News and developments
Matouk Bassiouny UAE advises Synapse Analytics on its funding round securing USD 2 million
We are pleased to announce that Matouk Bassiouny UAE (“MB UAE”) acted as the lead transactional legal counsel to Synapse Analytics in connection with securing USD 2 million from its funding round and handling all matters concerning its legal efficacy, negotiation, and closing. The investment round was led by venture capital firms; Silicon Badia and Hub 71.
Synapse Analytics seeks to address the socioeconomic challenge of financial inclusion and access, by providing intricate and cutting-edge AI software to enhance financial decisions such as credit scoring, cross-selling, and dynamic pricing, among other ancillary activities.
The MB UAE team advising on the matter was led by Mohamed Essam (Partner and Head of Fintech & Emerging Companies and Venture Capital) and Moustafa Rizk (Associate).
For more about Matouk Bassiouny, check out our website at https://matoukbassiouny.com/.
For any assistance on venture capital fundraising, please feel free to contact [email protected]