COREangels launches $10 million fund to support MEA startups
Summary
COREangels MEA launched a $10 million fund to invest in early-stage startups across the Middle East and Africa. The fund partnered with PTS Holdings and the Arab Academy and selected five fintech startups from more than 1,000 applicants. It will invest up to $150,000 per startup and also provide advisory, technical, and network support to help companies scale. The initiative focuses on fintech businesses that improve payments, lending, insurance access, and financial inclusion across the region.
Funding
Amount
$150.0K
Total raised
Date
May 27, 2025
Announcement date
Investors
-
Lead investors
Company
https://www.monakapp.com/en/
Funded company
Classifications
industries
Fintech & Banking
applications
No applications detected
AskAI Classifications
Labels
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