Egypt's Kenzz raises $3.5 million Seed round
Egypt-based mass e-commerce startup Kenzz, has completed a $3.5 million Seed fundraise led by Outliers Venture Capital, HOF Capital,...
Source: wamda.com
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What are the repercussions of Capiter's downfall?
There was a surge in startup activity during the pandemic that saw record-breaking investment channeled to some of the region’s most...
Source: wamda.com
Capiter raises spectre of failed Pakistani startup
After struggling to meet payroll, pay suppliers and laying off dozens of staff, Capiter's board has removed the Nouh brothers as CEO and COO.
Source: techcabal.com
The Middle East and North Africa's 10 most funded e-commerce startups
RIYADH: As technology transforms the world from physical to digital, the retail industry, digitally known as e-commerce, has been one of the most rapidly changing sectors in the Middle East and North Africa. The e-commerce industry in the MENA region is estimated to be valued at $31 billion in 2021 and will reach over $50 billion by 2025. In this edition, Arab News has
Source: arabnews.com
👨🏿‍🚀TechCabal Daily - Kenya: Flutterwave and Chipper Cash are unlicensed
Yesterday, CBK governor Patrick Njoroge said that Flutterwave and Chipper Cash are not licensed to operate in Kenya. This brings into question Kenya's irregular licensing window, with some of its fintechs obtaining licenses only decades after launch. Read more.
Source: techcabal.com