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Arab nations emerge as top startup ecosystems amid global uncertainty

UAE’s EIGHTClouds has secured $20M to enhance its F&B and hospitality sectors, reflecting the Arab world's rise as a startup hub amid global uncertainties. The UAE leads globally in entrepreneurship for the fourth year, supported by reforms and a projected 4.7% GDP growth in 2025. Other Arab nations, including Saudi Arabia and Bahrain, are also making significant strides in fostering entrepreneurial ecosystems.

Brandon Krieg on financial empowerment at TechCrunch All Stage 2025

Brandon Krieg, co-founder of Stash, is set to speak at TechCrunch All Stage 2025, highlighting his journey from a modest $5 investment to achieving financial empowerment. His insights promise to inspire attendees and shed light on innovative approaches to personal finance.

Arab nations rise as startup hubs amid global uncertainty and regional growth

Qatar-based ShipBee has secured $235K in pre-seed funding to develop an AI-powered logistics ecosystem amid a burgeoning entrepreneurial landscape in the Arab world. The Global Entrepreneurship Monitor highlights six Arab nations among the top startup ecosystems for 2024/2025, with the UAE leading globally for the fourth consecutive year, followed by Saudi Arabia and Bahrain. These countries are benefiting from strategic reforms and initiatives aimed at fostering innovation and economic diversification.

Dubai Future District Fund invests 1.65 billion dollars in 190 startups

The Dubai Future District Fund (DFDF) has backed over 190 startups and mobilized $1.65 billion in capital commitments in 2024, aligning with Dubai’s D33 economic agenda. The fund's activities included partnerships with public and private entities across various sectors and a focus on innovation and ecosystem development. Looking ahead to 2025, DFDF aims to enhance stakeholder engagement and co-investment initiatives to further support the region's technology sector.

Dubai Future District Fund reaches 1.65 billion dollars in capital commitments

The Dubai Future District Fund (DFDF) has achieved significant growth in 2024, securing over $1.65 billion in capital commitments and supporting more than 190 portfolio companies. The Fund is focused on enhancing the region's technology ecosystem and fostering public-private partnerships to drive innovation and economic growth. Leadership emphasized the importance of collaboration in positioning Dubai as a global innovation hub.

OatFi secures 24 million dollars in series A funding round

US fintech startup OatFi has successfully raised $24 million in a Series A funding round. This significant investment marks a pivotal moment for the company as it seeks to expand its operations and enhance its offerings in the financial technology sector.

OatFi secures 24 million in series A funding to enhance embedded finance solutions

OatFi, a New York-based fintech startup specializing in embedded working capital financing, has secured $24 million in a Series A funding round led by White Star Capital, bringing its total equity financing to $35.25 million. The company integrates its credit infrastructure into B2B payment platforms, addressing the growing crisis of delayed payments in the $35 trillion B2B economy, which affects cash flow and operational stability for many businesses, particularly smaller ones. As the embedded finance market rapidly expands, OatFi's API-driven solutions are revolutionizing traditional B2B payment processes, enhancing efficiency and reducing costs.

German fintech company secures 169 million dollars in funding round

German fintech firm Scalable Capital has successfully raised $169 million in its latest funding round. This significant investment underscores the growing interest in digital financial services and the company's potential for expansion in the fintech sector.

scalable capital secures 169 million funding to expand investment platform in europe

Scalable Capital, a Munich-based fintech firm, has raised €155 million (US$169 million) in its largest funding round to date, bringing total investments to over €470 million. Founded in 2014, the company has evolved from a robo-advisor to a full-stack investment platform, serving over one million customers managing more than €30 billion in assets. The new funding will support its platform development and expansion across Europe, capitalizing on the growing retail investing market.

dfsa appoints juma thani alhameli as chief operating officer

Juma Thani Alhameli has been appointed as the Chief Operating Officer of the Dubai Financial Services Authority (DFSA), effective June 10. With over 20 years of experience in technology and financial services, he previously served as Group Chief Technology Officer at First Abu Dhabi Bank and held senior roles at Abu Dhabi Global Market. Alhameli expressed his commitment to advancing the DFSA's operational agenda and contributing to the growth of Dubai's financial sector.

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