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  2. Oman’s Fascano successfully closes its second investment round

Oman’s Fascano successfully closes its second investment round

GHADA.ISMAIL
Nov 28, 2024
The fresh capital will fuel company's expansion in providing innovative technical solutions through various sectors

Muscat – Sharikat Mubasher: Omani app Fascano, which allows food and beverage merchants to create customized digital menus on its platform, expressed excitement to be able to gain the trust of the Oman Future Fund and successfully closing its second investment round through the cooperation between the Oman Investment Authority and Cyfr Capital.

This investment came to support the company's expansion in providing innovative technical solutions in the hospitality, food, and beverage sectors through the platform’s digital solutions provided to a wide array of customers from hotels, restaurants, and other various activities in these sectors, according to the company’s statement on social media.

Founded in 2019, Fascano - or “fast, scan, order”, is an app that allows food and beverage merchants to create customized digital menus through QR code and customers can place their orders and pay from their phones. For merchants, the app provides smart solutions for order tracking, kitchen insights, and business management.

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