Tagged: global ventures

Pakistan based Financial Wellness Platform, Abhi Finalizes $17M Series A

Abhi, which claims to be Pakistan’s “first-ever” financial wellness platform, enabling employees to access accrued salary in advance, recently announced the completion of a $17 million Series A raise. As noted in an update shared with CI, the fund raise was led by VC  firm… Read More

Dubai Fintech Mamo Secures $8M via Pre-Series A Round, Will Expand Operations into UAE, Saudi Arabia

Dubai-headquartered Fintech firm Mamo has reportedly secured $8 million through a pre-Series A funding round. Mamo offers a digital wallet and payments platform and has previously raised $1.5 million in order to launch a peer to peer payments app. As mentioned in a release shared… Read More

Egyptian Fintech Paymob Raises $18.5 Million Series A Funding Round

  Paymob, a Egypt-based payment platform, has raised $18.5 million through its Series A funding round, which was reportedly led by India-based VC firm Global Ventures with participation from Egyptian investment fund A15 and Dutch development bank FMO. The investment round notably comes less than a… Read More

Dubai-based VC Firm, Global Ventures, Secures $50 Million in Capital, Company’s Managing Partner, Basil Moftah, Confirms

Dubai-based Global Ventures, a venture capital firm established by Noor Sweid who was previously involved with the Dubai Future Foundation and Leap Ventures, has secured $50 million in capital. This, according to Basil Moftah, the firm’s managing partner, who shared the details of the investment… Read More

Brief: Catching up with Billion Dollar Fund Co-Founder Sarah Chen & MENA Update

The Billion Dollar Fund for Women (TBDF), founded by Shelly Porges, Sarah Chen, Anousheh Ansari, Nadereh Chamlou and Anu Jain, aims to mobilize and connect venture funds with institutional and other investors to create larger pools of capital for investments into women-founded companies. The global venture consortium’s funds… Read More

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