Startup Wrap: Saudi fintechs lead regional funding surge as SMEs secure major deals 

According to a report by Arab News… RIYADH: Regional technology companies drew substantial equity, debt and institutional capital over the past week, led by large fintech rounds and asset-backed facilities. New products and programs also widened access to recycling, restaurant delivery, venture debt and professional communities across key regional markets. Bekia raises $765k for recycling platform Egyptian recycling technology startup Bekia raised $765,000 in seed funding. Madica led the round, with follow-on investment from complete report is on link below. Source: https://www.arabnews.com/startups/startup-wrap-saudi-fintechs-lead-regional-funding-surge-as-smes-secure-major-deals-3002142