XFOLIO, a next-generation wealth and treasury management platform, announced today the successful close of its $2 million Seed round, fully funded by Middle East Venture Partners (MEVP). The investment will accelerate XFOLIO’s product development, market expansion, and strategic partnerships across MENA and Europe. Founded in 2024 by serial entrepreneur Anis Rahal – previously founder of TreasuryXpress (acquired […]
Berlin, Germany – June 12, 2025 — German FinTech startup Payrails, a global payment software company, has raised €27.7 million in a Series A funding round to accelerate product innovation, scale its platform, and support commercial growth across EMEA. The funding round was led by HV Capital’s Growth Fund, with participation from existing investors EQT Ventures, General Catalyst, and Andreessen Horowitz (a16z). This brings […]
London, UK — Noah, a London-based fintech startup, has announced a $22 million seed funding round to develop infrastructure enabling global payments via stablecoins. The platform is designed to simplify cross-border money transfers by allowing businesses to convert funds between fiat and stablecoins in real-time across more than 50 currencies and 70 countries. The funding round […]
Munich, June 10, 2025 – Co-Power, a German startup focused on decentralised energy infrastructure for Europe’s industrial sector, has raised €6.4 million in seed funding to accelerate the deployment of its large-scale battery storage and solar PV systems. The round was led by Berlin-based Cherry Ventures, with participation from energy- and impact-driven investors including Abacon […]
Kumulus Water, a Tunisia-based WaterTech startup that turns air into clean drinking water, has raised $3.5 million in seed funding to expand its operations and scale its atmospheric water generation technology, a company statement showed on Tuesday. Funding details The round was backed by Bpifrance (via France 2030 SGPI and the Île-de-France Region), regional VCs […]
Source: TechCrunch As global trade evolves, there’s an increasing demand for diverse cross-border payment options. That’s why an Irish-based fintech startup called NomuPay has raised $40 million in a Series C round from SB Payment Service (SBPS), a subsidiary of Japanese telco giant SoftBank Corp, at a valuation of $290 million. NomuPay makes it easier for merchants […]
Spanish FinTech startup Payflow, a mobile app that allows employees to get paid whenever they want, has just closed an equity financing round of €10 million in primary and secondary investments. Cusp Capital was the only investor to participate in this round allowing Cusp Capital to become the investor with the highest stake in Payflow going […]
Dubai, UAE, 21 May 2025: Turkcell (NYSE: TKC) (BIST: TCELL) announced that its subsidiary, TDC Veri Hizmetleri (TDC), has secured €100 million in murabaha financing through a strategic agreement with Emirates NBD Bank, a leading banking group in the Middle East and Turkiye (MENAT) region. The five-year financing agreement is intended to empower Turkcell Group’s data center investments via […]
Source: Fortune The ascent took 24 straight hours. Equipped with backcountry skis, Nico Simko and his friends recently climbed Gran Paradiso, at 13,323 feet, the highest mountain in Italy. They slept four hours, hiking through most of the night to reach the summit—and then came the prize. “When you get to the top, you get […]
Ayan Capital, a UK-based pioneer in providing halal vehicle financing, has secured up to £25 million in Shariah-compliant funding from Partners for Growth (PFG). The financing deal is based on Ijara wa Iqtina principles, a widely accepted structure in Islamic finance that allows customers to lease assets with an eventual option to buy. With this funding, Ayan […]