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36Kr (EN)

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

Tarabut Gateway claims to be MENA’s first regulated Open Banking platform, enabling fintechs to access customer data to build and improve their digital products.

Bahrain’s Tarabut Gateway expands its Open Banking platform to UAE | KrASIA

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Bahrain’s Tarabut Gateway expands its Open Banking platform to UAE

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

KrASIA

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MENAbytes

Foundation Ventures closes debut fund for Egyptian startups

MENA

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

Over a year old, Foundation Ventures is operated by three former investment bankers who are claiming their stake in a maturing investment ecosystem.

Foundation Ventures closes its debut fund to invest in early-stage Egyptian startups | KrASIA

Foundation Ventures closes its debut fund to invest in early-stage Egyptian startups

Dubai's FoxPush bags USD 15 million for adtech platform

Dubai-based adtech startup FoxPush has secured USD 15 million from JGroup. Courtesy of FoxPush and JGroup via MENAbytes.

FoxPush's platform uses advanced user behavioral data and features an AI-driven dedicated call center.

Dubai-based adtech startup FoxPush secures USD 15 million investment | KrASIA

Dubai-based adtech startup FoxPush secures USD 15 million investment

Mobility

The electric bikes will be rolled out first in Islamabad and will reach 35 kilometers per hour.

EzBike: Pakistan’s first self-drive electric bike rental service | KrASIA

EzBike: Pakistan’s first self-drive electric bike rental service

An on-demand service platform connects waiting-time-sensitive customers with independent service providers.

On-Demand Services

Founded just a few months ago by Careem and McKinsey alumni, Retailo wants to empower over 10 million SMEs in the retail sector of the Middle East, North Africa, and Pakistan.

Retailo raises USD 2.3 million pre-seed for its B2B ecommerce marketplace in Saudi & Pakistan | KrASIA

Retailo raises USD 2.3 million pre-seed for its B2B ecommerce marketplace in Saudi &#038; Pakistan

Egypt’s NowPay raises USD 2.1 million seed investment

NowPay's team. Courtesy of NowPay via MENAbytes.

The employees of companies that use NowPay can request salary advances through its mobile app.

Egypt’s NowPay raises USD 2.1 million seed for financial wellness platform | KrASIA

Egypt’s NowPay raises USD 2.1 million seed for financial wellness platform

Healthwire's team. Courtesy of Healthwire via MENAbytes.

The startup began as a doctor booking platform in 2015, then pivoted to provide cloud-based hospital and practice management software.

Pakistan’s Healthwire closes USD 700,000 investment for its digital healthcare platform | KrASIA

Pakistan’s Healthwire closes USD 700,000 investment for its digital healthcare platform

Bykea riders in Pakistan. Courtesy of Bykea via MENAbytes.

Logistics is generally the detailed organization and implementation of a complex operation. In a general business sense, logistics is the management of the flow of things between the point of origin and the point of consumption in order to meet requirements of customers or corporations. 

Logistics

Transport or transportation is the movement of humans, animals, and goods from one location to another. 

Transportation

The investment makes Bykea one of the most funded startups in the country.

Pakistan’s Bykea raises USD 13 million for its on-demand transportation and logistics platform | KrASIA

Pakistan’s Bykea raises USD 13 million for its on-demand transportation and logistics platform

E-commerce is the activity of buying or selling of products on online services or over the Internet. 

E-Commerce

The platform launched a fashion subscription service for women called ‘The Box.’