Alaan raises $48 million to scale AI-powered spend management across the MENA region
Bendada.com - Aug 06, 2025
Alaan raised $48 million in Series A funding, one of the largest fintech rounds in MENA. The funding round was led by Peak XV Partners with participation from notable investors including Y Combinator.
After a decade, Careem ends Pakistan ride service this July
Bendada.com - Jun 19, 2025
Careem will stop operating in Pakistan on July 18, ending nearly ten years of service. CEO Mudassir Sheikha cited Pakistan's worsening economy, growing competition, and limited capital as reasons for the shutdown.
Cercli banks $4 million seed funding to streamline payroll management in North Africa
Techpoint Africa - Sep 03, 2024
Cercli, a payroll startup, has raised $4 million in seed funding. The funding round was led by San Francisco-based Afore Capital.