Tech Company Financing Transactions
Wahed Funding Round
Private investors invested in a $5 million Seed funding round for Wahed. The financing round was announced on 6/7/2017.
Transaction Overview
Company Name
Announced On
6/7/2017
Transaction Type
Venture Equity
Amount
$5,000,000
Round
Seed
Investors
private investors (John Elkhair)
private investors (Khalid Al Jassim)
private investors (Nasr-Eddine Benaissa)
Proceeds Purpose
With the $5 million in funding, Wahed looks to scale up. There's a huge amount of products we can offer, from mortgages to debit cards, he said.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
12 E. 49th St. 11th Floor
New York, NY 10017
USA
New York, NY 10017
USA
Phone
Website
Email Address
Overview
Our mission is simple: to provide an efficient, reliable, and truly accessible Shari'ah compliant investment platform to investors across North America.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Junaid Wahedna
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Where The Data Comes From
Our team works diligently to report on tech company VC transactions. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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