Beco Capital
Sequoia Capital India and Founders Fund back UAE-based proptech startup Huspy in its $37M round
Founders Fund has made its first investment in the Middle East by backing UAE-based proptech startup Huspy. The $37 million Series A round, one of the largest at this stage…
Egyptian investment app Thndr nabs $20M from Tiger Global, Prosus Ventures and others
The MENA region has about 400 million people with $500 billion in annual savings. But as a relatively young population, most of them have minimal equity market and investment exposure.…
Fresha, a business platform for salons, spas and beauty and wellness pros, extends Series C by $52.5M at a $640M+ valuation
The beauty and wellness industry, annually worth some $4 trillion, is underpinned by tens of thousands of businesses and millions of professionals carrying out haircuts, treatments and workouts. Today, a…
Egyptian fintech Sympl raises $6M for its ‘save now, pay later’ service
Buy now, pay later (BNPL) offerings have existed for a long time, but increased in popularity as the pandemic made more people shop online and conserve cash. Though BNPL has…
Abwaab raises $20M Series A led by BECO Capital to expand across MENA and Pakistan
Jordan-based online learning platform Abwaab has raised $20 million in a Series A funding round (following a $5 million seed round in March of this year), making it one of…
Tribal Credit, which provides credit cards to startups in emerging markets, raises $34.3M
The B2B payments space has seen an explosion in demand, and investor interest, in the wake of the COVID-19 pandemic as businesses try to figure out how to pay each…
Learning to understand the mentality of an LP and building trust with investors is just the beginning.
Middle East healthcare platform Vezeeta raises $40M Series D led by Gulf Capital
Vezeeta, a healthcare platform operating in the Middle East and Africa, has raised a $40 Million Series D funding round led by UAE-based Gulf Capital, alongside further investment from existing…
MaxAB raises $6M seed round to optimize Egypt’s B2B grocery markets
Cairo-based startup MaxAB looks to optimize the supply-chain network for Egypt’s food and grocery retailers. The B2B e-commerce company raised a $6.2 million seed-investment co-led by Beco Capital and 4DX…
