Finverity: Raises $5m equity funding as revenues grow 15x
- Finverity was born out of a vision to make the global financial system work for all, one product at a time
- Announces it has raised US$5 million in a heavily oversubscribed equity funding round from new and current investors
- New investors include London-based fintech specialist Outward, Amsterdam-based Acrobator Ventures
- The funding round comes on the back of 15x revenue growth in 2022 across the Middle East and Africa
- It was born out of a vision to make the global financial system work for all, one product at a time
- The funding raised in this round will be used to immediately increase the headcount from the current 40 to 60 employees
