Company Insights Wamda Banking and Finance Wamda News Banking and Finance Further slowdown before a rebound, says UAE VC firm Following years of rapid growth, the Gulf’s venture capital (VC) ecosystem has slowed down, in line with global trends. But the region’s underlying strengths and appetite for VC deals mean it will pick back up again late next year, experts from Apex Group have told AGBI. “Up until about three months ago, we were still […] December 1, 2022 Banking and Finance Fintech Pyypl mulls more fundraising amid investor demand Pyypl, the Middle East and Africa (Mena) focused financial services platform, is mulling plans for a new fundraising drive after closing its Series B raise of $20 million. The company said it is considering opening a second tranche for further investment due to interest from investors. Since inception in 2017, Pyypl has raised almost $40 […] November 15, 2022 Exclusive Development Cherie Blair ‘optimistic’ for Middle East entrepreneurial equality Nearly 20 years ago, Cherie Blair CBE, leading King’s Counsel and committed campaigner for women’s rights, predicted that the UAE would lead the Middle East’s drive on gender equality. Her first visit to the GCC region – during her husband Tony’s 10-year stint as British Prime Minister – was promptly followed by the appointment of […] November 14, 2022 Abu Dhabi’s ADQ invests $125m in female-led private equity fund Wealth fund ADQ is backing Aliph Capital, set up by Huda Al Lawati. Research has found women in VC are more likely to invest in other women October 25, 2022 Banking and Finance ‘It’s destined for disaster’, expert warns, as startups dilute equity Investors who demand increasingly bigger stakes in startups amid plunging valuations could be signing their own “death warrants”. Startup valuations in the Middle East and North Africa (MENA) region are already seeing a downward correction this year, in line with global trends as VC funding has tightened since interest rates were increased by central banks […] October 21, 2022 Analysis MENA startup valuations take a hit as funding tightens Funding for startups in the Middle East and North Africa (MENA) has continued to decline this year, in line with global trends, but industry experts remain optimistic that the end of the year will see a resurgence. The tightening of cash has also meant investors are looking for increasingly bigger stakes, resulting in startup valuations […] October 18, 2022 Female startups face ‘bias’ over funding in Middle East Startups founded by female entrepreneurs accounted for just 0.1 percent of the $105 million in funding raised in July, the lowest monthly level so far this year. Data compiled by Wamda, the largest early-stage investment fund in the Middle East, found that a total of $136,000 was raised by female-led startups last month, while those […] August 17, 2022 Analysis MENA startup funding poised to recover in second half of 2022 Last year was a standout for Middle East and North African startups in which many notable records were broken, including the largest funding round to date and the highest number of deals. The total amount of investment raised by regional startups was pushed to $2.8 billion across 639 deals. This constituted a quadrupling of investment, […] July 29, 2022 Think women make bad bosses? Think again, says Visa senior VP Is a man better at running a business than a woman? The Visa Entrepreneur Study, commissioned by the global payments giant, found that nearly four in 10 (38 percent) of male business owners surveyed in the UAE believed men have better business instincts than women. Furthermore, 34 percent said businesses founded by women couldn’t compete […] July 19, 2022 Analysis Forget the gloom, startup funding will bounce back The global slowdown in venture capital funding for startups has spread to the Middle East and North Africa (Mena), with May proving to be lowest month so far this year. But local experts believe that while new trends are emerging within the sector, it will rebound quickly in the second half of the year. Global […] June 17, 2022 Posts navigation Previous 1 … 5 6 7 Next
Banking and Finance Further slowdown before a rebound, says UAE VC firm Following years of rapid growth, the Gulf’s venture capital (VC) ecosystem has slowed down, in line with global trends. But the region’s underlying strengths and appetite for VC deals mean it will pick back up again late next year, experts from Apex Group have told AGBI. “Up until about three months ago, we were still […] December 1, 2022
Banking and Finance Fintech Pyypl mulls more fundraising amid investor demand Pyypl, the Middle East and Africa (Mena) focused financial services platform, is mulling plans for a new fundraising drive after closing its Series B raise of $20 million. The company said it is considering opening a second tranche for further investment due to interest from investors. Since inception in 2017, Pyypl has raised almost $40 […] November 15, 2022
Exclusive Development Cherie Blair ‘optimistic’ for Middle East entrepreneurial equality Nearly 20 years ago, Cherie Blair CBE, leading King’s Counsel and committed campaigner for women’s rights, predicted that the UAE would lead the Middle East’s drive on gender equality. Her first visit to the GCC region – during her husband Tony’s 10-year stint as British Prime Minister – was promptly followed by the appointment of […] November 14, 2022
Abu Dhabi’s ADQ invests $125m in female-led private equity fund Wealth fund ADQ is backing Aliph Capital, set up by Huda Al Lawati. Research has found women in VC are more likely to invest in other women October 25, 2022
Banking and Finance ‘It’s destined for disaster’, expert warns, as startups dilute equity Investors who demand increasingly bigger stakes in startups amid plunging valuations could be signing their own “death warrants”. Startup valuations in the Middle East and North Africa (MENA) region are already seeing a downward correction this year, in line with global trends as VC funding has tightened since interest rates were increased by central banks […] October 21, 2022
Analysis MENA startup valuations take a hit as funding tightens Funding for startups in the Middle East and North Africa (MENA) has continued to decline this year, in line with global trends, but industry experts remain optimistic that the end of the year will see a resurgence. The tightening of cash has also meant investors are looking for increasingly bigger stakes, resulting in startup valuations […] October 18, 2022
Female startups face ‘bias’ over funding in Middle East Startups founded by female entrepreneurs accounted for just 0.1 percent of the $105 million in funding raised in July, the lowest monthly level so far this year. Data compiled by Wamda, the largest early-stage investment fund in the Middle East, found that a total of $136,000 was raised by female-led startups last month, while those […] August 17, 2022
Analysis MENA startup funding poised to recover in second half of 2022 Last year was a standout for Middle East and North African startups in which many notable records were broken, including the largest funding round to date and the highest number of deals. The total amount of investment raised by regional startups was pushed to $2.8 billion across 639 deals. This constituted a quadrupling of investment, […] July 29, 2022
Think women make bad bosses? Think again, says Visa senior VP Is a man better at running a business than a woman? The Visa Entrepreneur Study, commissioned by the global payments giant, found that nearly four in 10 (38 percent) of male business owners surveyed in the UAE believed men have better business instincts than women. Furthermore, 34 percent said businesses founded by women couldn’t compete […] July 19, 2022
Analysis Forget the gloom, startup funding will bounce back The global slowdown in venture capital funding for startups has spread to the Middle East and North Africa (Mena), with May proving to be lowest month so far this year. But local experts believe that while new trends are emerging within the sector, it will rebound quickly in the second half of the year. Global […] June 17, 2022
