Fundbot
Shaping the Future of Finance
United Arab Emirates · Founded 2020 · $1.5M raised
- Founded
- 2020
- Business Model
- B2B
- Website
- fundbot.co
- Total Funding
- $1.5M
- Last Round
- $1.5M SeedDec 2023
- Rounds
- 1
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
About
Fundbot is a UAE-based fintech company established in 2020 with a singular mission to revolutionize the landscape of finance by facilitating digital supply chain and embedded financing solutions. The company helps financial institutions offer embedded supply chain financing directly to SMEs, removing the usual paperwork and manual processes associated with traditional corporate lending. Fundbot's platform automates corporate lending and payment flows between banks, buyers, and sellers, supporting all industries and rolled out initially in the UAE and broader Middle East market. The solution is designed to be user-friendly even for those with limited digital literacy, available in multiple languages, and specifically targets underbanked communities to expand access to financial services. Fundbot raised a $1.5 million seed round in 2023 and subsequently partnered with Mastercard to encourage B2B payment flows.
Summary
Fundbot is a Fintech company based in United Arab Emirates, founded in 2020. It has raised $1.5M in total across 1 round, most recently a $1.5M Seed round in Dec 2023. Investors include Hambro Perks Limited, Aditum and Flat6Labs.
Tech & App Stack
2 technologies & apps tracked
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Funding History
Dec 2023
Investors
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