Fund Raised: $28 million
Investor: Wa’ed Ventures & STV
Co-Founder/CEO: Amr Murad & Abdulaziz Al-Adwan
Future Plans: CEO Amr Murad & Abdulaziz Al-Adwan said we will use the funds for accelerate growth and expand financial solutions for investors.
Also, read PhonePe Bags $350M At $12B valuation
Saudi Arabia-based, Manafa Bags $28M by Wa’ed Ventures and STV In Series A funding.
Till date Manafa funds more than 180 SMEs with approx $1.5 Billion on their platform.