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The company's business model, for now, is to charge a monthly fee from developers and agents using its platform.

Egypt’s Sakneen gets Y Combinator’s backing for online real estate platform | KrASIA

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Egypt’s Sakneen gets Y Combinator’s backing for online real estate platform

Spotlighting Asia&#039;s next wave of innovations.

KrASIA

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MENAbytes

Chefaa's founders. Courtesy of Chefaa via MENAbytes.

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

Egypt’s Chefaa raises seven-figure pre-Series A for online pharmacy marketplace | KrASIA

Egypt’s Chefaa raises seven-figure pre-Series A for online pharmacy marketplace

Fintech is the new applications, processes, products, or business models in the financial services industry, composed of one or more complementary financial services and provided as an end-to-end process via the internet.

Fintech

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

Dubai fintech firm Tpay Mobile acquires Turkish payments company Payguru | KrASIA

Dubai fintech firm Tpay Mobile acquires Turkish payments company Payguru

Careem has ambitions to be the super app of the Middle East. Courtesy of Careem via MENAbytes.

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

Careem launches ‘super app’ to provide all of its services in one place | KrASIA

Careem launches ‘super app’ to provide all of its services in one place

Venture capital is a type of private equity, a form of financing that is provided by firms or funds to small, early-stage, emerging firms that are deemed to have high growth potential, or which have demonstrated high growth.

Venture Capital

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

Dubai International Financial Center’s Fintech Fund invests in four startups: FlexxPay, Rise, Now Money, and Sarwa | KrASIA

Dubai International Financial Center’s Fintech Fund invests in four startups: FlexxPay, Rise, Now Money, and Sarwa

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

Egypt’s Shezlong gets fresh funds to expand its mental health platform | KrASIA

Egypt’s Shezlong gets fresh funds to expand its mental health platform

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

Vezeeta to provide telehealth services to thousands of STC employees in Saudi | KrASIA

Vezeeta to provide telehealth services to thousands of STC employees in Saudi

Food Delivery

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

Saudi food delivery startup Jahez raises USD 36 million in country’s largest VC deal | KrASIA

Saudi food delivery startup Jahez raises USD 36 million in country’s largest VC deal

The game industry is the economic sector involved in the development, marketing, and monetization of games. It encompasses dozens of job disciplines and its component parts employ thousands of people worldwide.

Gaming

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.