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Saudi fintech firm raises $3.2m in seed funding

RIYADH: EdfaPay, a Saudi-based fintech startup that helps companies use their smartphones for payment, has raised $3.2 million in a seed funding round. The funding round was led by Sanabil 500 MENA, Nufud Wealth International, Atmiid Investment, Basmah Commercial Investment, and a group of local and international angel investors. EdfaPay aims to utilize the capital to strengthen its operations in the Kingdom and expand to Pakistan and South American countries.

Historic Protests in Peru

'Latin America in general is a huge gap between the rich people and the poor people.'

Communication Workers Union Leaders Accept Royal Mail Pay Offer

The CWU will recommend its members accept a deal to end the long-running dispute, Royal Mail's owner says.

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