Finverity: Raises $2m Pre-Series A to accelerate growth

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
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

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