VentureDive’s Post

Emirates NBD Group invests in TeamSec a leading cloud-based securitization-as-a-service platform! This partnership marks a major step toward transforming the financial ecosystem. By digitizing securitization with AI and data-driven solutions, TeamSec is driving efficiency, transparency, and value for investors and institutions. Through Deniz Ventures, we are proud to collaborate with innovative startups like TeamSec to bridge technological gaps and lead the digital transformation of the financial sector. Neeraj Makin Ahmed Al Qassim Gurhan Cam, MSc, MBA #Innovation #Fintech #DigitalTransformation #Securitization

Dubai-based The Binary Holdings, founded by Manit P. and Siddharth Sahi, secures $5M funding from ABO Digital to transform the decentralized digital economy. Valued at $16.90B, the company is on track to reach 1 billion users by 2025 with its Web3-powered platform. The funding will support the upcoming launch of Millenia, a digital bank set for Q2 2025, designed to deliver low-cost, fast, and transparent cross-border payments while advancing the decentralized financial ecosystem. Stay ahead in the startup world! 🌟 Get a weekly digest of key happenings and insights delivered to your inbox every Monday morning. Don't miss out—subscribe now: https://lnkd.in/eNJwg5jb 🚀 #Funding #Web3 #Innovation #DigitalEconomy

𝗛𝗼𝘄 𝗣𝗮𝘆𝘀𝘁𝗮𝗰𝗸 𝗥𝗲𝗱𝗲𝗳𝗶𝗻𝗲𝗱 𝗗𝗶𝗴𝗶𝘁𝗮𝗹 𝗣𝗮𝘆𝗺𝗲𝗻𝘁𝘀 𝗶𝗻 𝗔𝗳𝗿𝗶𝗰𝗮! From disjointed systems to smooth, scalable solutions, Paystack has set the gold standard for digital transactions across the continent. Their innovative strategies didn’t just transform payments—they unlocked new opportunities for businesses to grow and thrive. 𝗛𝗲𝗿𝗲’𝘀 𝘄𝗵𝗮𝘁 𝗲𝘃𝗲𝗿𝘆 𝘀𝘁𝗮𝗿𝘁𝘂𝗽 𝗰𝗮𝗻 𝗹𝗲𝗮𝗿𝗻 𝗳𝗿𝗼𝗺 𝘁𝗵𝗲𝗶𝗿 𝗷𝗼𝘂𝗿𝗻𝗲𝘆: - Adaptability fuels resilience: Paystack’s ability to navigate Africa's unique challenges turned obstacles into opportunities. - User experience wins loyalty: They put simplicity and reliability at the heart of their product, earning trust from millions. - Strategic partnerships accelerate growth: Collaborating with the right players supercharged their impact. 𝗪𝗵𝗮𝘁’𝘀 𝘆𝗼𝘂𝗿 𝗯𝗶𝗴𝗴𝗲𝘀𝘁 𝘁𝗮𝗸𝗲𝗮𝘄𝗮𝘆 𝗳𝗿𝗼𝗺 𝗣𝗮𝘆𝘀𝘁𝗮𝗰𝗸’𝘀 𝘀𝘂𝗰𝗰𝗲𝘀𝘀 𝘀𝘁𝗼𝗿𝘆? Let’s discuss how these lessons can inspire your own startup’s journey! #ShujaaCaseStudy #StartupGrowth #FintechInnovation #Paystack

Some impressive, high-growth companies are coming out of the Nordics & Benelux. 🔥 We ranked 75 of the region’s fastest-growing startups by revenue growth. From dating apps and personalised pet food to banking services, there are plenty of interesting market-disrupters on the list. In top place? kompasbank — A Danish digital corporate bank — with a two-year revenue CAGR of 1150%. ✨ See the rising stars: https://lnkd.in/eK9BNZB8 #SiftedLeaderboards #Nordics #Benelux

Saudi Robo-Advisor Abyan Capital Raises $18M in Funding. 🔹 Growing Confidence: Abyan Capital's $18 million funding round, led by STV, showcases increasing faith in Saudi Arabia's AI sector and fintech innovation. 🔹 Innovative Solution: Utilizing AI and machine learning, Abyan Capital offers a mobile-first robo-advisory platform, democratizing investment management for all Saudi investors. 🔹 Team Commitment: Abyan's founders, Abdullah Al-Jeraiwi, Omar Al-Mania, and Saleh Al-Aqeel, are dedicated to innovation and inclusivity, enabling first-time investors to access diverse wealth management solutions. 🔹 Strategic Growth: With plans to enhance their platform, diversify financial products, and expand market reach, Abyan aims to become the leading digital retail investment house in Saudi Arabia. 🔹 Partnership: Funding from STV, Wa’ed Ventures, and RZM Investment underscores confidence in Abyan's vision and potential to redefine the wealth management landscape. 🔹 Future Outlook: Abyan's rapid growth, with over SR1.4 billion in deposits and 100,000 portfolios invested, sets the stage for continued innovation and market leadership. #FintechInnovation #RoboAdvisory #SaudiStartups #InvestmentManagement #AIinFinance

#MENADealsWithStrategyConnect 🚀 June 1 - 15, 2024 MENA Investment Highlights Dive into the latest sector-wise investment trends shaping the MENA business landscape! From fintech innovations in Saudi Arabia and Egypt to cutting-edge AI ventures in the UAE, the first half of June has seen a flurry of strategic investments aimed at transforming regional markets. Key deals include the $100M fund by Rasmal Ventures for fintech in North Africa and a $30M Series A for UAE-based Tenderd in the con-tech sector. 🔍 Sector Insights: Fintech remains a hotspot with significant funding, including a $30M Series A for SiFi - Simplified Financial Solutions Company and a $31.5M investment in NOW Money, showcasing a robust interest in financial solutions tailored for regional needs. AI and Tech Startups also surge forward, with qeen.ai securing funding aimed at 2025 launch, indicating a long-term commitment to tech innovation. Prop-tech and Ed-tech sectors also see movement, reflecting the growing demand for smart property solutions and educational technology in the region. 💡 Why It Matters: These investments not only fuel economic growth but also lay the groundwork for MENA to become a global hub for technological and financial innovation. They offer immense opportunities for business owners and management consultants in both private and public sectors to engage with emerging technologies and market trends. Join us at StrategyConnect to stay ahead in a dynamically evolving market landscape. Whether you’re looking for high-quality consultants or experts on-demand, our platform connects you with top-tier consultants to maximize your business strategies. Source : Wamda ومضة, Crunchbase #investmentnews #acquisitions #venturecapital #menanews #proptech #venturefunding #fintech #preseed #seedfunding #fintechnews #privateequity #venturefund #mergersandacquisitions #contech #MENAregion

Talaty, a Moroccan fintech founded in 2022 by Soulaimane Lahrech, Simo Bernoussi, Ilyas Oudghiri, and Zakaria E., has secured a strategic investment from Witamax and Renew Capital to expand its AI-powered financing solutions for SMBs across Morocco and Francophone Africa. The innovative platform leverages AI to streamline credit assessments, reducing default rates by up to 90%, and empowering financial institutions to offer timely, affordable loans to underserved businesses. This collaboration underscores a commitment to advancing financial inclusion and fostering sustainable growth in the region. Stay ahead in the startup world! 🌟 Get a weekly digest of key happenings and insights delivered to your inbox every Monday morning. Don't miss out—subscribe now: https://lnkd.in/ezHS36SV 🚀 #Fintech #AI #SMBs #Morocco

Very dynamic discussions today at #BIT24 hosted by Khaleej Times in Doha regarding new wave of innovation in Banking I was honored to deliver the introductory keynote adress with excerpts from McKinsey & Company latest Fintech reports, “Fintech: A new Paradigm for growth”, where we expect Fintech to take even more importance globally and resume its funding growth post a contraction in 2022 and 2023. Fintechs should refocus more on the cost side of the equation versus growth as investors are keeping an increasing scrutiny on unit economics. We are bullish on the MENAP region given increased deployment of sizeable capital pools locally, establishment of new regulatory framework/entities and successful example of at-scale BNPL/Payment unicorns. It was also insightful to connect with fellow participants and pannelists in the Fintech ecosystem and exchange view around future growth in MENA and in Qatar including potential implications and use cases of AI on Fintechs.

Deniz Ventures Backs TeamSec in AI-led Securitization Revolution Deniz Ventures, under Emirates NBD Innovation Fund, has invested in TeamSec, a fintech leader in AI-based securitization. This partnership enhances digital transformation by introducing advanced analytics and AI tools to streamline financial securitization processes. TeamSec focuses on AI-powered securitization solutions, revolutionizing traditional financial processes with cutting-edge technology. Founded by Esad Erkam Köroğlu, TeamSec is committed to reshaping securitization globally. Investor: Deniz Ventures, with prior investments in Erguvan and NewBridge Fintech Solutions, adds TeamSec to its fintech portfolio. Wemaad offers bespoke solutions for fintech companies, aligning technology with business goals to drive success in the digital finance era. Implement innovative solutions in your business with Wemaad. Contact us today! #WemaadSolutions #AIInFinance #FintechInvestment #Securitization #DenizVentures

🚀 Final Pitch – FinTech & InsurTech Open Innovation Challenge 2024 As part of the final stage of the Algerian Open Innovation Program – FinTech & InsurTech Challenge 2024, innovative project holders and startups showcased their solutions before a jury of financial sector experts and representatives from partner institutions. This essential phase provided an opportunity to present the impact, feasibility, and scalability of their projects, benefiting from constructive feedback from key players in the financial industry. We are proud of the participants’ dedication and creativity, which highlight the true potential of open innovation in shaping the future of FinTech and financial inclusion in Algeria. Stay tuned for more updates! #OpenInnovationChallenge #FinTech #InsurTech #PitchDay #FinancialInclusion #StartupEcosystem #AlgerianInnovation