Tech Company Financing Transactions

Wahed Funding Round

Saudi Aramco Energy Ventures, Cue Ball Group and Dubai Cultiv8 joined a $50 million Series B funding round for Wahed. The round was announced on 6/20/2022.

Transaction Overview

Company Name
Announced On
6/20/2022
Transaction Type
Venture Equity
Amount
$50,000,000
Round
Series B
Investors
Proceeds Purpose
The company intends to use the funds to launch an ethical neobank on its platform in the near future, allowing users to fulfill their banking and investing needs all on a single app.

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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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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