Pakistani fintech Safepay raises seed funding from Stripe

Share246TweetShareWhatsAppEmail246 SharesKarachi-headquartered fintech Safepay has raised seed funding from global financial technology platform company Stripe. The startup did not share the exact size of the deal but has told us that it’s a seven-figure (USD) amount alongside pa … | Continue reading


@menabytes.com | 3 years ago

The Fall of Awok

Share44TweetShareWhatsAppEmail44 SharesUlugbek Yuldashev founded Awok in 2013 as a UAE based ecommerce platform for electronics and gadgets. Awok was one of the first ecommerce players in the country to have its own in-house logistics team for last-mile-delivery. But two years af … | Continue reading


@menabytes.com | 3 years ago

Kerning Cultures raises $460K seed for its Middle Eastern podcast network

ShareTweetShareWhatsAppEmail0 SharesDubai-based Kerning Cultures has raised $460,000 as seed funding, becoming the first ventured backed podcast network in the Middle East, the startup announced today. The round was led by 500 Startups and joined by individual investors including … | Continue reading


@menabytes.com | 5 years ago

OPINIONS an Open Letter to Fred Wilson from a VC Based in Gulf

Continue reading


@menabytes.com | 5 years ago

Funding should not be used as a scale to measure success or failure of a startup

Raising investments for startups is not easy. And it gets even more difficult when you’re doing it in MENA. I have been speaking to entrepreneurs all around the region during the last few months and almost everyone seems to agree with that. So when a startup at any stage secures … | Continue reading


@menabytes.com | 5 years ago

Saudi Arabia to Host First Ever Hajj Hackathon in Jeddah

Saudi Federation for Cybersecurity, Programming and Drones with support from Google, and in collaboration with Egypt’s RiseUp is organizing Hajj Hackathon, the largest tech challenge ever held in the Kingdom. The 36-hour hackathon will be held in Jeddah next month from 1st to 3rd … | Continue reading


@menabytes.com | 5 years ago

Saudi Arabia to Host First Ever Hajj Hackathon in Jeddah

Abdulaziz Alloughani, the Managing Partner with Faith Capital, shared his observation about startup programs on Twitter with this tweet: “Despite a plethora of early stage activities in the MENA region (co-working spcaces, incubators, accelerators, private/public funding, mentori … | Continue reading


@menabytes.com | 5 years ago