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Kuwait’s Krti raised $1.5 M Pre-seed funding

Krti, a fintech company based in Kuwait, has declared the completion of its $1.5 million pre-seed investment round with Core Vision Investment (KSA) in San Francisco Silicon Valley, as part of the Financial Academy Financial Technology Investment Program.

The company is preparing to launch its online application in Kuwait and Saudi Arabia, and this step is part of that preparation.

With a special and distinctive loyalty program that enables users to get the most out of all of their bank cards, Krti seeks to provide innovative financial technology solutions that add value for customers.

Krti’s CEO, Abdulrahman Al Hammadi, said: “Closing the investment round is a pivotal step towards achieving our goals in providing leading technology solutions in the field of financial technology. We believe that the application of Krti will make a qualitative shift in the customer experience and enable them to make the most of their bank cards.”

Cor Vision CEO Faisal Al Abdulsalam commented on the round: “Our investment in Karti reflects our commitment to supporting startups that provide innovative technical solutions that enhance the consumer experience.

“We are excited to support Krti’s journey towards growth and expansion of its services in the region.”

 

 

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