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Sahl, a Cairo-based business, raised $6 million in Series A and seed funding to provide a one-stop shop for family expenditures with government agencies. Ayady for Investment and Development, a leading Egyptian investment group that has supported innovative businesses, led the Series A round, joining Egypt Pay, Delta Electronic Systems, and E-Finance.

[FUNDING NEWS] Cairo-Based Fintech Sahl Secures $6 Million in Series A...

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London and Dubai-based fintech Elevate raised $5 million in pre-Series A fundraising. Elevate launched earlier this year and has over 150,000 Asian and North African users. The additional money will help it expand throughout the Middle East and Africa.

[FUNDING NEWS] Dubai-based Fintech Elevate Secures $5 Million in Pre-Series A

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TNG Digital, the company that runs TNG eWallet, has partnered with Malaysian fintech startup Curlec by Razorpay.

Malaysia-Based Fintech firm Curlec Partner with TNG Digital

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Beppo has concluded a pre-seed funding round that was spearheaded by Wavemaker Partners and included unidentified angel investors.

[FUNDING NEWS] Philippine fintech startup Beppo Secures Pre-Seed Funding

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The Series B investment round of Turkish fintech start-up Colendi raised $65 million, raising the company's worth to $700 million. Citi Ventures led the round, with participation from Finberg, Hedef Holding, Sepil Ventures, Re-Pie Asset Management, and Migros Ticaret AS.

[FUNDING NEWS] Turkey-Based Fintech Start-Up Colendi Secures $65 Million in Funding

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The premier investment bank in MENA, EFG Hermes, is pleased to announce that it has acquired a minority share in Kenzi Wealth.

Egypt-Based EFG Hermes Acquires Minority Stake in Fintech Kenzi Wealth

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The fintech business Propelld, which focuses on education, has raised $25 million in debt financing for Edgro, a licenced non-banking financial company.

[FUNDING NEWS] India-Based Fintech Propelld Secures $25 Million in Debt Investment

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Linnovate Partners, a Singapore-based alternative investment fintech startup, raised $40 million in its current round.

[FUNDING-NEWS] Fintech firm Linnovate Partners Secures $40 Million in Funding

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Nitin Gupta and Arali Ventures led the latest financing round for fintech firm 50Fin, which brought in $550,000.

[FUNDING-NEWS] India-Based Fintech Startup 50Fin Secures $550K In Funding

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Zameeli, an Omani fintech company that links small and medium-sized enterprises (SMEs) with local freelancers, has ended its equity crowdfunding campaign. Established in 2021 by Tariq Al Habsi and Aysha Alqmashouai, Zameeli is a community-driven platform that caters to Omani businesses and digital talent.

[Funding Alert] Oman-based platform Zameeli secures equity crowdfunding via Mamun platform

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