Fintech News Pakistan’s Post

💼 #NewFundAlert — Sawari Ventures has disclosed plans to launch a new fund to back Egyptian startups with a targeted investment of around $150 million USD. 🚀🇪🇬 CEO and co-founder Hany Al-Sonbaty announced this initiative, highlighting the company's strategic focus on key sectors such as fintech, education, healthcare, green technology, and deep tech projects within the Egyptian market. 👩🏫 Since its establishment in Egypt in 2010, Sawari Ventures has risen to prominence as a leading venture capital firm in the country, providing backing to more than 30 Egyptian companies, including Swvl, MoneyFellows, Instabug, Si-Ware Systems, and Elves. For more information, check out the news: 👇 🔗 https://lnkd.in/gxC5k-Aa #SawariVentures #EgyptianStartups #VentureCapital #TechInvestments #Fintech #EdTech #HealthTech #GreenTechnology #DeepTech #StartupFunding #Entrepreneurship #EgyptianEconomy #StartupSuccess #InvestmentOpportunities #InnovationHub #EmergingMarkets #MiddleEastStartups #BusinessDevelopment #TechInnovation #StartupEcosystem #FundAlert

MENA Startup Funding Report – August 2024 The August 2024 edition of our MENA Startup Funding Report highlights a robust funding landscape across the region, with $566 million raised by 43 startups. This report provides a comprehensive look into the MENA region’s funding distribution across sectors, stages, and geographies, along with a deep dive into gender-based analysis and industry trends. Key Highlights from August 2024: ⁍ Total funding: $566 million, with $103 million raised by venture-backed startups. ⁍ 43 startups funded across various sectors like FinTech, Manufacturing, and Information Technology. ⁍ Strong focus on Seed-stage investments, with early-stage ventures receiving substantial attention from investors. ⁍ Geographical hotspots include UAE, Saudi Arabia, and Egypt, leading the region’s startup growth. ⁍ FinTech dominated the scene, attracting $47.20 million, followed by Manufacturing and Information Technology. 🔎 What’s Inside: ⁍ Funding breakdown by stages, gender, and industry. ⁍ Notable startup deals and corporate round insights. ⁍ Emerging trends and challenges for the MENA startup ecosystem. View Full Report Here: https://lnkd.in/dk_T59qR. #MENAStartups #StartupFunding #VentureCapital #FinTech #Innovation #Entrepreneurship #MENA #Investment #Startups #RasmalReport #BusinessTrends

The IFC - International Finance Corporation, a member of The World Bank Group, has announced a significant investment of up to $3 million in i2i Ventures, Pakistan's pioneering female-led venture capital fund. This investment, comprised of $2 million from IFC and up to $1 million from the Women Entrepreneurs Finance Initiative (We-Fi), underscores IFC's commitment to fostering a more inclusive startup ecosystem in Pakistan. As part of IFC's Startup Catalyst Program, this investment aims to empower early-stage startups in underserved markets like Pakistan. By supporting i2i Ventures, IFC seeks to accelerate job creation, innovation, and entrepreneurship within the Pakistani startup landscape. Since 2019, i2i Ventures has been pivotal in nurturing Pakistan's startup ecosystem. They provide strategic guidance, fundraising assistance, and invaluable mentorship, with a particular focus on women-led ventures and those tackling critical development challenges. This collaboration between IFC and i2i Ventures promises to unlock new opportunities for Pakistani startups, propelling them towards sustainable growth and positive societal impact Congrats to Kalsoom Lakhani, Misbah Naqvi, Ailia Naeem, Farwa Sajjad Vazir and Fawzia Naqvi.

Egypt’s T-Vencubator expands with new investment initiative aimed at empowering startups. Read the story to find out how to apply: https://lnkd.in/dTxXNJfT T-Vencubator #Techmoonshot #technology #technews #venturecapital #startups #investments #funding #venture

African investors say they are stepping up to fill the region’s startup funding gap created by the reluctance of many US venture capital firms to return to the market over the last two years. https://lnkd.in/gszrzd49 #african #techinvestors #filling #fundinggap #region #startupfunding #gap #created #reluctance #unitedstates #venturecapital #firms #return #market #vcfunding #capitalraising #funding #startups

*Pakistan's Startup Investment Update 3Q2024 - Investments up 413% QoQ* Despite recent challenges, Pakistan’s startup ecosystem has shown resilience, hinting at opportunities with gradual recovery and growth. See our full report in the link below with details and Outlook on Pakistan startup landscape: https://lnkd.in/dq-mx-Pg #Startup #Fundraised #PakistanStartupECOSystem #funding

MENA region startups raised $254 million in March across 54 deals, a rise of 186% month on month from February, according a Wamda report.   The increase in investment activity halted a downward trend seen in January and February and took Q1 totals to $429 million through 129 funding rounds. #startups #investment #funding   https://lnkd.in/dy86XyuM

📊 Explore the latest trends in Bangladesh’s startup investment landscape for 2023 in our comprehensive “Bangladesh Startup Investment Report 2023: Year In Review.” Despite the investment slowdown in 2023, local startups have raised US$72Mn and is set to undergo a slow recovery. 📖 Find the detailed report in Invest Bangladesh: 🔗Link in comments. #startupecosystem #startupinvestment #startupfunding #venturecapital #impactinvesting #investbangladesh

The MENA start-up scene saw impressive growth in September, raising $282M across 63 start-ups! 🚀 Leading the way was Saudi Arabia, accounting for 60% of the region's total funding. SHIFT inc. and Syarah topped the charts with major investments in mobility solutions 🚗 The UAE ranked second, while Egypt followed, showing strong growth with Rabbit Mobility and WellPal expanding their operations 📈 The surge in mobility, fintech, and e-commerce sectors shows no signs of slowing down, with accelerator programs like Flat6Labs playing a key role. It's clear that MENA is emerging as a major global player in the start-up world! 🌍💡 Read more here: https://arab.news/8pr8s #startups #innovation #MENA #funding #mobility #tech #fintech #entrepreneurship #ai MOVE: Mobility Re-imagined

Egypt based venture capital firm Sawari Ventures recently launched its new fund. 💸 $150 million fund 💡 ‘Diverse sectors such as #fintech, #edtech #healthcare #greentech and #deeptech projects.’ 🌍 Egyptian startups 💭 “Sawari Ventures’ operational framework is designed to catalyze investments and position companies for future funding opportunities, underscoring the company’s commitment to fostering innovation and entrepreneurship in the region…” - Hany Al-Sonbaty, CEO and co-founder of Sawari Ventures 📈 ‘Founded in Egypt in 2010, Sawari Ventures has become a prominent venture capital firm in the country, supporting more than 30 companies, including Swvl, Money Fellows, Pearl Semiconductor, Si-Ware Systems, and Elves.’ 🗞️ Boluwatife Ayo-Odewale Technext'24 https://lnkd.in/drfDGRPv 👏 For the #AudaciousInvestors unleashing innovation and empowering tomorrow🚀 Ahmed El Alfi I Hany Al-Sonbaty I Anta Ndiaye I Fatima-zahra Bennani I Ibrahim Ramadan I Dalia ElMohamady, I Jennifer Schoeberlein I Wael Amin I Ryan Fansa I Farah Abd El-Gawad I Team Sawari Ventures … #venturecapital #vc #funds #startups #entrepreneurs #funding #tech #entrepreneurship #technology #innovation #egypt #africa