce development efforts. An initial solution was built on the Salesforce platform to provide a framework for managing relationships and basic process automation.

Africa

Africa United Arab Emirates Saudi Arabia Support

Tim Cook’s Apple, ten years later

The Verge

AUGUST 24, 2021

Even in 2019, when Saudi Arabia opened up state-owned oil company Saudi Aramco for trading, it didn’t dominate for long : Apple surpassed it last July on its way to a $2 trillion market cap , and Apple is approaching $2.5 The services turn. Apple’s services business eclipsed the Mac and iPad years ago.

Ipod

Ipod Saudi Arabia Job North Dakota

Korea’s Riiid raises $175M from SoftBank to expand its AI-based learning platform to global markets

TechCrunch

MAY 24, 2021

India’s online learning platform Unacademy raises $150 million at $1.45 Powered by AI and machine learning, Riiid’s platform provides education companies, schools and students with personalized plans and tools to optimize learning potential,” said Greg Moon, managing partner at SoftBank Investment Advisers. billion valuation.

Saudi Arabia

Saudi Arabia Learning Global Platform

Meituan’s next decade: expands global footprint with focus on retail and AI

TechNode

MARCH 5, 2025

Meituan, Chinas local services platform, is accelerating its global expansion with a renewed focus on grocery retail, international markets, and artificial intelligence, CEO Wang Xing announced in a recent internal meeting. This has intensified public scrutiny on how the platform balances growth with social responsibility.

Saudi Arabia

Saudi Arabia Kuwait Global UAE

Elon Musk’s Twitter (now X): Everything you need to know, from layoffs to verification

TechCrunch

AUGUST 11, 2023

The Tesla and SpaceX CEO first announced his bid to buy Twitter in April 2022, zealously driven to rid the platform of spam bots and protect free speech. Even for one of the richest men in the world, $44 billion is a lot of money to cough up to buy a middling social platform. By October, the platform was his.

Twitter

Twitter API Policy Platform

The Station: Elon’s Tesla share sale, Ford teases a second EV truck and GM’s Cruise spending ramps

TechCrunch

MAY 2, 2022

Elon Musk’s pursuit to buy Twitter continues to have an impact on Tesla, which is why I’m back here writing about a social media platform. have received permits to provide driverless ride-hailing services to the public on open roads in Beijing. — Rebecca Bellan. Deal of the week. million shares of Tesla worth about $8.5

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Why Trump’s Truth Social may not survive the hype

The Verge

FEBRUARY 23, 2022

Here are Bryan Pietsch and Jeff Stein in the Washington Post : The app says it is “America’s ‘Big Tent’ social media platform that encourages an open, free, and honest global conversation without discriminating against political ideology.” First, the news: Truth Social is live in the App Store, and hit No.

Hype

Hype Social Social Network Saudi Arabia

Egypt’s SideUp raises $1.2M to grow its e-commerce support platform

Egyptian fintech Sympl raises $6M for its ‘save now, pay later’ service

Webinars

Trending Sources

Y Combinator, 500 Startups, Plug and Play invest in Odiggo’s $2.2M seed round

Webinars

Invygo raises $10M to make long-term car subscription a breeze

Dubai-based accounting and financial compliance startup, Wafeq, raises $3M

MaxAB, an Egyptian B2B e-commerce platform for food and grocery supplies, nabs $40M

Egyptian startup Convertedin raises $3M, caters to e-commerce brands in MENA and Latin America

Sequoia Capital India, STV back Dubai-based BNPL provider tabby in $54M extension round

YC-backed Zywa, a neobank for Gen Z, raises $3M to expand across MENA

Egyptian ride-sharing company Swvl plans to go public in a $1.5B SPAC merger

Nomod raises $3.4M seed to allow merchants accept payments without hardware

FlapKap provides revenue-based financing to e-commerce brands in MENA, gets $3.6M seed funding

Egyptian q-commerce platform Appetito bags Lamma for over $10M

Short video platform Kuaishou to bet on the Middle East, North Africa, and Brazil markets: report

With $3M new funding, Egyptian startup OneOrder sets out on growth drive

Meituan to bring delivery service KeeTa to Riyadh following its CEO’s take over of overseas business

Flextock is a YC-backed e-commerce fulfillment provider for Africa and the Middle East

Remote working means this startup can use brains in emerging markets to disrupt management consultants

Singapore-based Volopay accelerates APAC and MENA expansion with $29M Series A

Aramco’s Prosperity7 powers AI drug firm Insilico’s $95M round

Egyptian healthtech startup Vezeeta cuts 10% of 500-person staff

Addison Rae signs Netflix film deal after going from TikTok to He’s All That

Morocco’s Freterium grabs $4M to scale its freight trucking software across MENA

With ride-hail and delivery launch, Fenix wants to be the Bolt of the Middle East

Tabby raises $58M at $660M valuation as PayPal Ventures makes first investment in the GCC

Muslims come into the frame in Southeast Asia’s fintech boom

Burn, baby, burn. Real estate-focused fintech startups feel the heat

Egyptian health and wellness platform Esaal raises $1.7M to scale across MENA

Egypt’s Paymob closes $18.5M Series A to expand payments services across MENA

Apple, Samsung partner Servify raises $65 million for its devices after-sales and management platform

Palm.hr raises $5M, embarks on MENA growth

Pluto lands funding from corporate spend giants to build ‘Ramp for the Middle East’

Fintech startup Jeeves raises $180M, quadruples valuation to $2.1B in half a year

Fintech Roundup: Will financial technology startups dodge the venture slowdown?

SoftBank-backed Korean edtech startup Riiid acquires Langoo, expands in Japan

Multi-Country Rollout of Salesforce to Support Workforce Development in the Middle East and North Africa

Tim Cook’s Apple, ten years later

Korea’s Riiid raises $175M from SoftBank to expand its AI-based learning platform to global markets

Meituan’s next decade: expands global footprint with focus on retail and AI

Elon Musk’s Twitter (now X): Everything you need to know, from layoffs to verification

The Station: Elon’s Tesla share sale, Ford teases a second EV truck and GM’s Cruise spending ramps

Why Trump’s Truth Social may not survive the hype

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