FinTech

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  Morocco’s WafR Raises $4 Million in Seed Funding Led by LoftyInc Alpha

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  Madfou’ Raises $25.5 Million in Pre-Series A Round to Support Digital Solutions for the Commerce and Services Sector in Saudi Arabia

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  SAMA Issues Initial Approval to Establish Rifd Integrated Company for Micro Consumer Finance Services

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  SAMA Licenses “alhulul almuntilaqa” Company to Provide Consumer Microfinance Solutions

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  FRA Grants Granite Holding a License to Operate Technology-Based Non-Banking Financial Activities

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  Bahrain-Based Floos Secures $22 Million Financing Deal Led by Shorooq to Support Shariah-Compliant Consumer Finance

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  MENA Sustainable Finance Market Hits $35.1 billion Led by Financials andEnergy: Bloomberg Intelligence

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  AFS Egypt Launches SoftPOS Solution to Turn Android Phones into Smart Point-of-Sale Devices

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  Financial Regulatory Authority and eFinance Launch Egypt’s First Integrated Digital Payments Network for the Non-Banking Financial Sector

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  Ressan Holding Buys 20% Stake in Qirat Advisory to Support Saudi Companies