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Tech

Ecommerce platform builder ExpandCard secures $2.7M to expand to new markets

The funding round was led by Hong-Kong based Betatron Venture Group with participation from existing investors

MENA saw 138% growth in VC funding in 2021 | MAGNiTT

FinTech also led EVM industry funding at $2,139 million (up 549%), followed by Transport and Logistics at 1,658 million (up 460%)

IBM announces new General Manager for IBM Egypt

With over 25 years of experience at IBM in several roles includes sales and leadership positions, Marwa Abbas succeeds Abdoush as IBM Egypt’s new General Manager

Egypt-based B2B fashion marketplace Gahez closes $2M pre-seed

Using a data-driven approach, Gahez successfully relieved fashion retailers from issues stemming from procurement and facilitated their selection of products and sourcing options

Digitalization Readiness | Key to unlocking SME growth potential in MEA

Mastercard releases findings about the importance of digitalization and rising confidence levels as SMEs across sectors, products, and services in the region