Emirates NBD and Rasmal Ventures Invest $7.6M in MENA Securitisation Innovation

Deniz Ventures and Rasmal Ventures back TeamSec to transform structured finance in MENA.

Highlights:

1. Emirates NBD’s Deniz Ventures and Qatar’s Rasmal Ventures invest $7.6 million in TeamSec.
2. TeamSec aims to digitize securitisation processes using AI and data analytics.
3. The investment will drive growth, expansion, and diversification in the MENA region.

Summary: Emirates NBD’s Deniz Ventures and Qatar’s Rasmal Ventures have jointly invested $7.6 million in TeamSec, an AI-powered securitisation platform. This investment aims to transform the structured finance industry in the MENA region by digitizing securitisation processes and creating a more transparent financial ecosystem.

The funding will support TeamSec’s growth operations, expansion across the MENA region, and diversification of its product and service offering.