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26 April 05:06 PM

SM - Fintech

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9 May 2023 00:17 PM Mubasher launches digital gateway Sharikat Mubasher
Riyadh – Mubasher: Mubasher Financial Group has announced the launch of Sharikat Mubasher as a digital gateway that will be a private companies market ecosystem with an objective to provide private equity information and make investment accessible …
Global Economy
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9 May 2023 11:40 AM Mubasher joins Fintech Galaxy, Arab Federation of Capital Markets to launch innovation lab
Mubasher: Mubasher Group has teamed up with both Fintech Galaxy and Arab Federation of Capital Markets (AFCM) to establish an open finance innovation lab that will serve the capital markets industry across the Middle East as well as the fintech …
Global Economy
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8 May 2023 04:09 PM Saudi Tadawul Group completes DirectFN stake acquisition
Riyadh – Mubasher: Saudi Tadawul Group Holding Company concluded the equity takeover transaction in Direct Financial Network Company (DirectFN Limited) on 7 May 2023, according to a bourse filing. The group’s subsidiary Tadawul Advanced Solutions …
Financial Results
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3 May 2023 07:00 PM Tarabut Gateway to boost open banking in Saudi Arabia via $32m fundraise
Riyadh – Mubasher: The region’s first open banking platform Tarabut Gateway has closed a $32 million Series A fundraise, which was led by Pinnacle Capital, a leading alternative investment company focusing on Saudi investments. Leading Saudi …
SM - Fintech
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3 May 2023 06:09 PM Region’s B2B e-commerce platfrom Eighty6 secures $3.7m funding
Mubasher: Eighty6, the online procurement platform, has raised $3.70 million in a Seed round from Sanabil 500 MENA Seed Accelerator Fund as well as a few GCC family offices and other investors. The proceeds of the fundraising transaction will …
SM - Private Companies News
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3 May 2023 02:07 PM MEA-focused Pyypl rolls out micro-investment platform
Mubasher: Pyypl, a Middle East and Africa (MEA) focused fintech, has announced the commercial rollout of its social and micro-investment platform that will support self-employed entrepreneurs in addition to micro, small, and medium-sized …
SM - Private Companies News
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12 April 2023 04:10 PM Egyptian fintechs dominate Forbes Middle East’s 2023 list; Fawry leads
Mubasher: Egypt has been the most represented country in Forbes Middle East’s list for 2023, which features 30 regional Fintech businesses in the region. Eight Egyptian fintechs were on the list, followed by Saudi Arabia with six entries. …
Companies Investments
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22 March 2023 03:28 PM anb capital partners with DirectFN to launch Nextgen Trading Platform
Riyadh – Mubasher: anb capital has entered into an agreement with Direct Financial Network Company (DirectFN) to launch Nextgen Trading Platform (NTP), according to a press release. The new platform aims to enhance the trading experience for its …
Global Economy
Founder and CEO of HyperPay, Muhannad Ebwini
15 March 2023 06:42 PM MENA-focused HyperPay to expand in Saudi Arabia through IPO
Riyadh – Mubasher: HyperPay, the Saudi payments services provider in the MENA region, intends to expand its business in Saudi Arabia by going public through an initial public offering (IPO) within the coming two years. As part of its expansion …
SM - Private Companies News
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8 February 2023 03:29 PM Saudi Arabia-based STV unveils Total Growth platform during LEAP 2023
Riyadh – Mubasher: MENA-focused independent investment firm STV has launched its Total Growth platform to drive the growth of tech firms in the region through both equity and debt, according to a press release. Backed by Saudi National Technology …
SM - Government Initiatives
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8 February 2023 02:06 PM Saudi IMPACT46 launches SAR 500m fund to boost MENA startups
Riyadh – Mubasher: Saudi Arabia-based venture capital (VC) firm IMPACT46 developed a new fund at a value of SAR 500 million ($133 million) to back tech startups across the MENA region, according to a press release. The fund aims to endorse tech …
SM - Private Companies News