Holo, a fintech company based in the UAE, has successfully raised $22 million in a Series A funding round aimed at expanding its digital mortgage platform throughout the Gulf Cooperation Council (GCC). The funding round was spearheaded by Saudi Arabia's Impact46, with notable participation from prominent investors including Mubadala Investment Company, Rua Growth Fund, anb seed, and MoreThan Capital. Additionally, returning investors such as Salica Oryx Fund and Dubai Future District Fund contributed to this significant financial milestone, which is touted as one of the largest in the region for a digital mortgage platform. Holo's innovative approach seeks to streamline the mortgage process, leveraging technology to enhance customer experience and accessibility in a rapidly evolving financial landscape.
Source: MENAbytes
