Fintech and HealthTech Lead as Startup Investments Reach $104.475 Million by End of May 2026
Summary
Startup investment activity across the Middle East, Africa, and the Gulf fell sharply in May 2026, even as fintech and health tech attracted the largest share of new capital. Total new deals reached $104.475 million across 20 transactions, down from $508.64 million in April. Fintech led the month with more than $71.1 million across six companies, while health tech followed with more than $40.575 million across seven companies. Notable rounds included Stitch, CredibleX, MagicCub, RemotePass, Aumet, Hakim Health, Madeed, and Isomorphic Labs.
Funding
Amount
$25.0M
Total raised
Date
May 31, 2026
Announcement date
Investors
please follow @212vc, Alphabet, Mubadala Capital, Merak Capital, Arbor Ventures, SEEDRA VENTURES, Emkan Capital, CapitalG, Andreessen Horowitz, Thrive Capital, Qatar Development Bank, SVC, GV, Vision Ventures, Temasek Holdings, Khwarizmi Ventures, Access Bridge Ventures
Lead investors
Company
stitch.money
Funded company
Classifications
industries
Fintech & Banking
applications
Accounting and Taxes
AskAI Classifications
Labels
Payments Software
Fintech SaaS
API Platform
