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Daily Digest Tuesday, 9 June 2020

Funding In North Africa

Shezlong raises investment to expand its operations to help mental health

Shezlong has raised a new investment to expand its services in the Middle East and North Africa region as well as Arabic speaking population globally, and to introduce new products that focus on mental health including Texting-Base Therapy and Corporate Wellness programs. Read More

Funding In Southern Africa

Sticitt, South African Cashless Payment Startup Raises 4.2 Million Rands Funding [Update]

Even in the midst of global despair, venture capitalists are seeking out businesses with opportunities to make an impact in the market, this points out why the fintech sub-sector is making a lot of inroads and attracting great attention. Read more

Funding In Other Emerging Markets

Robo-advisory startup Wahed closes $25M strategic funding round to expand in MENA

Wahed, a robo-advisory service that provides efficient, reliable, and accessible Shari’ah compliant investment platform to investors has raised a $25M strategic funding round led by  Saudi Aramco Entrepreneurship Ventures (Wa’ed Ventures) and BECO Capital. Read more

Tabby, the UAE’s first Buy Now, Pay Later solution secures $7M in funding

Tabby, a FinTech startup that provides consumers across the UAE and Saudi Arabia with the flexibility to pay for their online and offline purchases either in a deferred single payment or in multiple installments has raised $7M in funding. Read more

Web – events

GFA’s Must Attend Web Events For The Week June 6-June 12

Not all the events are free and some will require booking in advance. Please click on the event names to find out more information. Read more

Attention Venture Capitalists and investors GFA needs your help. Click Here

GetFundedAfrica is a technology-based, business information platform operated by Afriscaper Research & Consulting Limited with a mission to reduce barriers to funding for African businesses. GFA matches investor ready, African & African-Diaspora owned companies with global investors, leveraging market research, industry data and news aggregation

Check out our weekend Feature: GFA’s Business Journey: Pitching To Win

Are you an entrepreneur? Share your story with us and get featured on our platform send us an email nichole@getfundedafrica.com

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