Thndr Claps
  • Egypt
  • Saudi
  • Thinkers
  • العربية
No Result
View All Result
Thndr Claps

Thndr Claps » Saudi Claps » Tech 📲 » Manafa completes Series A investment round 💸

Manafa completes Series A investment round 💸

by Omar El Shorafa
December 28, 2022

The Clap
Manafa, an emerging Saudi fintech company, raised SAR 106mn ($28mn) through a Series A investment round led by STV and Wa’ed Ventures, the venture capital investment arm in startups wholly owned by Aramco (2222).

What
Manafa, which operates in debt and equity crowdfunding, is looking to speed up its growth through this round after financing more than 180 SMEs, with a total value of approximately SAR 1.5bn since its establishment in 2018.

So What
Manafa has contributed to bridging the financing gap between companies and investors by providing financial solutions that suit their needs in various sectors.

This allows companies to easily and efficiently access qualified investors, such as financial institutions, individual investors, and investment funds.

Now What
Aramco established Wa’ed Ventures in 2013 with a value of $200mn to invest in fast-growing technology startups.

Today, the fund manages a portfolio of more than 50 startups, supporting them through venture capital investment and access to partner services.

  • Click to share on Facebook (Opens in new window)
  • Click to share on Twitter (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on WhatsApp (Opens in new window)

Related Posts

PIF nears acquisition of stake in Heathrow Airport 🛫
Airlines ✈️

PIF nears acquisition of stake in Heathrow Airport 🛫

by Salma Arafa
November 29, 2023
PIF secures syndicated loan with Korea Trade Insurance
Economy 🏙

PIF secures syndicated loan with Korea Trade Insurance

by Ahmad Diaaeldin
November 28, 2023
SEVEN unveils its ‘fifth entertainment destination’ in Aseer 🎊
Entertainment 🎭

SEVEN unveils its ‘fifth entertainment destination’ in Aseer 🎊

by Salma Arafa
November 27, 2023
Northern Border Investment Forum to offer opportunities 💰
Funds 🤑

Northern Border Investment Forum to offer opportunities 💰

by Ahmad Diaaeldin
November 26, 2023
Saudi Arabia secures $11 billion syndicated loan
Economy 🏙

Saudi Arabia secures $11 billion syndicated loan

by Ahmad Diaaeldin
November 26, 2023
Saudi Real Estate Refinance Issues Local Sukuk 💰
Funds 🤑

Saudi Real Estate Refinance Issues Local Sukuk 💰

by Salma Arafa
November 23, 2023

Website

Community

Blog

Learn

© Thndr. All rights reserved

No Result
View All Result
  • Egypt
  • Saudi
  • Thinkers
  • العربية

Disclaimer: Thndr does not provide investment advice, individual investors are responsible for their own decisions or can seek independent advice. The value of investments can go up and down. Thndr is a trading name of Thndr Securities Brokerage which is authorised and regulated by the Financial Regulatory Authority (FRA). Registered in Egypt (no. 804)..© Thndr. All rights reserved

 

Hello👋 We want you to be able to express your opinions on anything and everything finance and economics related to the Egyptian and US markets.

This is why we introduced Thndr Thinkers💭

Let’s go through some housekeeping notes before you jump into publishing your article to all Thndr Claps readers!

Type of Content📝 We want to see market-relevant content that shows good analysis, please! Base your articles on facts 

Don’t be shy, explain🗣 Flex your knowledge to us, and we’ll share it with all the readers!

Be Original🙏 Please don’t copy. No one likes a copycat. All submissions are welcome as long as they’re yours 

Make your title attractive🤩 A title is like the cover of your book. Attractive enough to make you look at the book but also clear enough to tell you what the book is about.

Clean🧹 We’re all humans and we all make mistakes. But please try and clean up the article so it’s clear for all the readers 

No promotional content🚫 We don’t publish promotional content.

Any questions about becoming a Thndr Thinker? Email thndrclaps@thndr.app and we’d be happy to help!

Normally, your article will be published within 24 hours of submission (if you followed the guidelines)