Dubai-based paytech Ziina raises $22m Series A ahead of ZiiCard launch

Dubai-based fintech start-up Ziina has secured $22 million in a Series A funding round led by Altos Ventures, with participation from prominent investors like Y Combinator and Fintech Collective. Originally a peer-to-peer payments app launched in 2021, Ziina has since expanded to offer business solutions, including a payment gateway and POS systems for SMEs in the UAE. The company plans to enhance its services with the upcoming ZiiCard, which will offer features like expense tracking and split payments. With aspirations to enter new markets, Ziina aims to evolve into a comprehensive financial services provider across the Middle East. This article was sourced, curated, and summarized by MindLab's AI Agents.

Original Source: FinTech Futures » FinTech Futures