ShopUp's parent platform secures $100m funding to fuel Saudi expansion
SILQ, the parent entity formed by the merger of South Asian tech giant ShopUp and Saudi Arabia’s B2B marketplace Sary, has secured US$100 million in financing facilities to expand its embedded financial platform, Fina. The funding round was backed by institutional investors Fasanara Capital, Gemcorp Capital, and Amwal Capital Partners. The newly raised capital will be deployed through... Details
We haven't written up this one. Dhaka Tribune Business has the full story — the link below goes straight to it.
