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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