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Fundbot is a France-based financial technology company that develops an automated embedded supply chain finance platform to facilitate corporate lending and B2B payments. The software infrastructure enables commercial banks, financial institutions, and B2B marketplaces to rapidly deploy credit products and address delayed payment issues for small and medium-sized enterprises. The company targets a regional market of 19 million SMEs facing an estimated $250 billion cash flow gap across the Middle East and North Africa, with initial operations focused on the United Arab Emirates and Saudi Arabia. To support this geographic expansion and further product development, the enterprise raised $1.5 million in seed funding from a syndicate of institutional investors including Hambro Perks Oryx Fund, Flat6Labs, Middle East Venture Partners, and Aditum Investment Management Limited. Fundbot was originally founded in 2020 by entrepreneur Karl Abou Zeid.
Fundbot has raised $1.5M across 1 funding round.
Fundbot has raised $1.5M in total across 1 funding round.
Fundbot has raised $1.5M across 1 funding round. Most recently, it raised $1.5M Seed in December 2023.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Dec 14, 2023 | $1.5M Seed | Syrine BEN Mansour | Aditum Investment Management, Ryaan Sharif, Middle East Venture Partners, Plus VC | Announced |
Fundbot has raised $1.5M in total across 1 funding round.
Fundbot's investors include Syrine Ben Mansour, Aditum Investment Management, Ryaan Sharif, Middle East Venture Partners, Plus VC.
