Written by Sami Awa. It’s hard to believe that the RiseUp Summit just wrapped up its 10th edition. This year, the region’s largest startup and entrepreneurship event was held at the intersection of the past and the future—The Grand Egyptian Museum—located right by the Pyramids of Giza. In what was possibly its most impactful edition The post 10 Years of RiseUp: Looking Back on the History of MENA’s Largest Entrepreneurial Summit appeared first on MENAbytes.

The Egyptian Financial Regulatory Authority (FRA) announced the launch of Corbeh, their latest platform, in collaboration with the Egyptian Exchange (EGX) at RiseUp’s summit of the decade.  Corbeh is the first integrated technology innovation hub and sandbox for the nonbank financial sector. It’s aimed at tech-driven startups focused on innovative solutions that transform and boost The post Egyptian Exchange and Financial Regulatory Authority launch Corbeh at RiseUp ‘23 appeared first on MENAbytes.

UAE citizens and residents can now use a paperless marketplace to facilitate all their recurring payments digitally. The marketplace was developed by Direct Debit System, a fintech firm based in the UAE, and was authorized for launch by the Central Bank of the UAE.  The digital marketplace is expected to benefit over 96% of monthly The post The Central Bank of UAE Grants Direct Debit Systems License for Marketplace Operations appeared first on MENAbytes.

A wider range of payment options is now available to IKEA Egypt’s customers thanks to its partnership with Paymob, the leading financial services enabler in MENA and Pakistan. Founded in Egypt in 2015, Paymob offers the largest and most comprehensive number of payment acceptance methods in North Africa. “As a trusted financial services partner, we The post Paymob Partners With IKEA Egypt to Transform Checkout Processes appeared first on MENAbytes.

Saudi Arabia’s Madark closed a pre-seed investment round of an undisclosed amount through Lean Node Startup Studio. Founded in 2020, Madark specializes in financing annual tuition fees and allows parents to pay various educational institutions in installments without interest. Prioritizing education, Madark’s concept is based on a Study Now, Pay Later model, allowing individuals to The post Saudi Fintech Platform Madark Raises Pre-Seed Round of Undisclosed Value From Lean Node appeared first on MENAbytes.

Among the announcements made at this year’s RiseUp Summit of the decade is that Pepsico’s Greenhouse Accelerator program is now accepting applications for its second edition in the MENA region. Startups that offer technological solutions in the agriculture world are encouraged to apply, and funding will focus on those addressing some of the most intractable The post Pepsico’s Greenhouse Accelerator Program Call for Applications is Now Open appeared first on MENAbytes.

Acasia Ventures has finalized an investment in Dubai-based digital banking platform Credable as a part of a $2.5 million seed round led by Ventures platform. Credable is a B2B2C digital banking platform that embeds financial services in up-and-coming businesses in emerging markets. They offer end-to-end-solutions for businesses to allow them to go live with their The post Credable Secures $2.5 Million in Seed Funding From Egyptian Venture Capital Firm Acasia Ventures appeared first on MENAbytes.

MINT by EGBANK’s startup incubator kicked off its 11th cycle last night on March 19th, with promising startups enrolled in its three-month program for spring ‘23. MINT’s focus is on startups that have already developed a product and provides them customized support to help their businesses reach the next level. The startups enrolled in MINT’s The post MINT by EGBANK Welcomes Startups to 11th Cycle of Incubator Program for Spring ‘23 appeared first on MENAbytes.

Saudi Venture Capital Company (SVC), in partnership with the Capital Market Authority (CMA) and the Financial Sector Development Program (FSDP), launched a new product for investing in fintech VC funds at the Financial Sector Conference 2023. The product, called the Investment in Fintech VC Funds, is designed to support the growth of the fintech industry The post SVC Launches New Investment in Fintech VC Funds Product at the Financial Sector Conference 2023 appeared first on MENAbytes.

Day two of RiseUp’s summit of the decade at the Grand Egyptian Museum is set to feature some of the event’s most highly anticipated talks across its capital, tech, and creative stages. Whether you’re a startup founder, a corporate executive, or a curious observer, you’ll find no shortage of insight and inspiration from the back-to-back The post 9 Insightful Talks You Don’t Want to Miss on Day 2 of RiseUp Summit ‘23 appeared first on MENAbytes.