Daily Digest Tuesday, 9 June 2020
Funding In North Africa
Shezlong raises investment to expand its operations to help mental health
Shezlong has raised a new investment to expand its services in the Middle East and North Africa region as well as Arabic speaking population globally, and to introduce new products that focus on mental health including Texting-Base Therapy and Corporate Wellness programs. Read More
Funding In Southern Africa
Sticitt, South African Cashless Payment Startup Raises 4.2 Million Rands Funding [Update]
Even in the midst of global despair, venture capitalists are seeking out businesses with opportunities to make an impact in the market, this points out why the fintech sub-sector is making a lot of inroads and attracting great attention. Read more
Funding In Other Emerging Markets
Robo-advisory startup Wahed closes $25M strategic funding round to expand in MENA
Wahed, a robo-advisory service that provides efficient, reliable, and accessible Shari’ah compliant investment platform to investors has raised a $25M strategic funding round led by Saudi Aramco Entrepreneurship Ventures (Wa’ed Ventures) and BECO Capital. Read more
Tabby, the UAE’s first Buy Now, Pay Later solution secures $7M in funding
Tabby, a FinTech startup that provides consumers across the UAE and Saudi Arabia with the flexibility to pay for their online and offline purchases either in a deferred single payment or in multiple installments has raised $7M in funding. Read more
Web – events
GFA’s Must Attend Web Events For The Week June 6-June 12
Not all the events are free and some will require booking in advance. Please click on the event names to find out more information. Read more
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