Abu Dhabi’s Maseera Acquires Egyptian Fintech Startup ADVA
Maseera has acquired Egyptian fintech startup ADVA, marking a significant move in the regional fintech landscape. ADVA provides a platform for flexible installment payment plans across various services, including education and healthcare.
Start-ups Raise $460M in Q1 2025, with Fintech Leading Funding and Gender Disparity Persisting
Start-ups raised a total of $460 million in Q1 2025, slightly below the Q1 2024 total of $486 million. Q1 2025 is noted as the second-lowest quarter for start-up funding since late 2020.
Maseera Acquires Egypt’s ADVA to Drive Fintech Innovation in North Africa
Maseera acquired ADVA, positioning it as a technology and data analytics hub in North Africa. ADVA has established itself as a key player in Egypt's fintech landscape since its founding in 2020.
Australian startup PropertyRender transforms property development in Africa with innovative proptech solutions
PropertyRender is transforming property development in Zimbabwe and South Africa with advanced PropTech solutions. Africa faces a housing deficit of approximately 50 million units, with Nigeria, Egypt, and Tanzania being significantly affected.
African Startups Face Stricter Investment Scrutiny Compared to Global Counterparts
African startups raised nearly $300 million in January 2025, with 40 companies securing $289 million in funding. There was a 25% drop in overall startup funding in 2024, with African startups securing $2.2 billion, down from $2.9 billion in 2023.
