Utajir, a startup revolutionizing online entrepreneurship in the MENA region, has joined FasterCapital’s Raise Capital program as it prepares to raise $1M in funding. Based in the MENA region and founded by Fares Fersi, Utajir offers a fully integrated platform designed to help individuals start, grow, and scale online businesses without requiring technical skills or juggling multiple disconnected tools.

Utajir addresses the key challenges that many aspiring entrepreneurs and small business owners face in the region: lack of accessible guidance, fragmented resources, and limited access to practical tools. By offering an all-in-one platform that combines step-by-step educational support, essential business tools, and integrated payment solutions, Utajir makes entrepreneurship accessible, practical, and profitable for everyone.

Commenting on the collaboration, Bashar Hamood, Venture Partner at FasterCapital, said, “We’re excited to welcome Utajir to the Raise Capital program. The MENA region is full of untapped entrepreneurial potential, and Utajir is directly tackling the barriers that have held many back from starting their journey.” He added, “Utajir’s platform is a strong example of purpose-driven innovation. We look forward to supporting their funding round and expansion.”

Fares Fersi, Founder of Utajir, shared his enthusiasm: “Joining FasterCapital’s Raise Capital program is a key step for us. With their backing, we’re confident in our ability to connect with the right investors and take Utajir to the next level. We believe in the power of entrepreneurship to transform lives, and we’re building the tools to make that transformation possible across MENA.”

With this partnership, Utajir is seeking to raise $1M to scale its platform, expand its user base, and continue building a robust ecosystem for entrepreneurs across the region.