Dubai International Financial Center invests in four startups

Thursday 11 June 2020 13:27 CET | News

Dubai International Financial Center has invested in four startups through its USD 100 million Fintech Fund.

The startups that have received investments are FlexxPay, Rise, Now Money, and Sarwa, but there are no details regarding the exact amount of money each of them received.

The fund that was first announced in 2017 and formally established in 2019 is designed to help startups operating in the financial services industry in the Middle East, Africa, and South Asia by providing growth capital, while supporting their outreach and connections with the financial industry.

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Keywords: Dubai, Dubai International Financial Center, fintech, startups, FlexxPay, rise, Now Meny, Sarwa, fintech fund, Middle East, Africa, South Asia, financial
Categories: Banking & Fintech
Countries: Saudi Arabia
This article is part of category

Banking & Fintech