Economy

Saudi-based Nama Ventures leads a seed funding round for Bahraini startup Faceki

Follow-ups -eshrag News:

Mon, 2022-08-15 14:53

RIYADH: Saudi-based venture capital firm, Nama Ventures, led a seed funding round for an undisclosed amount for Bahrain-based award-winning fraud protection and identity verification platform, Faceki.

“We plan to expand our global footprint, and continue innovating and provide compliant, secure, and user-friendly identity verification solutions,” Hamza Al-Ghatam, co-founder and CEO of Faceki, said in a statement.

The round also saw participation from venture capital firm Vision Ventures along with other angel investors.

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