Bahrain’s Daleel secures investment from Hambro Perks Spring Studios, Flat6Labs UAE

Bahrain’s Daleel secures investment from Hambro Perks Spring Studios, Flat6Labs UAE



Mubasher: Bahrain-based financial marketplace Daleel has secured investments from Hambro Perks Spring Studios, a venture builder backed by Al Waha Fund of Funds, and global investment firm Hambro Perks, as well as Flat6Labs UAE, MENA's seed and early-stage venture capital firm.

This investment round will facilitate Daleel's launch of significant financial partnerships, vital for its growth strategy, according to a press release.

Additionally, the investment will bolster Daleel's expansion efforts in Saudi Arabia and the UAE, accelerating its growth trajectory and facilitating the acquisition of an Open Banking license.

PK Shrivastava, CEO and co-founder of Daleel, stated: “We are ecstatic to have secured investment from credible investors like Hambro Perks Spring Studios and Flat6Labs. This investment is a testament to our potential and the faith that key players in the industry have in our vision.”

Zainab Khamis, the Head of HP Spring Studios, commented: “Our commitment to Daleel's success symbolizes our dedication to fostering positive change and development in the region's fintech landscape in Bahrain.”

Ryaan Sherif, General Manager of Flat6Labs UAE, said: "At Flat6Labs, our dedication to investing in FinTech companies that disrupt traditional paradigms is unwavering. This recent investment in Daleel exemplifies our belief in fostering innovation within the financial sector.”

Daleel focuses on