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Fintech apps have recently seen a surge in take-up, a natural result of the reliance on digital technology in a bid to adapt to life in lockdown across Mena. As retail businesses scramble to get online and banks and exchange houses shutter their doors for the foreseeable future, fintech has become the one solution for consumers and businesses alike to conduct their financial services.
On 15 April, Wamda hosted a webinar, as part of a series on navigating COVID-19, on managing people and talent with Nathalie Spree, partner at True. Spree shared her views on the impact COVID-19 continues to have on businesses and the best way to approach talent management during these times. Here's a summary of the key insights Nathalie shared.
Lowering the stress of financial troubles is key to maintaining mental and personal health during times like these. Wally's founder and chief executive Saeid Hejazi shared some tips on spending pre-crisis, setting a plan throughout, and a strategy to returning to normalcy during the recovery period from a position of strength.
Here are some of our upcoming online events:
Navigating COVID-19: Recessions, the runways for innovation?

Wamda is hosting, 'Recessions, the runways for innovation?' on April 23, with Jason Nadal, Centrado Advising, who will share insights on how businesses can be more prepared to cope with the impact of COVID-19. Register your interest.
Wamda X Startup Reveal: Cohort II

The second cohort of the Wamda X Fellows have been working hard on growing their businesses with the support of Wamda's seasoned mentors and team, and are ready to reveal what they've been working on. Register your interest, and join us as the startups pitch for investment in a two-day online event on April 29 and 30.
In case you missed it - here's our round-up from News Watch:

360VUZ raises $5.8 million in Series A
Disruptech invests in Khazna & Brimore
Vy Capital invests in India's Itilite
Hubpay raises seed investment
Mubadala Capital invests in US-based Unlearn.AI
Axeed labs announces $272,000 launchpad for startups, SMEs
Do you have a story you'd like to share with us? Drop us a line.
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Will the slowing economy threaten fintech's boom?

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When faced with an unforeseen crisis, one that threatens not only the economy but lives, businesses are inherently prone to resort to survival mode. Scott Cairns, managing director at Creation Business Consultants, tells us more about how they can get through the immediate challenges and secure the position of their company for long-term prosperity.
Fawry's co-founder Mohamed Okasha has stepped down as the company's managing director to launch his own early-stage fintech fund that focuses on Egyptian startups. We spoke with Fawry's Okasha about his next endeavor, his views on the fintech sector, and why he decided to launch the fund at a time when most investors seem to be holding back.
As governments continue to extend school closures globally, over 80% of the world's student population, estimated at more than 1.4 billion learners, are forced to stay home. The education industry has witnessed a paradigm shift in both learning and teaching, and as the tables turn for the sector, governments may be looking to edtech startups to lead the way in piloting a holistic solution.
STEP Conference launched its first online event this week featuring Fadi Ghandour's Wamda, Rabea Ataya's Bayt and Eleni Kitara of Facebook who all shared their expert views and strategies on handling business in times of crisis. Here's a roundup of the virtual conference. 
Online grocery retail in Mena in 2020

Traditional operators, or omnichannel players, have struggled to meet demand on orders during the ongoing lockdown in Mena, while e-grocery startups are leveraging their agile operating models and managing to tackle the surge more effectively. 

We examined the online grocery retail landscape in 2020 and mapped the key participants in the industry to include pureplay, omnichannel and marketplace companies across Mena's leading markets.
Our upcoming report on the Impact of COVID-19 on the technology ecosystem

Wamda and Arabnet are collaborating on a research report on the impact of COVID-19 on the startup ecosystem in Mena. If you are an entrepreneur in the region, we would love your input on the current pandemic by filling this survey.
 
In case you missed it - here's our round-up from News Watch:

ADIO allocates $100 million to four agritech companies
HDC raises $350,000 in seed funding
Mena startups raise $277 million in Q1 2020
Mubadala Capital invests in US-based Wellpay
Eventtus secures investment to launch a virtual events platform
Falcon Eye Drones raises investment from Aerodyne Group
Baims secures first edtech funding in Kuwait
Do you have a story you'd like to share with us? Drop us a line.
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Copyright © Wamda 2019, All rights reserved.
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Coba Demo Akun Rekomendasi Kami, Untuk Menguji Keakuratan Analisanya. Ubahlah PELUANG menjadi UANG

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The e-grocery map, rise in Edtech + STEP goes online

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