Tech Company Financing Transactions
MyZoi Funding Round
MyZoi, based in Abu Dhabi, secured $14 million from SBI Holding and SC Ventures.
Transaction Overview
Company Name
Announced On
9/6/2023
Transaction Type
Venture Equity
Amount
$14,000,000
Round
Undisclosed
Investors
SBI Holding (Lead Investor)
SC Ventures (Lead Investor) (Gautam Jain)
Proceeds Purpose
The company will use the funds to bolster financial inclusion across UAE.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
Undisclosed
Abu Dhabi, Undisclosed
AE
Abu Dhabi, Undisclosed
AE
Phone
Website
Email Address
Overview
myZoi is committed to promoting the financial inclusion and digital literacy of the unbanked and the underbanked through tailored financial services, elevating their living standards over time. Headquartered in the UAE, myZoi is a wholly owned subsidiary of Standard Chartered Bank and incubated through SC Ventures -- the Bank's innovation, fintech investment and ventures arm.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Syed Ali
Chief Operating Officer
Shanawaz Rouf
Chief Technical Officer
Oliver Hodge
Co-Founder
Christian Buchholz
Co-Founder
Arsalan Siddiqui
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