The Source Signals
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Yango Ventures backs UAE-based Fintech company Comfi AI in its first MENA investment
Yango Ventures has made its first MENA investment, backing Dubai embedded-finance startup Comfi AI in a Pre-Series A round, and the choice of a UAE fintech as its regional entry point says as much about where strategic capital expects emerging-market financial infrastructure to be built as it does about the company itself.
Andreessen Horowitz makes its first GCC bet with a $25M investment in Saudi fintech platform Stitch
a16z's first GCC investment backs Stitch, the Saudi-based infrastructure platform rebuilding the core systems that financial institutions need before AI can do anything useful.