MENAbytes

The startup recently launched its own private and white-label products as well.

Tpay Mobile was previously acquired by African investment firm Helios Investment Partner.

So far, the company’s super app has been localized for users in United Arab Emirates, Saudi Arabia, and Pakistan.

The funding is directed at cultivating the financial services sector in the MENASA region.

The startup says it has handled 10,000 cases in Arabic-speaking countries as well as in Europe and North America.

Vezeeta has been aggressively expanding into new products and markets and launched its telehealth solutions in Saudi in March.

Jahez offers food delivery to its restaurant partners in over 20 cities of the Kingdom.

Peak would be the first Turkish unicorn and the acquisition the second largest in MENA, only behind Uber’s USD 3.1 billion purchase of Careem.