James Kevan

UAE fintech Ziina زينة raises $22 million in Series A funding round led by Altos Ventures #uaefintech #fintechuae #fintech #fintechnews #finance #financialtechnology #technology #tech #technews #UAE #investinginfintech #investments #investors #investing #capitalraise #funding #capraise #VC #venturecapital

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UAE Fintech Mamo Secures $3.4 Million for Regional Growth Dubai-based fintech startup Mamo has successfully raised $3.4 million in a recent funding round, led by existing investor 4DX Ventures, the Dubai Future District Fund, and Cyfr Capital. This funding aims to accelerate Mamo's growth across the MENA region, enhancing its product offerings and expanding its team. Mamo offers a consolidated platform for payment collection, corporate cards, and expense management, specifically designed to simplify financial operations for SMEs in the MENA region. SMEs, which constitute 94% of UAE companies, are a critical focus for Mamo, helping streamline financial processes and enhance cost-efficiency. Key Highlights: » Funding Amount: $3.4 million » Lead Investors: 4DX Ventures, Dubai Future District Fund, Cyfr Capital » Objective: Accelerate regional growth, enhance product offerings, expand team » Total Funding to Date: $13 million Mamo’s integrated financial services platform helps SMEs save on transaction fees and manage finances more effectively. #Fintech #Mamo #InvestmentNews #UAE #MENA #Startups #BusinessNews

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#FinTech is leading this fascinating movement, which is driving Dubai's continued rise to prominence as a global center of innovation. Due to the government's dedication to creating a favorable regulatory environment and ecosystem, #Dubai is drawing both entrepreneurs and top FinTech companies. This fosters innovation and changes the financial landscape by fostering a dynamic environment. Dubai provides the ideal environment to boost your growth, regardless of whether you're an established financial institution looking to adopt new technologies or a startup with a game-changing idea. Participate in the discussion and help shape the #FinTechrevolution that is changing the financial landscape! Take advantage of valuable insights on FinTech! ➡️ Follow us on Tntra! #FinTechSolution #FinTechInnovation #TechSolutions #DigitalTransformation #FinTechDubai #DubaiInnovation #FutureOfFinance #FinTechStartup #Tntra #DubaiStartups #FinTechTransformation #FinanceIndustries #SmartDubai #SoftwareSolutions #DubaiFinancialHub #FutureTech #TechTrends #EnterpriseSoftware #TntraInnovation #MiddleEast #UAE #MENA #DubaiBusiness #InnovationHub

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A recently released article by TechBullion discussed Dubai's booming fintech ecosystem. This growth is driven by key factors like government economic projects, strong market performance, SMB diversity, and strategic alliances with local private companies like Seed Group. Read the insightful piece here: https://lnkd.in/dCXaQhfc

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UAE-based fintech startup Alaan has clinched the top spot in G2's global fintech report for Spring 2024, reaffirming its position as a leader in corporate card and expense management in the Middle East. This recognition underscores Alaan's dedication to excellence and highlights the UAE's emergence as a prominent fintech hub. Co-founder and CEO Parthi expressed pride in the achievement, attributing it to the company's commitment to innovation. Alaan's notable accomplishments include being the first in the region to integrate OpenAI technologies and signing a significant five-year deal with Visa to promote a cashless economy. Investor Jad Halaoui commended Alaan's success, emphasizing its significance for UAE startups and the broader tech industry. As Alaan continues to grow and innovate, its G2 ranking serves as validation and inspiration for future endeavors, contributing to the advancement of the UAE's technological landscape. #homegrown #Alaan #fintech #startup

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The UAE's Fintech Boom: A Lucrative Market with Hidden Challenges The UAE's Fintech market is surging but navigating it can be tricky. Legacy systems, compliance burdens, and keeping pace with innovation slow you down. This blog offers practical solutions! Discover how to overcome these hurdles and thrive in the UAE's Fintech revolution. Learn how Ascertain Technologies can be your trusted partner. Click the link to unlock the UAE's Fintech potential! 🌏https://lnkd.in/dSK83-fM Ascertain Technologies - Your Trusted Partner in Fintech Excellence.🤞 #fintech #digitaltransformation #uae #innovation #cloudsolutions #financialtechnology #fintechrevolution #techinnovation #cloudcomputing #investmentbanking #corporatebanking #techsavvy #ascertaintechnologies

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Abu Dhabi technology investment firm MGX is reportedly in talks with OpenAI as part of a multibillion-dollar fundraising round for the startup behind ChatGPT. Sources familiar with the matter told The Wall Street Journal that MGX, which the UAE created earlier this year to invest in artificial intelligence (AI) projects, hasn’t determined the size of a potential investment in OpenAI. OpenAI is in talks to raise $6.5bn from investors at a valuation of $150bn, and the new valuation will cement the ChatGPT creator’s position as one of the most valuable startups in the world. Venture-capital firm Thrive Capital has committed $1bn and will lead the round, while Microsoft, Apple and Nvidia are in talks to also invest, according to a Bloomberg report. The potential investment would bring the Gulf state closer to one of the world’s leading AI companies and one of the most valuable private startups in the US. OpenAI | ChatGPT | #ChatGPT | #UAE | #AI

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