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Taager Secures $6.75M To Expand Social eCommerce In MENA

The Pre-Series B funding round was led by Norrsken22 and will allow the company to enhance the platform while strengthening its data tools and team.

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taager secures $6.75 million to expand social ecommerce in mena

Riyadh-based social eCommerce platform Taager has successfully raised $6.75 million in a Pre-Series B funding round. The investment, led by Africa-focused growth fund Norrsken22, will help the company expand its operations further across the Middle East.

Taager allows would-be entrepreneurs to start their own dropshipping business, providing products, storage, shipping, and customer collection. However, unlike traditional platforms, Taager specializes in “social eCommerce” — a business model where products are bought and sold directly through social media platforms.

Social commerce merges online shopping with social interactions, significantly reshaping traditional online customer journeys. Globally, social eCommerce is projected to generate $2.5 trillion in revenue this year. In the MENA, it has already surpassed $14 billion, accounting for over 30% of all eCommerce sales.

Although MENA’s young, tech-savvy population is already purchasing products via social eCommerce, would-be entrepreneurs often face challenges starting a business in the region. Supply chains are complex, capital is limited, and gaining insights into the diverse range of consumer bases can be tough.

Taager tackles these pain points by offering an all-in-one platform that provides sellers with access to trending products, pricing and marketing insights, logistics solutions, embedded financing, and multi-market payment processing.

Also Read: Top E-Commerce Websites In The Middle East In 2025

Leveraging data gathered from thousands of merchants and millions of customers, Taager also uses machine learning to enhance product recommendations, optimize pricing, and predict buyer behavior. The company is also integrating generative AI into its operations, using AI-driven sales agents to improve efficiency while keeping costs in check.

The eventual goal is to establish Taager as a central hub for demand generation and data-driven decision-making in MENA’s social eCommerce ecosystem. Mohamed Elhorishy, Taager’s Co-founder and CEO, emphasized the company’s ambitious mission: “Our goal is to make it possible for anyone to launch and scale a successful social eCommerce business. We support women, young entrepreneurs, and low-income individuals in building sustainable sources of income. On average, Taager merchants have seen a 2.5x increase in profitability. Our platform has helped thousands achieve financial independence and stability”.

So far, Taager has supported over 45,000 online social sellers. With this latest round of funding, the company plans to strengthen its data tools, expand its product offerings, and grow its expert team to accelerate its regional impact.

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PayPal & TerraPay Join Forces For Cross-Border MENA Payments

The collaboration will be especially helpful in regions where traditional banking infrastructure is limited or inconsistent.

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paypal and terrapay join forces for cross-border mena payments

PayPal has teamed up with TerraPay to improve cross-border payments across the Middle East and Africa. The move is designed to make it easier and faster for users to send and receive money internationally, especially in regions where traditional banking infrastructure can be limited or inconsistent.

The partnership connects PayPal’s digital payments ecosystem with TerraPay’s global money transfer network. The goal is to streamline real-time transfers between banks, mobile wallets, and financial institutions, significantly improving access for millions of users looking to move money securely and efficiently.

Through the partnership, users will be able to link their PayPal accounts to local banks and mobile wallets using TerraPay’s platform. This means faster transactions and fewer barriers for individuals and businesses across the region.

“The Middle East and Africa are at the forefront of the digital transformation, yet financial barriers still limit growth for many,” said Otto Williams, Senior Vice President, Regional Head and General Manager, Middle East and Africa at PayPal. “At PayPal, we’re committed to changing that […] Together, we’re helping unlock economic opportunity and build a more connected, inclusive financial future”.

For TerraPay, the deal is a chance to scale its reach while reinforcing its mission of frictionless digital transactions.

“Our mission at TerraPay is to create a world where digital transactions are effortless, secure, and accessible to all,” said Ani Sane, Co-Founder and Chief Business Officer at TerraPay. He added that the partnership is a major milestone for enhancing financial access in the Middle East and Africa, helping businesses grow and users move funds with fewer limitations.

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

The integration also aims to support financial inclusion in a region where access to global banking tools is still uneven. With interoperability at the core, TerraPay can bridge the gap between different financial systems — whether that’s a mobile wallet or a traditional bank — making it easier to send money, pay for services, or grow a business across borders.

As the demand for cross-border payment options continues to rise, both PayPal and TerraPay are doubling down on their commitment to provide reliable, secure, and forward-looking financial tools for the region.

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