We back great teams that are building innovative start-ups and support them to grow and scale their companies to become regional champions and global winners in their categories
We don’t just invest and wait in our armchairs for return. We guide, help, and lead as needed to ensure you grow and scale your business to its full potential.
Business has always been about people. Tap into the expertise of our team of specialists, advisors, and partners to get your big idea to evolve and flourish.
We think founder-first because we were founders first. We partner up with the brightest teams in the region to improve the lives of millions across MENA and beyond.
We build and invest in innovative start-ups that advance economies and improve lives. We believe in business models that address key needs, in large markets, with innovative technologies, and defensible network effects.
Our diverse team has first-hand experience in the day-to-day tactical and strategic ins and outs of building, growing, and scaling start-ups, from the seedlings of an idea all the way to exit.
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Cashfree Payments, a leading payments and API banking solutions company, has announced an equity investment of $15 million in Telr, a leading payment service provider (PSP) in UAE and Saudi Arabia. With this investment, Cashfree becomes one of the largest shareholders in the company.
The past year has seen significant growth in UAE's fintech industry, with almost half of MENA's fintech companies based in the country. Digital banking is becoming increasingly competitive, cryptocurrency more accepted, and e-commerce has been driving the sector's growth.
In an interview with Al-Jazeera, chairman of OpenSooq, Khaldoon Tabaza, who serves on the board of Jeeny and is an investor through investment group iMENA, of which he is the founder and managing director, said, "The pandemic has been a great accelerant for adoption and usage of e-commerce services...In a business like OpenSooq, users have turned to our application to search and find whatever they need, be it a car or an apartment, facilitating their lives tremendously...What we have seen, also, is that after the lockdowns were partially and fully lifted in many countries, that this increase and surge in traffic to e-commerce businesses in the MENA region has persisted."
Award-winning online payment gateway Telr has recently announced their partnership with the first licensed direct digital lender in the UAE and MENA region, LNDDO. Together they have introduced a new credit facility program named “Telr Finance” which will finance Telr’s small and medium enterprises (SMEs) merchants as they expand their businesses.
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We back ambitious founders with the focus and energy to drive their teams to build companies that improve people’s lives and shape the future of the region’s vibrant digital economy.
