• Partners
  • Privacy Policy
  • About us
  • Contact us
Sunday, June 1, 2025
  • Login
Digital Boom
  • News
  • Startups
  • Marketing
  • Ad Campaigns
  • Tech
  • How-to Guides
  • Insights
  • Culture & Media
No Result
View All Result
  • News
  • Startups
  • Marketing
  • Ad Campaigns
  • Tech
  • How-to Guides
  • Insights
  • Culture & Media
No Result
View All Result
Digital Boom
No Result
View All Result
Home News & Trends

UAE-based financial literacy platform Verity secures $800K

Dalia Khirfan by Dalia Khirfan
November 15, 2021
in News & Trends
Reading Time: 1 min read
10
A A
UAE-based financial literacy platform Verity secures $800K

Omar Al Sharif, Dina Shoman, and Kamal Al Samarrai

350
VIEWS

UAE-based financial literacy platform Verity has secured $800,000 in pre-seed round. Gearing for the launch of its family banking and financial literacy app in the Middle East.

VentureSouq, Wamda, and Beyond Capital led the round. In addition to contributions from prominent angel investors.

The Verity app is expected to be launched in the UAE before the end of the 2021. It enables kids and teens to learn how to earn, save, give, and spend money properly in a safe and secure environment.

The platform combines a reward system which is a personalized prepaid debit card, with a familial connectivity; in order to make learning about personal finance both fun and experiential.

Through subscription-based family plans, parents can create sub-accounts for their children, which they can monitor and control as primary account holders.

Omar Al Sharif, Co-Founder of Verity commented: “When Dina, Kamal and I came together to form Verity, our mission was very clear from day one – to make the next generation more financially conscious and financially independent. Verity is built in the region and for the region, so it was important for us to create an app that encompassed our Middle Eastern culture and values, in addition to global citizenship.”

Previous Post

How to Write VP Strategic Growth Job Description?

Next Post

Jordan’s EdTech Startup ‘Abwaab’ Secures $20M in Series A

Dalia Khirfan

Dalia Khirfan

Dalia Khirfan is a tech and media writer based in Amman, Jordan, with a sharp focus on social media trends, digital platforms, and emerging technologies. At SOS Children’s Villages Jordan, she leads digital marketing and fundraising efforts, blending strategy with storytelling to drive real-world impact. Known for her passion for Apple products and a deep understanding of digital culture, Dalia brings clarity and energy to everything she covers. Whether analyzing algorithm shifts or spotlighting new digital tools, she connects the dots between tech, people, and purpose.

Uber Launches Uber One in Egypt to Strengthen Customer Loyalty
Tech

Uber Launches Uber One in Egypt to Strengthen Customer Loyalty

by Ahmed Maher
May 27, 2025
500

Uber has officially launched its global subscription program, Uber One, in Egypt, offering ride-hailing users exclusive benefits such as ride...

Read moreDetails
Builder.ai Ceases Operations After $1.3 Billion Valuation Collapse

Builder.ai Shuts Down After Layoffs and Investor Pullout

May 28, 2025
734
How to Become LLM-Ready in 2025: A Guide for Publishers

Publishing for Machines: The 2025 Guide to LLM-Ready Content

May 26, 2025
442
Thndr Raises $15.7M to Expand into Wealth Management in MENA

Thndr Raises $15.7M to Expand into Wealth Management in MENA

May 26, 2025
439
Twitter History: Key Moments and Evolution from 2006 to Now

The History of Twitter: Key Milestones and Major Changes

May 23, 2025
471
  • Partners
  • Privacy Policy
  • About us
  • Contact us

© 2025 Digital Boom, Inc. - All Copyrights Reserved. The Middle Easy Marketing & Advertising Homepage.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • News
  • Startups
  • Marketing
  • Ad Campaigns
  • Tech
  • How-to Guides
  • Insights
  • Culture & Media

© 2025 Digital Boom, Inc. - All Copyrights Reserved. The Middle Easy Marketing & Advertising Homepage.