Saudi Venture Capital invests $5m in VentureSouq FinTech fund
Saudi Venture Capital announced its investment of $5 million in a FinTech fund managed by VentureSouq (VSQ). The fund will mainly back early-stage FinTech startups. Nabeel Koshak, CEO and Board Member at SVC, said, “The investment in the FinTech fund by VSQ is part of SVC’s Investment in Funds Program…
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