Tech Company Financing Transactions

Wahed Funding Round

Private investors invested in a $5 million Seed funding round for Wahed. The financing round was announced on 6/7/2017.

Transaction Overview

Company Name
Announced On
6/7/2017
Transaction Type
Venture Equity
Amount
$5,000,000
Round
Seed
Investors

private investors (John Elkhair)

private investors (Khalid Al Jassim)

private investors (Nasr-Eddine Benaissa)

Proceeds Purpose
With the $5 million in funding, Wahed looks to scale up. There's a huge amount of products we can offer, from mortgages to debit cards, he said.

Company Information

Company Status
Private & Independent
Industry
FinTech
Mailing Address
12 E. 49th St. 11th Floor
New York, NY 10017
USA
Email Address
Overview
Our mission is simple: to provide an efficient, reliable, and truly accessible Shari'ah compliant investment platform to investors across North America.
Profile
Wahed LinkedIn Company Profile
Social Media
Wahed Company Twitter Account
Company News
Wahed News
Facebook
Wahed on Facebook
YouTube
Wahed on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Junaid Wahedna
  Junaid Wahedna LinkedIn Profile  Junaid Wahedna Twitter Account  Junaid Wahedna News  Junaid Wahedna on Facebook


 

 

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Prev: 6/7/2017: Court Innovations venture capital transaction
Next: 6/7/2017: Wiretap venture capital transaction

 

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Where The Data Comes From

Our team works diligently to report on tech company VC transactions. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.

 


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