Ebana, a fintech startup based in Saudi Arabia, raised $2.66 million in a pre-Series A funding round headed by Business Governance and Esnad Legal Consulting.
Established in 2020, this information technology startup seeks to transform corporate governance.
Additionally, Ebana offers technical infrastructure and integrated digital services to assist with corporate governance matters. The business is currently expanding in the digital sphere and enhancing its offerings throughout the kingdom.
Ebana will be able to launch a wider range of fintech products and enhance its investor relations management tools thanks to the funding. This entails improving its digital governance solutions and providing both public and private companies with employee stock ownership programs.
In Saudi Arabia’s changing digital landscape, the startup is now prepared to play a significant role. It will improve transparency and allow businesses to streamline their governance.
Instead of using traditional governance techniques, businesses are now adopting a more contemporary, efficient strategy that guarantees compliance while saving time. With this funding, Ebana can expand its solutions and increase their impact more quickly.
The startup is steadfast in its mission to simplify, open up, and make corporate governance more accessible to all companies as it expands. The future of governance in the area will be greatly influenced by Ebana’s digital solutions, particularly if investors continue to support them.
