Market Intelligence

Saudi fintech giant PayTabs completed an acquisition exceeding $100 million for Amazon's payment operations in MENA to build an integrated financial processing powerhouse.

PIF-backed HUMAIN entered a partnership with Together AI to develop a 250MW compute facility targeting over $5 billion in annualized compute revenue.

Deeptech enterprise Hazen.ai raised $8 million in a funding round led by Impact46 to expand its sensor and video processing AI platforms.

Saudi HRTech startup ZenHR secured $6M in funding from Impact46 to scale its AI-powered workforce management platform across the MENA region.

Fintech platform Rabeh raised $8.5M to scale its platform connecting entrepreneurs and startups with investors across Saudi Arabia.

Edtech Dawraty secured investment from Qatar Development Bank as part of a $2M seed round to scale healthcare professional certification and workforce upskilling across the GCC.

Saudi enterprise AI startup Gaia raised $1.5M in pre-seed funding to expand enterprise AI automation solutions across the Kingdom.

Dawraty secured contractual revenue via a master partnership and reseller agreement with Qatar Finance and Business Academy to expand professional training.

Sav raised $3.5 million in a Pre-Series A round led by Phoenix Venture Partners to expand its AI-driven open finance and wealth management platform into Saudi Arabia.

The AI software platform raised Series C funding to support its planned expansion into the Gulf Cooperation Council region.

Emirates NBD partnered with the Dubai Future District Fund to accelerate the integration of AI and fintech solutions into its banking operations.

Sohar International partnered with Terminal 11 to launch a dedicated hub connecting startups with banking expertise and financial infrastructure.

The company raised Series A funding to expand its sovereign AI platform for critical infrastructure operators across the Gulf.

Dubai-based Numi emerged from stealth with an AI-native personal finance management platform and joined the UAE's Open Finance regulatory sandbox.

Argentinian fintech Pomelo launched an API-first global card program allowing banks and fintechs to issue cards worldwide without local licenses.

Chinese tech giant Tencent is in talks to become the largest shareholder of Manus, an AI startup focused on enterprise automation.

Egypt's MNT-Halan closed a growth capital round valuing the fintech superapp at $1.4 billion to support regional expansion.

Cross-border payments platform Nium raised Series E capital to fuel global network expansion and product innovation for B2B payments.

Singaporean fintech Aspire expanded to the United States with an AI-driven financial command center for global payroll and spend management.

Zand Bank received approval from the UAE Central Bank to launch the country's first regulated multi-chain AED-backed stablecoin.