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Lendo Tops MENAPT VC Deals in Jan 2025

Lendo Tops MENAPT VC Deals in Jan 2025

February 20, 2025

MENAPT VC Funding Roundup – January 2025 | $1.32B Raised Across 82 Deals

January 2025 delivered a surprising twist in MENAPT’s venture capital landscape. Despite a continued drop in deal volume—just 82 deals, down from 177 last year—total funding surged to $1.32 billion, marking an 87.7% year-over-year increase. The region’s VC strategy is shifting: fewer deals, bigger bets.

Macroeconomic challenges like inflation, interest rate hikes, and currency controls kept investors cautious, especially in Egypt and Pakistan. But Saudi Arabia and Israel led the rebound, with fintech and cybersecurity dominating the top rounds.

📌 Top 5 Funding Rounds:

  • Lendo (Saudi Arabia) – $690M debt round led by J.P. Morgan
  • Forus Financial (Saudi Arabia) – $60M debt financing from Fasanara Capital
  • Oligo Security (Israel) – $50M Series B from Greenfield Partners
  • Finout (Israel) – $40M Series C from Insight Partners
  • Rize (Saudi Arabia) – $35M Series A led by Rayed Ventures

These deals reflect a growing preference for scale-ready ventures aligned with national goals like Vision 2030. Smaller startups may face headwinds, but innovation in fintech, cybersecurity, and proptech continues to attract capital.

📺 Watch the full breakdown to explore startup profiles, investor trends, and what this shift means for MENAPT’s tech ecosystem.

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