In this episode, we explore Paymob’s $22M Series B extension and how choosing an extension round can be a strategic move that reflects a founders’ maturity.
We also dive into FlapKap’s $34M pre-Series A, breaking down the key differences between revenue-based financing and venture debt, and why founders should approach the latter with caution.
We discuss how the entry of Revolut and NuBank into MENA is set to elevate the regional fintech scene by driving competition.
Last but not least, we look at Seez’s expansion into the US and consider why the US market is not entirely hands-off for emerging market startups.
This week Ahmad and I were delighted to be joined by the excellent:
Hasan Haider (Founder and Managing Partner @ Plus VC (+VC))
Jessica Al-Hussaini (VC Senior Associate @ Globivest)
We covered:
📌 Paymob secures $22m extension to Series B funding, raises $72m in total
📌 UAE-Based Fintech Platform FlapKap Raises $34M In Pre-Series A Funding Round.
📌 Revolut Looks to Expand Digital Banking License Effort to Middle East
📌 Mubadala takes stake in Revolut
📌 Seez Secures USD 4.2M to Accelerate US Expansion Plan
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