News

Step Conference Announces Dates For 2023 Dubai Tech Festival

The popular technology expo will take place in Dubai’s Internet City and feature a retro future theme.

Published

2 years ago

December 22, 2022

step conference announces dates for 2023 dubai tech festival

Step Conference has announced dates for the 11th Edition of its popular technology festival for emerging markets, which will take place in Dubai’s Internet City. The expo will take place between 22-23 February 2023 in the largest technology hub in the MENA region, which is currently home to Fortune 500 companies, SMEs, and startups.

This year the conference will focus on exploring a “retro future”, where past styles and trends mix with cutting-edge technology. In a first for the popular event, consumer brands will showcase their products to more than 8,000 consumers at a special Direct-to-Consumer (DTC) Hub. As well as catching a glimpse of upcoming tech innovation, participants will also be able to enjoy a packed program of events:

Start Track: Covering the tech startup scene and all things digital.
Fintech Track: A deep dive into banks, payment gateways, and fintech.
Future Track: Exploring futuristic transport and autonomous technology.
Digital Track: Bringing together brand managers and digital influencers.
Wellness Track: Covering topics and trends on wellbeing and fitness technology.
Earth Track: Exploring greentech, sustainability, and environmental impact.

“I’m delighted to announce the launch of the 11th Edition of our conference and to provide a platform for the tech industry to come together, discuss and debate the latest and future trends. We wanted to focus on six tracks where we see past trends developing and impacting the future. Exploring retro-futurism and the dynamic between past and future technologies will help to pave the way for what is yet to come,” says Ray Dargham, CEO of Step.

Also Read: How To Find The Best Remote Work Opportunities In The Middle East

The event host, Dubai Internet City, has been home to a tech community of global and local businesses and startups since 1999, and has helped to put the UAE at the center of global technology innovation. Events like Step create important funding and networking opportunities for startups and entrepreneurs and help to raise the profile (and value) of an already booming digital economy.

If you’re interested in visiting Step Conference 2023, head over to the official booking page to register for tickets.

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”.

Also Read: A Guide To Digital Payment Methods In The Middle East

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.