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Future of Finance in KSA - The Business Year

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Saudi fintech erad raises $2.4m to expand its financing platform

RIYADH: A Saudi-based fintech startup, erad, raised $2.4 million in a pre-seed funding round by UAE-based venture capital firms Nuwa Capital and Venture Souq in addition to Saudi Arabia’s Khwarizmi Ventures. The company offers a data-driven platform that provides non-dilutive growth capital for online businesses in the Middle East. The platform evaluates the marketing, sales, ....

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erad raises $ 2.4 million pre-Seed round


Saudi Arabia-based fintech erad, has raised a $2.4 million pre-Seed funding round, backed by UAE-based Nuwa Capital and VentureSouq, as. ....

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