Tags : iraqi startups

Iraqi App Baly Raises $10.5 Million Seed Funding

Baly, Iraq’s first superapp, announced today the closing of the largest seed round in Iraq’s tech history. The company, backed by Germany’s Rocket internet, raised $10.5 million from Kingsway Capital, MSA Capital, Global Founders Capital, Vostok Ventures, Majid Al Futtaim and March Holding. The amount and the class of participating investors signals strong confidence in […]Read More اقرأ المزيد

Alsaree3 Raises $3.5M In Additional Bridge Round

Baghdad-based Alsaree3 Group, consisting of Alsaree3 (food-delivery) and AlZajel Express (last-mile delivery services), closed an additional 7-figure bridge round, bringing its total amount of funding raised in 2021 to over $4 million. The two bridge rounds closed in 2021 were led by Euphrates Ventures while Bassam Falah, CEO of Innovest ME, Mohammed Khudairi, founder of Iraq Tech Ventures, and Subhi Khudairi, President […]Read More اقرأ المزيد

The Guide To Mobile Payment Services In Iraq You’ve Been Looking For

Mobile payment services (MPS) are now considered the next evolution in the financial payment sector. The accessibility and the security these services provide surpass most established payment methods, whereby payments are more secure and done with a click of a button. As smartphone penetration increases across Iraq, MPSs have naturally increased in reach and are […]Read More اقرأ المزيد

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