MENA Digest: SiFi, Elevate raise funds; May VC funding up 5 times from April, down 58% YoY

By Dilasha Seth

  • 07 Jun 2024
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Credit: 123RF.com

Saudi Arabia-based fintech startup Simplified Financial Solutions Company (SiFi) led funding activity in the Middle East and North Africa (MENA) region during the week, securing double-digit seed funding from leading venture capital funds. Meanwhile, fintech startup Elevate raised a pre-Series A investment round to expand its presence in the region, ......

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