DIFC FinTech Hive

Investor type Accelerator

Overview

Unlock datapoints

Portfolio analytics

Team

Investments

News & Media

Add fund to favorites
info
Save this fund for later to form your own custom list of funds
This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.
Total investments 51
Average round size
info
The average size of a deal this fund participated in
$242K
Portfolio companies 48
Rounds per year 10.20
Lead investments 10
Follow on index
info
How often the fund supports its portfolio startups at next rounds
0.04
Exits 4
Key employees Soon

Areas of investment

  • FinTech
  • Financial Services
  • Artificial Intelligence
  • Information Technology
  • Payments
Summary

DIFC FinTech Hive appeared to be the VC, which was created in 2017. The leading representative office of defined VC is situated in the Dubai. The fund was located in Asia if to be more exact in United Arab Emirates.

The typical case for the fund is to invest in rounds with 1 participant. Despite the DIFC FinTech Hive, startups are often financed by Shorooq Partners, Startupbootcamp, 500 Startups. In the next rounds fund is usually obtained by 500 Startups, Startupbootcamp, Shorooq Partners.

The fund is constantly included in 13-24 investment rounds annually. The high activity for fund was in 2018. Opposing the other organizations, this DIFC FinTech Hive works on 26 percentage points less the average amount of lead investments.

For fund there is no match between the country of its foundation and the country of its the most frequent investments - United Kingdom. Among the most popular fund investment industries, there are Insurance, Internet. Among the most popular portfolio startups of the fund, we may highlight Delio, Semantify, WeInvest. Moreover, a startup needs to be at the age of 2-3 years to get the investment from the fund. The fund has exact preference in some founders of portfolio startups.

Read more

Related Funds

Funds investing in previous rounds
These funds often invest in the rounds preceeding the rounds of DIFC FinTech Hive:
Typical Co-investors
DIFC FinTech Hive is more likely to invest in rounds together with the following funds:
There are no funds here. If we find new data, we will add it here.
Funds investing in following rounds
These funds have a tendency to invest in the following rounds after DIFC FinTech Hive:
There are no funds here. If we find new data, we will add it here.

Look at other 50 related and similar funds Collapse list
Fund NameLocation
Beverly Capital -
Boo Commercial JSC -
BOS Better On-Line Solutions HaMerkaz, Israel, Rishon Le Zion
Cass Entrepreneurship Fund England, London, United Kingdom
Cypress Capital Group China, Guangdong, Shenzhen
Delight Ventures Japan, Kanagawa Prefecture, Kawasaki
G2VP California, Menlo Park, United States
Guangdong Lihe Kaiwu Venture Capital Fund China, Guangdong Province, Huizhou
Guochuang Chenggu China, Guangdong, Tianjin
Kardan Amsterdam, Noord-Holland, The Netherlands
Nagoya TV Ventures Aichi Prefecture, Japan, Nagoya
Nigata Tochi Tatemono Hanbaisenta Japan, Niigata, Niigata Prefecture
Purple Angel Canada, Nepean, Ontario
Shanghai Tangsheng Investment Development China, Shanghai
Sivia Capital California, San Francisco, United States
Steve Walker and Associates England, London, United Kingdom
Taipei Fubon Bank -
Wankaida Technology China, Guangdong, Shenzhen
Zenith Group Stockholm, Stockholm County, Sweden
Zhejiang University Technology Venture Capital China, Hangzhou, Zhejiang

Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

NOW Money

Banking
Financial Services
FinTech
Information Technology
Mobile Payments
$7M29 Mar 2021 Dubai, United Arab Emirates

FlexxPay

Information Technology
$3M14 Feb 2021 Dubai, United Arab Emirates

Algante Technologies

Artificial Intelligence
Service Industry
26 Nov 2020 Dubai, United Arab Emirates

OkHi

Apps
Logistics
Supply Chain Management
$1M23 Sep 2020 Nairobi, Nairobi, Kenya

FOMO Pay

FinTech
Internet
Payments
07 Sep 2020 Singapore, Central Region, Singapore

Financial Services
Wealth Management
27 Nov 2018 Dubai, United Arab Emirates

Jibrel Network

Blockchain
Financial Services
FinTech
Virtual Currency
01 Nov 2018 Zug, Zug, Switzerland

Spare Payments

E-Commerce
Electronics
FinTech
Payments
Retail Technology
$100K08 Aug 2018 Cairo, Cairo Governorate, Egypt

Virtual i Technologies

Artificial Intelligence
Financial Services
Information Technology
Insurance
$327K01 Jan 2017 Zürich, Zurich, Switzerland
News
Now Money Secures $7M in Funding

– NOW Money from Dubai is a fintech company that provides a digital banking solution for low-income migrant workers.
– The company raised $7m in funding led by Anthemis Exponential Ventures.
– The round was also joined by a consortium of investors including Knuru Capital, Wamda, Commercial Bank of Dubai, DIFC FinTech Fund, Accion Venture Lab, Greenhouse Capital and Hambro Perks Oryx Fund.
– The new investment will be used to expand into the Kingdom of Saudi Arabia.

Review

  • No reviews are submitted yet.
Do you want more?
We provide dozens of additional datapoints about this fund.
Sign up and get access to full fund profile and advanced analysis.
Full team
Industries heatmap
Stages heatmap
Georgaphy breakdown
Coinvestors
Portfolio analysis
Performance indexes
Latest highlights
Unlock all data
Do you represent DIFC FinTech Hive?
Get access to manage this page
Get in touch
Found incorrect info? Let us know!

Wait!
You can raise money with us faster

Get matched with relevant funds

Find decision makers data

Connect with investors by email

Remind me later
...and save more than 200 hours*
*-Our recommendation and outreach system saves up to 200 hours of founder time on fundraising for seed and series A+ startups
We use LinkedIn only to verify your account. We don't import or message your contacts, nor post on your behalf.
By creating an account, you agree to our Terms of Service and Privacy Policy.
Crunchbase icon

Content report

The following text will be sent to our editors: