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Utexo raises $7.5M to advance bitcoin payment rails

UAE based blockchain startup Utexo has raised $7.5 million in a Tether led seed round to build Bitcoin native USDT payment infrastructure, targeting faster and scalable stablecoin settlements.

Raza2d ago2 min read

FintechGovernment & Policy

Jarir receives SAMA approval to establish SAR 50 Million Micro-Consumer finance firm

Jarir secures preliminary SAMA approval to establish Rifd Integrated Co., a SAR 50 million micro-consumer finance company, partnering with Aman Egypt to expand financial services in Saudi Arabia.

RazaFeb 32 min read

Jarir receives SAMA approval to establish SAR 50 Million Micro-Consumer finance firm

Saudi ArabiaSeed Funding

Saudi Social app Declic closes $1M Seed Round to expand across the Gulf

Declic, the Saudi social app backed by 500 Global and Misk, just closed a $1 million seed round to expand across the Gulf.

MoJan 282 min read

Saudi Social app Declic closes $1M Seed Round to expand across the Gulf

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