Aion Digital raises $5 million bridge round led by Fintactics Ventures

  • Date: 09-Feb-2023
  • Source: Wamda
  • Sector:Technology
  • Country:Bahrain
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Aion Digital raises $5 million bridge round led by Fintactics Ventures

Press release 

Aion Digital has raised USD 5 million in a bridge funding round led by Fintactics Ventures, a fintech-focused Venture Builder backed by a $40 million venture capital fund.

The announcement took place at LEAP 2023, a four-day technology convention held in Riyadh. The growth capital is to accelerate the technology transfer of digital banking infrastructure to Saudi Arabia.