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Aldar, ADQ launch bid for SODIC
The UAE’s Aldar Properties and sovereign wealth fund ADQ has submitted a mandatory tender offer for up to 90% of…
Valu kicks off EGP 2 bn securitization program + Fawry eyes consumer finance space
EFG Hermes’ consumer finance subsidiary Valu has kicked off its EGP 2 bnsecuritization program with a EGP 323 mn bond…
B2B e-commerce platform Capiter raises USD 33 mn for expansion in series A round
Cairo-based B2B e-commerce startup Capiter has raised USD 33 mn in a series A funding round co-led by Quona Capital…
TONIGHT: EGX seems to be interested in SPACs too + Fawry to launch a consumer finance company ALSO: Read this satire on startup culture
Good afternoon, ladies and gentlemen, to an uncharacteristically slow September news day that was pierced by new capital markets regulations.…
Kashat closes USD 1.75 mn bridge funding round
Egyptian fintech and microloan solutions provider Kashat received USD 1.75 mn in a recent bridge funding round, the company said…
El Salvador won’t stop BTC from going to the moon, according to Standard Chartered
BTC will double in value and hit USD 100k by early 2022, a Standard Chartered research team is predicting, Reuters…
MNT-Halan announces blockbuster USD 120 mn fintech round
MNT-Halan has closed what we believe is the largest fintech round ever to take place in MENA, raising c. USD…
Can I get that change in BTC, please?
El Salvador yesterday made BTC legal tender, ignoring the concerns of many, many officials and industry experts around the globe.…
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