Tuesday, June 18, 2024
ReportArcapita invests in fintech companies

Arcapita invests in fintech companies

Islamic investment firm Arcapita Group Holdings has invested in five fintech companies through its new fintech-focused portfolio.

The ARC Fintech Portfolio comprises five fintech firms operating in the US, the UK, the EU, Brazil and the Nordic region which have demonstrated double-digit growth rates over the past three years, bringing their aggregate value to over US$4 billion, according to Arcapita, which holds a minority stake in all of the firms.

“The portfolio is built on Arcapita’s prudent approach of targeting companies that offer attractive risk-return profiles with differentiated value propositions, proven business models, growing client base and well-established product market fit. Given the growing demand for innovative fintech solutions, we believe that the sector carries significant growth prospect over the long-term,” Yousif Al Abdulla, Arcapita’s MENA investment managing director, shared.


Please enter your comment!
Please enter your name here