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Startups in Zero to One | MENA have pulled in serious funding, with fintech, gaming, and health tech ventures drawing significant interest.
UAE-based NymCard just gained $33M in Series B, backed by QED Investors and Lunate among others. Founded in 2018, it helps fintechs embed financial services into apps. With fresh capital, it’s eyeing 10+ markets and an upgraded payment infrastructure.
Newcomer ClearGrid appeared from its stealth mode with $10M in dual pre-seed and seed rounds. The AI-powered debt collection platform, founded in 2023, wants to revolutionize credit recovery with smarter, tech-driven solutions.
Meanwhile, gaming startup PlaysOut raised $7M to expand its mini-game ecosystem, ORO Labs secured $1.5M for tokenized gold trading, and MENA Analytics is scaling survey tools with fresh funds.
Tunisia’s Juridoc.tn scored investment for AI-powered legal automation, while Egypt’s Grinta raised capital and acquired City Clinic Egypt to pivot into patient care.
On the fintech front, Fawry and Contact Financial are teaming up to advance BNPL services. Last but not least, Yango Group is launching a $20M venture fund to fuel early-stage startups in high-growth regions.
MENA’s startup ecosystem is evolving at breakneck speed with fresh capital fueling innovation across the board. The region is proving to be a powerhouse for disruptive ideas. As investors double down, the momentum shows no signs of slowing.
