Middle East Daily
    Hot News
    Lifestyle

    New Year, New Start: DoubleTree By Hilton Dubai – Jumeirah Beach Is Kicking Off 2024 By Launching A Whole New Line Up Of Amazing Dining Experiences

    Business

    Blockchain Forum in Moscow: Must-Attend Global Crypto Event

    Business

    Report; Unusual CFDs that you can trade

    Important Pages:
    • Privacy Policy
    • Terms & Conditions
    Facebook Twitter Instagram Pinterest
    • Privacy Policy
    • Terms & Conditions
    Friday, July 11
    Facebook Twitter
    Middle East Daily
    • Home
    • News

      Khalifa Fund for Enterprise Development and 42 Abu Dhabi partner to host inaugural coding bootcamp ‘Piscine’ in Al Ain Region

      Wynn Al Marjan Island debuts Enclave: A destination within a destination

      Ajman Transport Authority Announces Launch of Taxi-Hailing Service via The “Yango” App

      Oman’s finance and leasing sector supports economic diversification under Vision 2040

      Shared vision for mobility, motorsport boosting UAE’s trading partnership with Japan – Ben Sulayem

    • Business

      Inclusivity by Design: Binance launches world’s first Sharia-Compliant multi-token staking

      QCDC celebrates youth empowerment at ‘My Career – My Future’ closing ceremony

      Strengthening Digital Ties: NPCI International scales up UPI adoption in the United Arab Emirates

      SBC Summit Tbilisi Gears Up for Its Strongest Edition Yet

      Smart Choices and Ample Supply keep Dubai’s rental market stable – Bayut & dubizzle

    • Technology

      Du and Huawei renew partnership to accelerate Emiratisation and digital talent development in UAE

      Yango Launches Enhanced Commuting Experience in Abu Dhabi and Sharjah with Transport Service

      Promofix becomes the authorized Google Ads media sales representative across five key MENA markets

      Sony’s Ultimate Travel Tech Guide for a Smarter Summer

      Visa, SAB and AC Milan Women announce the winner of She’s Next in Football program in Saudi Arabia

    • Lifestyle

      Yango Launches Enhanced Commuting Experience in Abu Dhabi and Sharjah with Transport Service

      Sony’s Ultimate Travel Tech Guide for a Smarter Summer

      Wynn Al Marjan Island debuts Enclave: A destination within a destination

      Yas Waterworld Yas Island, Abu Dhabi’s much-awaited expansion is now officially open

      AROYA Cruises embarks on its Mediterranean Season Maiden Voyage

    Breaking News:
    • Inclusivity by Design: Binance launches world’s first Sharia-Compliant multi-token staking
    • QCDC celebrates youth empowerment at ‘My Career – My Future’ closing ceremony
    • Strengthening Digital Ties: NPCI International scales up UPI adoption in the United Arab Emirates
    • SBC Summit Tbilisi Gears Up for Its Strongest Edition Yet
    • Smart Choices and Ample Supply keep Dubai’s rental market stable – Bayut & dubizzle
    • Masdar hosts European business partners and executives in Madrid to accelerate advanced energy partnerships
    • Stc Bahrain Joins Forces with Chalhoub & Buhindi W.L.L. for “Trees for Life” initiative
    • Le Méridien Dubai appoints new leadership at Casa Mia and The Dubliner’s
    Middle East Daily
    Home » Kuwait’s Motery raises undisclosed seed round
    Business

    Kuwait’s Motery raises undisclosed seed round

    Share
    Facebook Twitter LinkedIn Pinterest WhatsApp

    Motery, an innovative fintech application revolutionizing the automotive purchasing landscape, is proud to announce the successful completion of its seed funding round, at an $8 million valuation. This strategic investment will empower Motery to expand its services and solidify its position as a one-stop shop for online car buying and financing in the automotive sector.

    Motery simplifies the car buying journey by providing customers with the ability to purchase vehicles online while offering flexible financing solutions tailored to their needs. With our intuitive platform, consumers can easily search for their ideal car, compare financing options, and complete their purchase—all from the convenience of their homes.

    The newly acquired funding will facilitate the enhancement of Motery’s services, enabling us to capture more transactions in Kuwait’s burgeoning automotive market. This successful funding round not only underscores investors’ confidence in Motery but also validates our vision of becoming a leader in cutting-edge automotive solutions.

    “We are thrilled to have secured this funding at a strong valuation, which will allow us to accelerate our growth and continue innovating in the automotive space,” said Abdulla Al Ateeqi, Co-Founder of Motery. “Our mission is to simplify and elevate the car buying experience for consumers in Kuwait, and this investment is a crucial step toward achieving that goal.”

    Eng. Mohammad Al Abdulsalam, Co-Founder of Motery, added, “This funding is a testament to our team’s hard work and dedication. We are excited to enhance our platform further, ensuring that our customers enjoy a seamless and efficient car buying process. Together, we are committed to driving the future of automotive financing in Kuwait.”

    As Motery embarks on this exciting journey, we remain dedicated to providing exceptional service and technology that meet the evolving needs of our customers.

    Share. Facebook Twitter Pinterest LinkedIn WhatsApp

    Related Posts

    Business

    Inclusivity by Design: Binance launches world’s first Sharia-Compliant multi-token staking

    Business

    QCDC celebrates youth empowerment at ‘My Career – My Future’ closing ceremony

    Business

    Strengthening Digital Ties: NPCI International scales up UPI adoption in the United Arab Emirates

    Business

    SBC Summit Tbilisi Gears Up for Its Strongest Edition Yet

    Business

    Smart Choices and Ample Supply keep Dubai’s rental market stable – Bayut & dubizzle

    Business

    Masdar hosts European business partners and executives in Madrid to accelerate advanced energy partnerships

    Business

    Stc Bahrain Joins Forces with Chalhoub & Buhindi W.L.L. for “Trees for Life” initiative

    Business

    Le Méridien Dubai appoints new leadership at Casa Mia and The Dubliner’s

    Follow Us
    • Facebook
    • Twitter
    Top Posts
    Business

    OneWorldChain Launches Its Revolutionary OWCT Token, Initiating a New Era in Blockchain Technology

    OneWorldChain launches OWCT token, enhancing blockchain with high-speed, low-cost transactions; Mainnet live, tokens available July…

    Business

    EuroTech ME Launches a Series of Internship Programs Kicking Off with Summer 2024 Internships

    Michael Andersen, Founder & CEO of EuroTech ME, is accelerating his support and empowerment of…

    Business

    Panasonic Holds Annual Customer Service Conference To Take Customer Experience To The Next Level

    Dubai, United Arab Emirates Panasonic Marketing Middle East & Africa (PMMAF) continues to march forward…

    Business

    OPEC Fund Development Forum 2025 concludes with new commitments to accelerate global development impact

    The fourth OPEC Fund Development Forum concluded today with a strong slate of new commitments,…

    Business

    Kuwait’s Motery raises undisclosed seed round

    Motery, an innovative fintech application revolutionizing the automotive purchasing landscape, is proud to announce the…

    Welcome to Middle East Daily, your daily dose of news and insights from the heart of the Middle East. Explore the latest headlines, delve into thought-provoking analysis, and engage with stories that define our region's narrative.

    Facebook Twitter
    Categories
    • Business (316)
    • Lifestyle (121)
    • News (126)
    • Technology (85)
    Top Insights
    Business

    Crayons Nursery breaks ground in Nad Al Sheba

    Business

    G Wellness Company Limited partners with Wyndham Hotels & Resorts

    © 2025 Middle East Daily.
    • Home
    • Privacy Policy
    • Terms & Conditions

    Type above and press Enter to search. Press Esc to cancel.