Majed Al-Rasheed’s Post

🔍 Let's Dive into Fintech Startups Challenges in Egypt Landscape with Mahmoud Bendary (Magdi); Senior Payment Project Manager at Halan 🔍 🌟💡 Thank you Mahmoud for sharing a deep understanding of the intricacies and hurdles faced by Fintech startups in Egypt. ⏳ Can't wait for the full newsletter? Stay tuned! We'll be sharing it with you shortly. #Fintech #Challenges

💫7 African fintech make CNBC's 2024 top list, serving over 41M users. We've visualised these startups, showcasing their user base and impact across the continent. From Palmpay's 30M payment users to Yoco's 200,000, these fintechs are transforming Africa's financial landscape. Follow us for more insights into Africa's digital ecosystem! . #tcinsights #fintechs #digitalpaymentsinNigeria #AfricanStartups #Africantech

US fintech company MoneyHash sets sights on Saudi Arabia's booming market 💯 With Saudi Arabia's drive to become a regional financial hub, startups worldwide are being lured by its compelling invitation. ✉ Amidst this push to enhance the fintech landscape, MoneyHash, a US-based startup founded by Nader Abdelrazik, Mustafa Eid, and Anisha Sekar in late 2020, has shown keen interest in the Kingdom's promising potential. Following a successful $4.5 million seed funding round in February, MoneyHash is now targeting the Saudi market. The company's focus lies in addressing key challenges within Saudi Arabia's payment sector, aiding businesses in recovering lost revenue attributed to payment failures and infrastructure complexities. MoneyHash employs a hybrid business model, combining fixed fees with transaction-based charges, tailored to suit customer usage and product selection. Follow Ruchi Rathor for more 😇 #ruchiwrites #fintech #fintechnews #saudiarabia #mondayvibes

Puneet Agarwal, our Director and Co-Founder joined a panel discussion at the Abu Dhabi Finance Week (ADFW 2023) to share his insights on how to build a billion dollar startup. The event themed ‘Investing In The Transition Era’, gathered global financial industry leaders to delve into the opportunities and challenges impacting the global economic landscape. A very insightful discussion, moderated by Apoorva Sharma, Stride Ventures and attended by Vineet Sukumar, Vivriti Capital. #ADFW2023 #AbuDhabiFinanceWeek #Moneyview #Fintech #GlobalEconomy #DigitalLending #BillionDollarStartup #Fintech

The Bank of Tanzania (BoT) has introduced a regulatory sandbox to support financial startups. This controlled environment allows innovators to test new products and services without full regulatory oversight. The sandbox aims to protect consumers and maintain financial stability while encouraging #innovation. The BoT's new regulations outline eligibility criteria, application procedures, and a nine-month testing period for #startups. The government's approval of this initiative is expected to significantly increase #Tanzania's #fintech sector, which currently comprises 842 startups. https://lnkd.in/g2typHag

CNBC Recognizes Flutterwave, Kuda, and Piggyvest Among Top 250 Fintech Innovators Statista, a globally renowned market data provider, and CNBC, a prominent American media company, have included seven African fintech companies—Flutterwave, Piggyvest, Kuda, MTN, Bank Zero, Palmpay, and Yoco—in their 2024 list of the top 250 fintech companies. These startups were chosen from a pool of 2,000 companies worldwide. The list, which also features major global […] More The post CNBC Recognizes Flutterwave, Kuda, and Piggyvest Among Top 250 Fintech Innovators appeared first on Tech In Africa. https://lnkd.in/gp3nU7Af

In the evolving landscape of CEE startups, ambition is key. As Jose M. Moreno de Barreda said, embracing a global perspective is not just an option, it's a necessity. This insight is a call to action for CEE startups to expand their vision and strive for international scale, overcoming regional fragmentation to achieve critical mass and market success. It highlights the urgency for fintechs to adopt and innovate with solutions like instant payments, positioning themselves at the forefront of the industry. As we prepare for this year’s UNCHIAN Fintech Festival, let's remember the power of global ambition in shaping the future of fintech startups in CEE and beyond. Watch the interview here: https://lnkd.in/gbdnMA7q #UNCHAINFestival #IFC IFC - International Finance Corporation

🚀 Exciting News: The First Startup Map of Tanzania is Coming Tomorrow! 🇹🇿 Attention all innovators, investors, and ecosystem enthusiasts! Tomorrow, we're unveiling something extraordinary: The First Startup Map of Tanzania showcasing a total of 150 startup ventures in Tanzania! 🎉 Subscribers, of cofounders notebook, will have exclusive access to this comprehensive startups map which showcases 150 innovative ventures across fintech, IoT, AI, healthcare, energy, food, agritech and edtech. 😏 It also provides insights into key investors, grantors, and accelerators backing these ventures. Plus, discover the primary regulators for licensed ventures, and see the nature of founders/leaders, including if they are locals or female. 💼👩💼 Click here to Subscribe to our newsletter: https://lnkd.in/e8H3rGPR Haven't subscribed yet? Now's your chance to click the link above ! Join our newsletter to ensure you're among the first to receive this resource directly in your inbox. 📧 But wait, there's more! For those who aren't subscribers, don't worry! The first startup map of Tanzania will be shared here on LinkedIn sometimes later. 🌟 Stay tuned and Don't miss out on this opportunity to explore Tanzania's vibrant startup ecosystem! 🎉💡 United Nations Capital Development Fund (UNCDF), WeeTracker, Nation Media Group, TechCabal, TechCrunch, Nation Media Group, Founders Tanzania, Africa Fintech Network, Tanzania Fintech Association (TAFINA) #FirstStartupMapofTanzania #Startups #Entrepreneurship #Ecosystem

Egyptian Startup Swypex Debuts Financial Services Platform Following Funding. Egyptian fintech startup Swypex has launched a comprehensive financial services platform targeted at businesses, following a successful US$4 million seed funding round. This round was led by Accel marking its first fintech investment in the region, with additional support from Foundation Ventures, The Raba Partnership, and various notable angel investors. Founded by Ahmad Mokhtar, Tarek Mokhtar, and Sasan Hezarkhani, and licensed by the Central Bank of Egypt, Swypex now offers businesses a unified platform that includes a financial dashboard, smart corporate cards, and integration with existing financial systems and accounting software. The platform aims to streamline financial management processes, improve financial workflows, and enhance overall business efficiency. Ahmad Mokhtar, CEO of Swypex, emphasized the platform's role in providing Egyptian businesses with a competitive edge by simplifying financial operations. Richard Kotite of Accel highlighted the growing demand for modern fintech solutions in Egypt and expressed confidence in Swypex's potential to become a leading fintech entity in the Middle East. #Swypex #Fintech #StartupFunding #FinancialServices #EgyptianBusiness #AccelVC #FinancialInnovation #BusinessEfficiency #TechStartup #MiddleEastFintech

Discover the rise of African tech unicorns reshaping industries and creating opportunities across the continent. From the Nigerian fintech giant Flutterwave to Senegal's innovative Wave Money, delve into the disruptive force driving Africa's innovation landscape. #Fintech #Africa #Unicorns