Dubai – Sharikat Mubasher: Deniz Ventures, the venture capital fund of DenizBank and part of the Emirates NBD Innovation Fund, announced its investment in TeamSec, a groundbreaking fintech startup specializing in AI-powered securitization technology.
Through its innovative Securitization-as-a-Service platform, TeamSec is transforming structured finance by digitizing and streamlining securitization processes, according to an official press release by NBD.
With a strong focus on accelerating digital transformation in the financial sector, TeamSec aims to create a more efficient and transparent ecosystem for investors and financial institutions. Leveraging AI and data analytics, the company delivers solutions that address critical challenges in securitization, enabling significant value creation. Deniz Ventures’ investment represents a strategic step in bridging technological gaps in the securitization industry by fostering collaboration with fintech startups.
Ahmed Al Qassim, Group Head of Wholesale Banking at Emirates NBD, emphasized the importance of this investment: "We recognize the immense potential securitization holds in supporting regional growth. Our recent strategic investment in TeamSec, a fintech innovator specializing in Securitization as a Service, underscores our commitment to shaping this market and enabling its growth. We are the first investor in TeamSec, supporting the founder and team in their growth journey at an early stage."
Highlighting TeamSec’s broader impact, NEOHUB CEO Gürhan Çam stated: "Digital transformation in the fintech sector is no longer a luxury but a necessity. As DenizBank and NEOHUB, we aim to address the technological gaps in the field of securitization by collaborating with startups through our investment in TeamSec. We recognize that TeamSec’s innovations in securitization have the potential to set new industry standards."
Neeraj Makin, Group Head of Strategy, Analytics, and Venture Capital at Emirates NBD, elaborated on the role of the Innovation Fund in driving such initiatives:"Emirates NBD’s Innovation Fund drives strategic investments in cutting-edge fintech startups like TeamSec, enabling us to deliver tailored solutions that align with our vision of being the most innovative bank for our customers. As the industry evolves, the fund ensures we stay ahead of disruptive trends while enhancing the digital experience for our clients."
Expressing his vision for the future, Esad Erkam Köroğlu, Founder and CEO of TeamSec, remarked: "This investment marks a significant milestone in TeamSec’s growth journey. With this support, we are poised to expand globally, bringing our products to new markets and making a substantial impact on the industry worldwide."
Deniz Ventures and Emirates NBD continue to champion innovation by investing in fintech startups that drive digital transformation. Following prior investments in high-growth companies such as Erguvan in 2023 and NewBridge Fintech Solutions, their support for TeamSec reflects a sustained commitment to shaping a tech-enabled, sustainable future for the financial sector.
