TeamSec, a Dubai, UAE-based supplier of a SaaS based mostly, AI-powered securitization platform for the structured finance trade by means of its progressive Securitization-as-a-Service platform, raised USD7.6m in funding.
Backers included Deniz Ventures, the enterprise capital fund of DenizBank, established below the Emirates NBD Innovation Fund—the Company Enterprise Capital arm of Emirates NBD Group—and Rasmal Ventures, a Doha, Qatar-based enterprise capital agency.
The corporate intends to make use of the funds to speed up its progress operations, specializing in fast enlargement within the Center East and North Africa (MENA) area, to diversify its product and repair portfolio and improve present service choices.
Led by Esad Erkam Köroğlu, Founder and CEO, TeamSec is an AI-powered securitization platform, providing end-to-end securitization companies to each monetary and non-financial establishments, offering capital optimization and dealing capital options. Its companies embrace credit score securitization for monetary establishments, bill receivable securitization for corporates, and commerce finance for worldwide commerce firms.
FinSMEs
31/01/2025
