Oumla Secures Seed Funding to Build MENA-Focused Web3 Infrastructure

Seed funding has been obtained by Oumla to aid in the quick establishment of web3 infrastructure that will be used in serving the Middle East and North Africa (MENA) region which is on its way to becoming a major global blockchain growth hub. This investment is aimed at rectifying the existing infrastructural deficiencies experienced by Web3 start-ups and companies that operate within the MENA markets.

Increasing Web3 Adoption in MENA

The MENA region is now among the regions with the highest adoption rates of blockchain technology globally. Various industry reports have indicated that this region contributes approximately 7-9% of the total crypto transactions witnessed globally, with an annual increase of more than 40%. For instance, countries like UAE and Saudi Arabia are still putting more effort into digital assets, fintech innovation, as well as decentralized technologies under their plans for economic diversification.

Nonetheless, most of the Web3 infrastructure utilized in this growth has been imported from Europe and North America. Such mismatches often lead to non-compliance, lack of scalability as well as integration problems with domestic financial systems.

What Oumla Intends to do About the Infrastructure Gap

The company’s platform is designed for the unique requirements of the region such as compliance, localized financial rails and developer-friendly tooling that is optimized for MENA markets. With this funding, it intends to grow its engineering team, enhance security frameworks, and deploy infrastructure capable of supporting enterprise-scale workloads.

It has been approximated by analysts that companies dealing with infrastructure layers are able to realize value from their operations over a long period compared to those at application layer. In 2024 alone, global venture capital investments in infrastructure-focused web3 companies exceeded $6 billion or almost 35% of total blockchain investment indicating a move towards foundational technologies.

Investor Confidence in MENA-Based Infrastructure Startups

The successful seed funding round signifies an increasing investor trust in technology start-ups originating from MENA. In 2024, there was over $3. 5 billion worth of venture capital investment activity in the region, with blockchain and fintech ranking topmost in terms of funds allocation. Particularly, governments’ call for compliant, scalable and enterprise-ready digital solutions has seen increased interest in infrastructure-focused startups.

Market Impact and Future Outlook

By concentrating on infrastructure rather than speculation, Oumla hopes to promote widespread and sustained adoption of Web3 throughout various sectors like finance, logistics, digital identity and government services. It is projected that if things remain constant, there will be more than $3 trillion worth of on-chain transactions taking place in the MENA blockchain market by 2030.

With new funds and a specific focus on the region, Oumla positions itself at the core of shaping Middle Eastern web3 innovation phase to come.