News

Anghami Partners With Wajeez To Add Audible Books

Thousands of audiobook summaries look set to be added to the portfolio of Anghami after a partnership is announced with leading platform Wajeez.

Published

2 years ago

August 5, 2022

Nour Nasir

Anghami

Anghami, the pioneers of music streaming and digital distribution in the MENA region, has just announced a collaboration with Wajeez, another MENA-based platform that enables users to read or listen to 15-minute curated summaries of books, novels, and podcasts in Arabic.

The partnership will help Anghami add thousands of audiobook summaries to its platform, greatly expanding the company’s portfolio and strengthening its commitment to enriching user experience with world-class Arabic content.

Anghami’s 72 million+ users will soon have access to over 3,500 regional and international non-fiction book titles in an audio summary format as an add-on within the main Anghami platform.

wajeez integration with anghami

“The art of storytelling is a historic, cultural cornerstone in the Arab world. Our partnership with fast-growing startups like Wajeez marks a defining chapter for us as we collectively aim to leverage the full potential of audio content,” says Elie Habib, Co-Founder & Chief Technology Officer at Anghami.

Anghami hopes that the new catalog, which includes both audiobook and podcasts formats, will freshen their current offering and help to give creators an expanded platform and outlet for their work. Meanwhile, for Wajeez, the collaboration will see its content reaching a much wider audience.

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“Our partnership with Anghami, the region’s leading streaming platform, reinforces our vision to spread culture and knowledge on the widest possible scale in the Arab world, because we believe that the knowledge gained from reading constitutes awareness, which is a fundamental pillar for the renaissance, advancement, and civilization of people,” says Rami Abu Jbara, Chief Content Officer & Co-founder of Wajeez

Anghami’s announcement comes at a time when the company is actively bolstering its commitment to providing the best possible Arabic content. The platform has already announced the addition of live events, offline and virtual entertainment to its services, in a move that hopes to showcase top talent and help to put the region’s vibrant culture in front of a global audience.

News

Mamo Completes $3.4M Funding Round To Enhance Fintech Services

The startup will use the influx of cash to expand into Saudi Arabia and across the wider GCC while improving its product offering.

Published

1 day ago

July 25, 2024

Nour Nasir

Mamo

UAE-based fintech Mamo has announced the completion of a $3.4 million funding round that will help the startup extend its market presence and improve its product offering. Investors included 4DX Ventures, the Dubai Future District Fund and Cyfr Capital.

Mamo’s platform offers “payment collection, corporate cards and expense management” to help small and medium-sized businesses consolidate and streamline their operations. With the latest influx of capital, Mamo will further develop its comprehensive suite of services and begin testing its product lines in Saudi Arabia, further extending its footprint across the GCC.

Imad Gharazeddine, co-founder and CEO of Mamo, stated: “We’ve been in the market for a while now and are incredibly proud of what our team has achieved. The holistic and expansive nature of our product offering has helped us continue to grow sustainably. This additional funding will allow us to reach our medium-term goals even faster. The support from new and existing investors is a testament to our strong expertise and the ability to deliver on our customer promise”.

Daniel Marlo, General Partner of lead investor 4DX Ventures, added: “We have immense trust in Imad’s vision, leadership and Mamo’s innovative approach to provide a user-friendly and comprehensive financial solution for SMEs that makes financial management more accessible and efficient. We are proud to partner with them and support their mission”.

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Amer Fatayer, Managing Director of Dubai Future District Fund’s investment team, also commented: “Mamo’s localized product lines serve as an infrastructure for SME payments and spend management in UAE, a segment that is underserved by the country’s current banking infrastructure. The team has taken a product-first approach to consolidating SMEs’ financial journeys and building a fintech solution deeply embedded in a business’s core operations”.

To date, Mamo has raised around $13 million in investment funding and now boasts a team of 30 people. The company’s intuitive financial services platform has allowed over 1,000 businesses to consolidate their financial operations and significantly reduce payment fees.