Rakeez Financial secured $2 million Seed Round investment led by CoreVision to expand financial technology services within the Kingdom of Saudi Arabia.
Amount Raised
$2 Million
Round Type
Seed
RiyadhFinancial ServicesFinanceFintechLendingInvestors
Description
Rakeez Financial, a Saudi Arabian fintech firm, has successfully secured a $2 million Seed Round investment led by CoreVision, aimed at bolstering the expansion of financial technology services within the Kingdom of Saudi Arabia. The Fintech Saudi initiative, spearheaded by SAMA and CMA, aims to propel the fintech sector forward in Saudi Arabia.
Quick answer
Rakeez Financial raised $2 Million in a Seed round, dated March 11, 2024. Investors: Core Vision. Rakeez Financial is based in Riyadh, Riyadh Region, Saudi Arabia.
- How much did Rakeez Financial raise?
- Rakeez Financial raised $2 Million in a Seed round on March 11, 2024.
- Who invested in Rakeez Financial?
- Core Vision is named as investors in this round.
- What does Rakeez Financial do?
- Rakeez Financial is a Saudi Arabian fintech firm specializing in providing a platform for issuing debt instruments and sukuk, contributing to the localization of financial services within the Saudi market.
- Where is Rakeez Financial based and how big is it?
- Rakeez Financial is based in Riyadh, Riyadh Region, Saudi Arabia.
- Who are the decision-makers at Rakeez Financial?
- Fundz holds 1 contact at Rakeez Financial. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Financial Services and Finance around the same time
Companies in the same sectors as Rakeez Financial that raised within 45 days of this round, from Fundz verified event records.
- QI Tech raised an undisclosed amount (Series B) on April 25, 2024.
- Kamina raised $3.2M (Pre-Seed) on April 17, 2024.
- Prosper raised $679K (Seed) on April 16, 2024.
- Ellipsis Labs raised $20M (Series A) on April 7, 2024.
- Hello Alice raised $130M (Series C) on April 4, 2024.
- Ellipsis Labs raised $20M (Series A) on April 4, 2024.
Who to call at Rakeez Financial, and when
A new round usually means Rakeez Financial is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Rakeez Financial raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Rakeez Financial, from your own LinkedIn network
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Related People
Rakeez Financial raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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