Madinah Angels closes investment into Kestrl, a UK-based, values-driven fintech helping Muslims and ethical consumers manage their money in accordance with their beliefs
Madinah Angels, an angel investment syndicate focused on high-growth technology opportunities at the intersection of Artificial Intelligence and key industries, today announced the closing of its fourth deal, an investment as part of the early stage funding round raised by Kestrl, a financial technology company focused on serving Muslim and values-led customers through ethical, faith-aligned, and digitally enabled financial services.
Financial terms of the round, including investment size, valuation, investor allocations, and closing mechanics, were not disclosed.
The Kestrl participation represents Madinah Angels’ fourth investment in its inaugural year, following investments into REG-1, Syngentix and UpScrolled. Together, the investments reflect Madinah Angels’ focus on backing companies that combine financial services expertise, technology depth, and relevance to underserved markets across the Global South and other key strategic markets.
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