With 1,500+ fintechs, $4.2B in 2023 funding, 7 IPOs, 30+ M&A exits, and the rise of unicorns and superapps, the Middle East’s #fintech sector is transforming into a global powerhouse. Discover more in our latest Special Report in collaboration with @SAP, 'The State of Fintech in

Rabih I. Khoury, Partner & Chief Exit Officer at @MEVPcapital shares how his team approaches early-stage bets, LP alignment, and the real tension between fund structure and founder potential. 🎧 Watch or Listen to the full episode on Lucidity Insights →

#LucysWeeklyRoundup: A look back at MEAPT’s latest funding moves ⤵️. 1. MYCRANE Trading raises $50M from a DIFC-based investment holding company. ( 🇦🇪 | Heavy equipment / Contech ). 2. Chowdeck raises $9M Series A led by Novastar Ventures. ( 🇳🇬 | Food Delivery). 3. Impact46

Can the GCC become an AI Powerhouse?. Rabih I. Khoury (@MEVPcapital) thinks so, and not by chasing the same playbook as Silicon Valley. 📖 Read the full op-ed → 🎉 Unlock 𝟭 𝗠𝗼𝗻𝘁𝗵 𝗙𝗥𝗘𝗘 of 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵𝗲𝗿'𝘀 𝗔𝗹𝗹-𝗔𝗰𝗰𝗲𝘀𝘀 at Lucidity.

🙌 𝗪𝗘𝗘𝗞𝗟𝗬 𝗙𝗨𝗡𝗗𝗜𝗡𝗚 𝗥𝗢𝗨𝗡𝗗𝗨𝗣: 🔎. 1. Sun King secures $156M Securitization to scale off-grid solar across Kenya. ( 🇰🇪 | Clean Energy Finance ). 2. Good Job Games raises $60M Series A from Menlo Ventures, Anthos Capital, and Bessemer Venture Partners. ( 🇹🇷 |

Sleep is your richest stream of health data, and @UltrahumanHQ built a movement around that insight and packed it into 2 grams of hardware. Founder & CEO Mohit Kumar (@deeppurpled) shares how #Ultrahuman scaled wearable health tech, redesigned the ring from scratch, and raised

#LucysWeeklyRoundup — 1. Qlub raises $30M Series B, co-led by Shorooq and Cherry Ventures. ( 🇦🇪 | Hospitality Tech ). 2. First Abu Dhabi Bank (FAB)-owned Lime Consumer Finance launches in Egypt with $9.4M investment. ( 🇪🇬 | Education Fintech ). 3. Flend raises $3M Seed, led by

MENA scored two unicorns in the past two weeks! . Dubai-based XPANCEO has raised $250M in a Series A round led by Opportunity Ventures (Asia), reaching a $1.35B valuation and earning unicorn status. More:🔗 See XPANCEO’s total funding to date:

Build relationships with fund managers before you need the check. Founders — how are you playing this game? . 🔗 𝗪𝗮𝘁𝗰𝗵 𝘁𝗵𝗲 𝗙𝘂𝗹𝗹 𝗣𝗼𝗱𝗰𝗮𝘀𝘁: #LucidityInsights .#ThePerfectPitch .#Pitching

What's your take? 🤔. Read our full take at Lucidity Insights: 🔗

In response to this trend, investors are beginning to ask tougher questions — as noted by @VentureSouq's @MohidulAlamX:

Why is that a problem, you ask? Let's hear it from the investors themselves.

Turns out, more than half of that growth came from older startups rebranding themselves as “AI Startups.”　. Oh no.

As of April 2025, the number of AI startups in MENA jumped 30%, according to @Clearworldco.

AI Startups on X, are you safe from these allegations. or should we check your pitch deck again? 👀 🚨 . 【 A Thread 】

#MEAPTWeeklyRoundup — 1. Ninja raises $250M, led by Riyad Capital. ( 🇸🇦 | QCommerce ). 2. Flawless raises $1.5M Pre-Seed from angel investors. ( 🇸🇦 | Career Tech ). 3. Wave Mobile Money secures $137M debt round, led by RMB - Rand Merchant Bank. ( 🌍 | Fintech ). 4. InstaBank

RT @LucidityInsight: Saudi-based Ninja 🥷🏽 (@Ninjaappksa) has raised $250M in a round led by Riyad Capital, reaching a $1.5B valuation and e….

Saudi-based Ninja 🥷🏽 (@Ninjaappksa) has raised $250M in a round led by Riyad Capital, reaching a $1.5B valuation and earning unicorn status. 🦄. Read more:🔗 Check out Ninja’s total raised so far: 💰 ━━━━━━━━━━━━━━━━

The correct way to fundraise (according to VCs). A big thank you to @sharjahef and @kellylundberg for having us on the podcast! 🎙️. We’re grateful for the opportunity to dive deep into the mission behind Lucidity Insights, the challenges founders face, and why data access and

Africa may trail global startup funding cycles by six months, but that lag might be its greatest strength. 🌍. But here’s what most investors are missing: ⤵️. 🚀 62% growth in startup funding since 2020. 📍 Ghana and Senegal raised nearly $900M combined since 2019, emerging

Founders, stop pitching blind. Investors hate irrelevant pitches. Get the tools to find strategic alignment before you pitch:. ✔️ See investor portfolios .✔️ Understand their average check size.✔️ Find similar funded startups. Start Your Investor Research here: 🔗