{
  "id": 18090857,
  "title": "mamun Secures 3 Million Dollars to Scale Cross Border Trade Finance",
  "url": "https://urgent.news/2026/11/04/mamun-secures-3-million-dollars-to-scale-cross-border-trade-finance",
  "topic": "world",
  "section": "World",
  "published": "2026-11-04T07:58:09.000Z",
  "source": {
    "name": "Vietnam Investment Review",
    "slug": "vietnam-investment-review",
    "url": "https://vir.com.vn/mamun-secures-3-million-dollars-to-scale-cross-border-trade-finance-164384.html"
  },
  "original_language": "en",
  "account": "MAMUN, a Sharia-compliant platform specializing in trade finance capital infrastructure, has secured a US$3 million seed round to expand its operations. The investment, led by Phaze Ventures through its Oman Fund with participation from Jasoor Ventures, aims to scale MAMUN's AI-native underwriting and origination engine. The platform, founded by Saleh Al Tamami, Mohammed Al Tamami, and Ahmed Al-Issaei, addresses the global trade finance gap of US$2.5 trillion, with 41% of SME applications being rejected. MAMUN's unique positioning lies in its ability to assess companies and shipments, as well as contracts, buyers, and trade documents, facilitating cross-border transactions that span multiple regulators, banking systems, and legal regimes. The platform's growth is fueled by increasing exports from Oman, particularly re-exports through the UAE, and a growing need for cross-border financing in the Greater Bay Area-Oman-UAE corridor. The US$3 million funding will enable MAMUN to expand its operations and better serve the growing demand for trade finance along this critical trade route.",
  "summary": "Fintech platform mamun raised 3 million US dollars in seed funding to expand capital infrastructure along trade corridors linking Hong Kong Oman and Abu Dhabi",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}