Fintech Leads as Startup Investments in MENA Hit $508.64 Million

By the End of April 2026

تقرير الاستثمارات عن شهر إبريل 2026

Total startup funding across the Middle East, Africa, and the Gulf region surged to $508.64 million by the end of April, up from $69.6 million in March, marking a significant growth of 723.6%.

According to the monthly startup investment report published by entArabi for April 2026, a total of 24 deals were recorded during the month, including 21 disclosed transactions.

The fintech sector dominated investment activity, attracting $481.5 million—accounting for 94.7% of total funding—across four deals.

It was followed by the artificial intelligence sector, which secured $45.85 million through five deals, representing 9.01% of total transactions.

E-commerce ranked third, with investments totaling $22.2 million across five startups, representing 4.36% of total funding.

Key Deals by Sector

  • Fintech: 4 deals worth $481.5 million
  • Artificial Intelligence: 5 deals worth $45.85 million
  • E-commerce: 5 deals worth $22.2 million
  • Digital Hospitality & Tourism: 2 deals worth $10 million

Key Highlights

Plata

The Qatar Investment Authority (QIA) participated in a $405 million Series C funding round for digital banking platform Plata, led by Bicycle Capital alongside a group of international and regional investors.

The round raised the company’s valuation to $5 billion.

Comfi

Comfi raised $65 million in a pre-Series A round combining equity and credit facilities. The round was led by Iliad Partners, with participation from Yango Ventures and Raw Ventures.

Chazm

UAE-based Shorooq Partners participated in a $10.3 million Series A round for South Korea-based fintech platform Chazm.

The round was led by Stonebridge Ventures, with participation from KB Investment, Futureplay, Zero1NE Ventures (Hyundai Motor Group’s investment arm), and LX Ventures.

Signit

Saudi-based Signit raised $15 million in a Series A round to expand its AI-powered contract management and digital signature services.

The round was led by Raed Ventures, with participation from STV, Seedra Ventures, Takamol Ventures, and Suhail Ventures.

NeuBird AI

U.S.-based NeuBird AI secured $19.3 million in a funding round led by Xora Innovation, with participation from Prosperity7 Ventures, Mayfield, StepStone Group, and

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