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      Amwal's Logo

      Amwal - Pre-Seed

      Overview Investors Founders Company Profile / Project Introduction

      Overview

      Funding Date

      March 2, 2023

      Financing amount

      $2.5M

      Valuation

      --

      Catagory

      Others

      About Amwal - Pre-Seed

      Fintech startup Amwal, based in the Middle East, has raised $2.5 million in a pre-seed funding round led by Shorooq Partners, Outliers Venture Capital, and several angel investors.

      Investors

      InvestorsTypeLocationYear Founded#Portfolio CompaniesEmail AddressSocials
      FundUnited Arab Emirates20174--
      FundSaudi Arabia20201--

      Founders & Team

      Mohamed Zaghoo's Logo

      Mohamed Zaghoo

      Reda Reda's Logo

      Reda Reda

      Sameh Galal's Logo

      Sameh Galal

      Company Profile / Project Introduction

      Amwal provides authentication-based payment solutions which combines identity-verification, fraud prevention and payment processing all through a single API. Amwal has made one of the first uses of this technology by creating a cryptographic biometric checkout solution that uses multi-device authentication tokens (FIDO-passkeys) for payments.

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      *Fundraising Announcement: Click here