Wahed has bounced back from the US Securities and Exchange Commission (SEC) charge in February (Shutterstock).

Islamic Finance

Wahed Inc. on course to secure $50 million Series B financing, preps digital banking platform


Islamic fintech firm is on course to secure financing through a consortium of investors to support its growth, which is expected to take its valuation to around $300 million.

 

London: New-York based Islamic fintech firm Wahed Inc. is on course to close $50 million in Series B financing with a consortium of investors to support its growth as well as the preparation of its digital banking platform in the UK.

 

Continue reading

Free, in under 30 seconds

Join thousands of professionals reading Salaam Gateway — the Global Islamic Economy Gateway.

Joined by 12,000+ Islamic economy professionals
  • 5 free articles every month
  • Weekly Islamic-economy newsletter
  • Save articles to read later

tags:

Islamic Banks
Islamic Finance
Fintech