T2 acquires majority stake in Saudi startup platform, Moola
02/11/25, 4:44 AM
Location
san francisco
saudi arabiaIndustry
fintech
financial services
software
T2, a leading Saudi technology services and solutions provider, has acquired a majority stake in the Saudi startup platform, Moola, to enter the fintech market and expand its range of services and solutions. This acquisition aligns with T2's strategy to acquire exceptional tech products and provide clients with more solutions in Saudi Arabia and beyond.
Company Info
Location
San Francisco, California, United States
Company info
But, riding the wave of interest in the current state of Twitter, a startup hoping to disrupt it has raised $1.1 million in funding. T2, to be clear, is not the company’s final name. But what version of “the original” he means is still up in the air, since Twitter has shifted quite a lot over the years, and T2 is being selective on what it’s prioritizing to build, and what it might leave out altogether. T2 may be one of the first to close (modest) funding in the wave of services out there, established and emerging, that are looking to dethrone Twitter, but it’s not the only one that will be looking to capitalize on the situation.
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| Raised | Growth The data in the raised column shows reported funding for this location/industry over last 90 days. The data in the growth column indicates the % increase or decrease of the last 90 days vs. the previous 90 days. Please note: one or more large fundings, especially for a location/industry that doesn't historically receive much funding, can have a significant impact on the increase or decrease percentage. | |
|---|---|---|
software | $13.9 B | -52.2% |
fintech | $2.6 B | 0.1% |