TechFlow news — Digital bank YAP announced it has raised $41 million in funding, with participation from Aljazira Capital, Abu Dawood Group, Astra Group, and Audacia Capital. This round forms part of the company's Series A financing, and it plans to raise an additional $20 million by the end of the year.
YAP is the UAE’s first independent digital banking platform. It has already obtained an EMI (Electronic Money Institution) license in Pakistan, as well as PSP (Payment Service Provider) licenses in Ghana and Saudi Arabia.
Add to Favorites
Share to Social Media
