Riyadh – Sharikat Mubasher: Core Vision Investment announced the closing of its $1.5 million investment round with Krti Investment in Silicon Valley, San Francisco, led by Core Vision Investment as part of the Financial Technology Investment Program organized by The Financial Academy.
This step comes as part of Krti’s preparations to launch its digital app in Kuwait and Saudi Arabia. Krti aims to provide fintech solutions that add value to customers through a unique and distinguished loyalty program, allowing users to maximize the benefits of all their bank cards, as per a recent press release.
In this regard, Abdulrahman Al-Hammadi, CEO of Krti, stated: “The closing of this investment round marks a significant step toward achieving our goals of offering pioneering fintech solutions. We believe that the Krti app will bring a significant shift in the customer experience, enabling them to make the most of their bank cards.”
Meanwhile, Faisal Al-Abdulsalam, CEO of Core Vision, commented: “Our investment in Krti reflects our commitment to supporting startups that offer innovative technological solutions to enhance consumer experiences. We are excited to support Krti in its journey toward growth and expanding its services in the region.”
This collaboration between Core Vision and Krti represents a step towards fostering innovation in the fintech sector in the region, contributing to the improvement of digital financial services and the support of startups.
