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MENA Digest: UAE startups lead funding activity; CredibleX, Anghami secure $55 mn each

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In the Middle East and North Africa region, UAE startups were the frontrunners in funding activity. Some notable startups include Klickl, which raised $25 million in a Series A funding round to expand its Web3 banking services. Fintech company CredibleX secured $55 million in seed funding to enhance its financial services for SMEs. Lebanon-founded music streaming app Anghami received $55 million in funding from OSN Group. Other startups such as OmniOps, InvoiceQ, and Unipal also raised capital for business growth and expansion.