Finverity: Raises $2m Pre-Series A to accelerate growth
- Finverity was born out of a vision to make the global financial system work for all, one product at a time
- Announces the completion of a USD 2m Pre-Series A equity funding round
- The proceeds will be deployed in expanding the sales, operations and technology teams
- Attracted investment in this round from two main types of investors: specialist fintech and emerging markets investors
- It has been growing strongly thanks to its fully digital operations, the increasing need from corporates for working capital solutions
- BY Venture Partners (BY) is a venture capital firm headquartered in Abu Dhabi investing globally with a focus on the MENA region