Corporates in Mena: From competitors to investors | Investasi Emas Online Corporates in Mena: From competitors to investors | Investasi Emas Online
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Corporates in Mena: From competitors to investors

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Investasi Emas

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What has become clear to many of Mena's corporates in a post-Covid world, is that they did not have, and in many cases still do not have sufficient exposure to the technology sector, leaving them vulnerable in the long run. And so, the corporates that once shunned startups are now increasingly looking to partner, acquire, or invest in them.
Mena startups raised $47.6 million in October

Investments rose more than 300% month-on-month with startups raising $47.6 million in October. This was mostly down to the large rounds from Sweetheart Kitchen and Foxpush which together raised $32.7 million.
Open banking has progressed in two ways around the world: regulations that have forced the traditional banks to embrace it and work with fintech startups, or the fear of falling behind in the technological race to innovation. Last week, we introduced the concept of open banking, and in this second part, we take a closer look at the regulatory frustrations in open banking.
In case you missed it - here's our round-up from News Watch:

Brantu raises Series A investment
Cartlow raises $2 million in pre-Series A, launches VASCART
Hub71 chooses startups for third cohort
ATLAN Space raises $1.1 million in Series A
Veolia launches accelerator for social startups and SMEs
ILLA raises $500,00 seed
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