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Egypt’s Commercial International Bank names Tony Prestedge as executive board advisor

Commercial International Bank (CIB) in Egypt has hired Tony Prestedge as an executive advisor to its board of directors. Prestedge is a veteran...

Paymob secures $22m Series B extension to continue GCC roll-out

Paymob, an Egypt-based B2B merchant financial services platform, raised $22 million in a Series B extension led by EBRD VC (European Bank for...

ICYMI fintech funding round-up: Layer2, Qardy, United Fintech, Minos, and more

Layer2 Financial:Funding: $10.7 million Series A. Investors: Led by Galaxy Ventures, with participation from Accomplice. Purpose: To drive market expansion, product development,...

Egypt’s MNT-Halan raises $157.5 million, plots regional expansion

Key Points:Funding Sources:International Finance Corporation (IFC): $40 million Other Investors: Development Partners International (DPI), Lorax Capital Partners, funds managed by Apis Partners...

ICYMI fintech funding round-up: Fundcraft, Volta, Swypex, SAVR and more

Fundcraft:Raised €5 million in Series A funding round. Led by Swiss VC Aperture Capital with support from SIX Fintech Ventures and other...

ICYMI fintech funding round-up: Tuum, DigiMaaya, Youverify, Trampay and more

D2X: Netherlands-based crypto derivatives exchange D2X raises $10 million in Series A funding led by Point72 Ventures. The company aims to increase the...

ICYMI fintech funding round-up: Prometeo, Zeal, Detected and Finbridge Global

Prometeo's $13M Series A Funding:Uruguay-based start-up Prometeo secures $13 million in a Series A funding round led by Antler Elevate. New investors...

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