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FinancialNews
13-02-18
Qatar: tech startup to receive USD3.5m from Lulu Exchange Holdings
(MENAFN) Lulu Exchange Holdings is to support ARKIN Technologies LTD as it confirmed an investment of $3.5 million to the tech startup.
A set of financial products and service is designed to be provided from Lulu Exchange Holdings to the startup's cloud-banking, as it pushes for financial services to enter the digital world.
Lulu Exchange Holdings' Managing Director Adeeb Ahamed declared "we are excited to announce this partnership with ARKIN Technologies LTD."
He noted "we do not want to be seen as just investors putting in capital, but as partners with promising startups like ARKIN sharing our expertise and leveraging on mutual strengths to offer customers simple and smart digital financial solutions."
MENAFN1302201800450000ID1096458759
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