FinTech Amwal raised $2.5 million in Pre-SEED co-led by Shorooq Partners and Outliers Venture Capital

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FinTech Amwal raised $2.5 million in Pre-SEED co-led by Shorooq Partners and Outliers Venture Capital with angel investors.

Amwal aims to improve the way money is authenticated around the world. Amwal has created a cryptographic biometric checkout solution by abstracting device identity, fraud prevention, and payment tokenization into a single API. Amwal claims it is working to improve authentication and authorization for the $250 billion MENA payment market. Saudi payments has licenced Amwal biometric checkout (Saudi Central Bank).

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FinTech Amwal raised $2.5 million in Pre-SEED co-led by Shorooq Partners and Outliers Venture Capital

FinTech Amwal raised $2.5 million in Pre-SEED co-led by Shorooq Partners and Outliers Venture Capital with angel investors.

Amwal aims to improve the way money is authenticated around the world. Amwal has created a cryptographic biometric checkout solution by abstracting device identity, fraud prevention, and payment tokenization into a single API. Amwal claims it is working to improve authentication and authorization for the $250 billion MENA payment market. Saudi payments has licenced Amwal biometric checkout (Saudi Central Bank).

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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