Riyadh - Sharikat Mubasher: Falak Angles Network announced its investment in the Saudi-based fintech startup, Blomal Capital, as part of a pre-seed funding round.

According to a recent statement by Falak Investment Hub, this undisclosed investment reflects the network’s commitment to fostering early-stage fintech startups, enabling access to high-quality investment solutions, and strengthening digital investment infrastructure in Saudi Arabia and the wider region.

Founded in 2022 by Abdulaziz Baraqabah, Munthir Alrehaili, Abdulrahman Akram, and Bilal Abduljawad, Blomal Capital is an investment distribution platform that offers investors access to a wide range of opportunities in both public and private funds.

It was designed to simplify the investment process, allowing investors to easily subscribe to actively managed funds by professional managers, while ensuring transparency and efficiency.