Wamda

MENA startup funding surges to $1.1 billion in September 2026

MENA startup funding staged a sharp comeback in September, crossing the $1 billion mark for the first time in months as a string of large Saudi fintech deals pulled the region out of August’s slowdown. Startups across the Middle East and North Africa raised $1.1 billion through 73 deals during the month, up 193% from August. Yet the recovery looks less dramatic when compared with last year: funding remained 68% below September 2025. The rebound was also highly concentrated. Barq’s $3

By Wamda

1 min read
MENA startup funding surges to $1.1 billion in September 2026
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