UAE’s Cashee raises $3 million to fund expansion into Saudi Arabia – The National

UAE’s Cashee raises $3 million to fund expansion into Saudi Arabia – The National

Cashee, a UAE-based digital banking platform for teenagers in the Mena region, has raised $3 million in a series A funding round led by Arab National Bank and ANB Capital.

The strategic agreement with Riyadh-based lender ANB will pave the way for Cashee to expand in Saudi Arabia, the company said on Sunday.

“Closing our series A funding represents a significant and important milestone for Cashee,” said Brad Whitfield, co-founder of Cashee.