Here Are the Top 5 Fintech Startups in the Middle East on LinkedIn in 202229. September 2022
Five fintech companies made LinkedIn’s second annual top startups list featuring 10 companies in the UAE that it says is gaining attention.
The ranking was produced using LinkedIn data in four areas: employee growth, jobseeker interest, employee engagement, and their ability to attract talent from other top companies.
Postpay offers financial support services allowing online shoppers to split their payments into installments. The company has also announced plans to expand to other Gulf markets beyond the UAE.
Tabby is a Buy Now Pay Later (BNPL) app that operates in the UAE, Saudi Arabia, Kuwait and most recently Egypt. The company recently secured US$150 million in debt financing, bringing its total raised to US$275 million.
Sarwa is a financial platform that allows its users to invest in stocks and Exchange-Traded Funds (ETFs) in the global markets. The company raised a US$15 million Series B funding round in August 2021.
Baraka is a commission-free trading application that educates users about investing, giving younger investors an early access to the market. The app was launched in 2021 after the company raised a US$4 million seed round.
Huspy is a proptech startup that allows agents to list properties for free while offering customers financing solutions to buy properties. The company last raised US$37 million in a round led by Seqouia India in June 2022.