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Portfolio News
 



In the midst of the Central Bank of Egypt (CBE) movements towards a well-established digital payments eco-system, Paymob in cooperation with Mastercard  has launched the “Tap on Phone” service, which will help the small and medium sized businesses to accept payments through their smart phones easily and efficiently. Read more here!

Welcoming Abhi to our portfolio, our first investment in Pakistan! Not only are we excited by the country’s $3.5 billion opportunity in the consumer finance market, but also the stellar founders capturing it. Abhi, a first mover in the salary advance market in Pakistan, is enabling employees to regularly and consistently meet their financial obligations through instant approval loans. Learn more here!



Portfolio company Helium Health acquires the leading doctor booking platform, Meddy  in a one of a kind cross-border acquisition! By expanding its healthcare suite to now cover B2C, Helium Health is now a complete EMR solution for Africa and the Middle East. Read more here!



Portfolio company, Tarabut Gateway, has raised $12 million in its pre-Series A funding, with Tiger Global  leading the round. The company is fulfilling its goal of making it easier for banks and FinTechs to create customized financial services to their customers. We are thrilled to back a pioneer in open banking in MENA. Read more here!
"Over the next few months, a lot of what we’re doing is being able to better roll out these consolidated product suites in our markets and serve them more. We want to triple the growth of our client base over the next two to three years and extend our reach even further to make sure that Helium Health is the top health tech provider in the GCC region just as it is in Africa.
 
In Conversation with Global Ventures
Medea spoke at the Middle East Investment Summit  on November 10-11 at the Ritz-Carlton DIFC, where she participated in a panel discussion around allocating first-round capital and funding tomorrow’s next great startups and SMEs!
Eslam joined this year's Africa Fintech Summit sharing his insights in the "from ideation to IPO" panel. Held in Cairo, the AFS is where ideas are explored, investments are mobilized, and collaborations are forged across sectors.
Sacha participated at the AfricArena Grand Summit  in Cape Town, a conference that brings together leading corporates and ecosystem players investing in the continent's tech! She spoke about strategies for investing in Sub -Saharan Africa.
Our GCC/Saudi team at the FII Institute  in Riyadh, where global leaders and experts came together to collectively curate and enable concrete ideas that can solve today's most pressing societal issues and create platforms that reshape the future of humanity!
We are thrilled to have participated in this year's ADGM Fintech Abu Dhabi!   With FinTech being the region's most anticipated industry (raising a collective $36mn in 2021), conversations around the future of the space are more crucial than ever!
We had an exciting 2 days at the RiseUp Summit  in Egypt. We were thrilled to have been spectators to a host of incredible talks, panel sessions and fireside chats, and to participate as panelists, keynote speakers and workshop hosts!
We are continuously and exceedingly excited about Egypt's brilliant entrepreneurs, and grateful to be a part of the country's success story. Past, present and future: Egypt stands as a point of origin for timeless innovation.
In the Press
Entrepreneur Middle East  visited us at our AGM this year and interviewed our founders about the lessons they learned navigating the entrepreneurial journey during a global crisis, from fundraising and pivoting to team-building and leadership. Watch it here!

Noor and Sacha discuss investment opportunities in Africa in an exclusive interview with Business Insider Africa  ! Read more about the interview here!
Digital transformation knows no bounds! Rami Darwish, Founder and CEO of portfolio company Arrow Labs. , shares his thoughts on how this transformation will have a significant impact on organizations that have the vision to embrace it. Click here to learn more!

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