MENA startup funding surges to $4.5bn in Q3 on Saudi fintech boom
Startup funding in the Middle East and North Africa (MENA) region surged to $4.5 billion in the third quarter of 2025, marking a 523% increase from the previous quarter, according to new data from Wamda and Digital Diges.
The sharp rise was driven by a record-breaking September, which accounted for $3.5 billion across 74 deals, up 914% month-on-month. Even excluding $2.6 billion in debt financing, equity funding saw one of the strongest performances in the region’s history, rising 147% from August and 194% year-on-year.
Saudi Arabia leads regional surge
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Muhammad Ali Bandial