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UAE’s Kema secures $2M pre-seed investment. 2 other stories and a trivia

Feb 13, 2024•almost 2 years ago

Amount Raised

$2 Million

Round Type

seed

DubaiSoftware Development

Investors

Dubai Future District Fund (Dfdf)Speedinvest

Description

UAE’s Kema has secured a $2 million pre-Seed funding round led by Speedinvest with the participation of the Dubai Future District Fund (DFDF). The company intends to utilize this capital injection to foster its SaaS platform, particularly focusing on catering to the SME sector, expand its reach within the UAE market, and recruit top-tier talent to support its expansion plans.

Company Information

Company

Kema

Location

Dubai, Dubai, United Arab Emirates

About

B2B payments platform that aims to accelerate cashflow for SMEs in MENA. Kema allows you to simplify your collection, stop chasing your customers, accept online payments and get paid faster using powerful automation via a simple plugin. Request a Demo by visiting our website

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers