Pre-Seed Round
Funding Details
AtharFinance is a pioneering startup that leverages AI-driven decentralized finance (DeFi) protocols to provide innovative financial services, including crypto-backed cards, loans, and lending solutions. The platform aims to empower both merchants and individuals with seamless crypto transactions and flexible credit solutions. The recent pre-seed funding round raised $2 million, which will be utilized to enhance product development, expand market reach, and onboard key industry talent. The funding will also support marketing initiatives to increase brand awareness and user adoption. Notably, the round was led by prominent investor Hatem Dowidar, CEO of Etisalat, highlighting the confidence in AtharFinance's vision and potential. The startup aims to revolutionize the financial landscape by integrating advanced AI technologies with DeFi, making financial services more accessible and efficient for users worldwide.
Valuation
- Post-money: $2000000.0M
Confidence Score
Participating Investors
No investors recorded for this funding round.
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