News Category: Funding News

Dubai-headquartered fintech startup SaturnX has raised $3 million in a seed funding round to expand its enterprise-grade stablecoin payment infrastructure across the MENA and Southeast Asia regions. The round was led by White Star Capital, with participation from strategic institutional backers. SaturnX is building core infrastructure to support cross-border stablecoin transfers. Instead of offering consumer-facing … Read more

Dubai-based B2B spend management platform Qashio has closed a $19.8 million funding round that combines equity and debt, as it prepares to enter the Saudi Arabian market. The round was led by Silicon Valley firm Rocketship, with continued backing from ABN Ventures, MITAA and Oneway VC. New strategic investors include Luxembourg’s MoreThan Capital, several undisclosed … Read more

Dubai’s Meydan Free Zone has introduced Fawri, a groundbreaking service that enables entrepreneurs to secure a full business license in just 60 minutes. This initiative is designed to streamline the business setup process, making it more accessible and efficient for solo founders and small enterprises. Fawri operates as a fully digital platform, eliminating the need … Read more

UAE-based artificial intelligence startup AqlanX has raised $10 million in funding from Australia’s Lakeba Group through its enterprise automation arm, DoxAI. The investment will support the expansion of Arabic-first AI solutions built specifically for the Middle East, focusing on process automation for enterprises, local talent development, and national capacity building. New AI Centre of Excellence … Read more