PayPal commits $100M to MENA and Africa expansion
PayPal commits $100 million to expand operations in the MENA region. The investment will be channeled through PayPal Ventures, focusing on minority investments and local hiring.
Egypt’s Khazna banks $16M for its financial super app and expansion into Saudi
Khazna raised $16 million in pre-Series B funding. User base grew from 150,000 to over 500,000 in less than a year.
