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Is the Mena region ready for femtech?

Unknown Reply 19.34

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Several female-focused, tech-enabled startups have emerged in Mena, keen to provide women with products and services related to their health. But while interest has been gathering pace, there is still a large gap in terms of financing allocated to femtech startups.
The adoption of alternative data has been growing in the past few years and more so in 2020, and there's no doubt that it has proved itself to be quite powerful. That's why there is a need to harness the power of alternative data to benefit both investors and the financial system at large while taking risks into account.
In an era where mobile phone payments have gone from a cool experience to now being adopted by smart watches, customers are less likely to look for a loyalty card in their wallets. Omar Ebeid, founder and CEO of Egypt-based Zeal App, an online payment and loyalty platform, thinks integrating loyalty with payments can win back customers.
In case you missed it - here's our round-up from News Watch:

UAE's ALFAHIM Group invests in Berlin-based Blacklane
Alpha Wave co-leads $400 million funding round in India's Dream Sports
Cloud kitchen operator iKcon raises $20 million in Series A
SIP debuts fund for US startups looking to scale across Mena
Wamda participates in Now Money's $7 million round
Dailymealz raises $2 million in pre-Series A
Weelo raises six-figure seed round
TakeStep raises Seed round
Abwaab raises $5.1 million in Seed funding for expansion
Kenz closes pre-Series A funding round
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Coba Demo Akun Rekomendasi Kami, Untuk Menguji Keakuratan Analisanya. Ubahlah PELUANG menjadi UANG

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Restaurant reservations: Booking a path to recovery

Unknown Reply 19.59

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The coronavirus lockdowns impacted not only the restaurants themselves, but the foodtech players that relied on them too, namely the table-booking and reservation apps. But while things appear to be returning to normal for these companies as restrictions on dining out are eased, there is still a great deal of uncertainty in their path to recovery.
Governments in Mena have been attempting to attract startups to their cities in their quest to establish innovation-led economies, with the UAE recently issuing new licences and visas for startups and higher-skilled talent being the latest example. In this oped, Robert Mogielnicki, from the Arab Gulf States Institute in Washington, explains the impact these initiatives will have on the region.
Entrepreneurs should think about setting up a company to safeguard their interests, secure investments, convert the concept into a reality, and grow the business. Michael Kortbawi, a partner, and Taronish Mistry, a paralegal, at law firm BSA Ahmad Bin Hezeem & Associates, provide insight into some of things to consider when setting up a legal entity in the UAE.
In case you missed it - here's our round-up from News Watch:

Wamda participates in Hala's $6.5 million Series A round
Podeo raises Seed investment led by Razor Capital
SBX Capital and Farah AlHumaidhi acquire 40 per cent of Dawarat
UAE's TCN International invests $10 million in India-based Zaara Biotech
Aumet raises six-figure pre-Series A investment
Zid raises $7 million Series A funding
Do you have a story you'd like to share with us? Drop us a line.
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Copyright © Wamda 2021, All rights reserved.
You can update your preferences or unsubscribe from this list.


Coba Demo Akun Rekomendasi Kami, Untuk Menguji Keakuratan Analisanya. Ubahlah PELUANG menjadi UANG

forex indonesia

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