Riyadh – Sharikat Mubasher: Saudi fintech company Ebana announced the closure of its Pre-Series A funding round, raising SAR 10 million (USD 2.66 million), with major participation from Isnad Legal Consulting.
The funding round will enable the company to expand its operations by developing tools for managing investor relations, as well as offering a suite of financial technology products and services tailored to corporate needs, as per a recent press release.
Ebana specializes in providing integrated digital solutions and technical infrastructure to support corporate governance processes. Its services include managing general assemblies, boards of directors, and committees through a comprehensive digital platform.
The platform covers everything from sending invitations and drafting agenda items to voting, generating reports, and creating instant minutes of meetings, all designed to meet regulatory requirements and enhance administrative efficiency for companies.
This milestone marks a significant step in broadening its services in digital governance solutions, including employee stock ownership plans (ESOPs) for both listed and private companies.