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Amwal - Pre-Seed
Overview Investors Founders Company Profile / Project Introduction
Overview
Funding Date
March 2, 2023
Financing amount
$2.5M
Valuation
--
Category
Subcategory
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
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | United Arab Emirates | 2017 | 4 | -- | ||
| Fund | Saudi Arabia | 2020 | 1 | -- |
Founders & Team
Mohamed Zaghoo
Reda Reda
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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