Lumofy raises 500,000 dollars in Seed Round

The EdTech platform, Lumofy, announces that it had successfully closed a funding round of $500,000, led by several investors, including Hope Fund, JEO Capital Management, and the two angel investors, Yaser Alghamdi and Abdulrahman Al Jiffry. Ahmed Faraj, Founder and CEO of the company, said: ” This investment will enable us to take important steps impacting the […]

MEIRC announces the introduction of SHRM Advanced Certificate in HR Management program in UAE

Meirc Training and Consulting®, a leading provider of training and consulting solutions, has launched a new training program: SHRM Advanced Certificate in HR Management (ACHRM), in association with The Society for Human Resource Management. The Advanced Certificate program is the first and only program of its kind that is fully offered by the world’s largest […]

Halo Investing Adds Former KeyBank Wealth Management President to Advisory Board

Halo Investing, Inc. (“Halo”) is pleased to announce that Terry Jenkins, former President of KeyBank Wealth Management and former President and CEO, US Wealth Management of BMO Harris Bank in Chicago, has joined as an Advisory Board Member to the Company. Halo is an award-winning technology platform for protective investment solutions. Through the Halo platform, financial advisors […]

Rising Cases of Depression and Anxiety due to Covid-19 to Stimulate the Demand for Mindfulness Mediation Apps

The global mindfulness meditation apps market is anticipated to reach a valuation of US$ 180 Mn by the end of the forecast period 2032. The market is also likely to grow at a CAGR of 8.4% during the forecast period from 2022 to 2032.   The demand for mindfulness mediation apps has increased by 8% from 2016 to 2020. The growing adoption of […]

Anghami listed on Nasdaq stock exchange as it begins trading on February 4, 2022

Anghami Inc. (“Anghami”) (NASDAQ: ANGH), the leading music streaming platform and service in the Middle East and North Africa, announced today that is has completed its business combination with Vistas Media Acquisition Company (“VMAC”) (NASDAQ: VMAC).   Anghami’s common ordinary shares and its warrants will begin trading in the United States on February 4, 2022, on NASDAQ under […]

Barclays announces strategic partnership with global corporate venture builder Rainmaking to drive FinTech innovation

Barclays today announced that Rainmaking, a leading corporate venture builder, has been chosen as an innovation partner. With the support of Rainmaking, Barclays will launch a new suite of initiatives targeted at FinTech founders across the globe, from early-stage to scale-up and beyond, to help grow and develop their companies. The first to launch is […]

KIFC announces the first Fintech-focused Africa Fund at a high-level forum in Dubai

The Kigali International Financial Centre (KIFC) announced yesterday the launch of the first and only Fintech-focused Africa Fund. Backed by MyGrowthFund Venture Partners, the $50m fund will focus on fintech companies with proven technology, operating in Africa. Private equity investments in Africa have doubled during the last decade with fintech receiving close to 60% of […]