Home Startup Saudi Fintech Qannas Concludes Undisclosed Pre-Seed Round

Saudi Fintech Qannas Concludes Undisclosed Pre-Seed Round

Qannas has attracted over 8,000 clients, marking a 230% year-on-year (YoY) surge in its client base.

By Inc.Arabia Staff
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Saudi fintech Qannas has wrapped up an undisclosed pre-seed investment round led by Core Vision, with additional participation from angel investors, according to an announcement.[1]

Qannas was established in 2022 by Basil Al-Bahri.

The application is designed to seamlessly integrate with the Unified National Platform, ensuring precise verification of investor data during the registration process.

Verification methods include SMS authentication, manual uploading of account statements, or direct linkage to the unified national system.

Qannas has attracted over 8,000 clients, marking a 230% year-on-year (YoY) surge in its client base.

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