Krti Raises $1.5M from Core Vision Investment to Launch Fintech App

Krti Raises $1.5M from Core Vision Investment to Launch Fintech App

By Staff Writer, 07 October 2024
Logos of "CORE VISION INVESTMENTS" and "Krti" on a blue gradient background.

Core Vision Investment has successfully closed a $1.5 million funding round in partnership with Krti Holding. The investment, led by Core Vision, is part of a financial technology investment program organized by The Financial Academy. This marks a pivotal step in Krti’s plan to launch its fintech app in Kuwait and Saudi Arabia, offering innovative solutions in the sector.

Abdulrahman Al-Hammadi, CEO of Krti, highlighted the significance of this round, stating, "This funding milestone is crucial in realizing our goal of delivering leading fintech solutions. We are confident that the Krti app will transform how users benefit from their banking cards."

Faisal Abdulsalam, CEO of Core Vision, expressed enthusiasm for investing in Krti, saying, "Our investment in Krti reflects our commitment to supporting startups that provide innovative tech solutions to enhance consumer experiences. We are excited to back Krti in its journey of growth and expansion in the region."

The collaboration between Core Vision and Krti is set to drive innovation in the region's fintech space, improving digital financial services and supporting emerging startups.

Source: EntArabi

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