TeamSec, an Istanbul, Turkey-based AI-driven securitization platform provider, has secured $7.6 million in funding.
Investors
The investment was from Qatar’s Rasmal Ventures and Deniz Ventures, the corporate venture capital arm of Emirates NBD Group.
Rasmal Ventures is the first independent VC fund established in Qatar, with a regional presence. The firm invests in technology-focused seed and early-stage startups across the MENA region.
Deniz Ventures is the corporate venture capital fund of DenizBank, established under the Emirates NBD Innovation Fund. The fund focuses on seed and pre-seed investments in financial services, trading platforms, and credit industries, primarily in Istanbul, Turkey.
TeamSec Use of Funds
The funding will support TeamSec's expansion in the MENA region and enhance its Securitization-as-a-Service platform.
About TeamSec
TeamSec is a cloud-based Securitization as a Service fintech and regtech company that offers an AI-powered securitization platform. Utilizing AI and data analytics, its solutions are designed to empower financial institutions in their securitization journey. Founded in 2022, the company serves financial institutions such as banks, investment banks, and brokerage houses.
Funding Details
Company: TeamSec
Raised: $7.6M
Round: Unknown
Funding Date: January 2025
Investors: Rasmal Ventures, Deniz Ventures
Company Website: https://teamsecfin.com/
Software Category: AI Securitization
Source: https://techmgzn.com/qatars-rasmal-and-deniz-ventures-back-teamsec-with-7-6m-investment/