• Saudi Arabia-based fintech Ebana has secured $2.66 million in a pre-Series A funding round, led by Esnad Legal Consulting and Business Governance. 
• Founded in 2020 by Ali Alshareef, Ebana provides integrated digital services and technical infrastructure to support corporate governance affairs.
• The funding will enhance Ebana’s investor relations tools, expand its fintech solutions, and strengthen services for public and private enterprises.

Source: Waya

Saudi’s fintech startup, Ebana, secured $2.66 million in a pre-Series A funding round, led by Esnad Legal Consulting and Business Governance. 

The startup is an information technology company that was founded in 2020 and aims to revolutionise corporate governance. 

Ebana also provides integrated digital services and technical infrastructure to support corporate governance affairs. The company is now growing in the digital space and improving its services across the kingdom.

The funding will enable Ebana to expand its investor relations management tools and roll out a broader suite of fintech products. This includes enhancing its digital governance solutions and offering employee stock ownership programs to public and private companies.

The startup is now ready to be a key player in Saudi’s evolving digital landscape. It will enable companies to streamline their governance while improving transparency. 

Businesses are now avoiding traditional governance methods and following a modern, streamlined approach that saves time and ensures compliance. This funding allows Ebana to accelerate its impact and expand its solutions.

Throughout its growth journey, the startup remains committed to making corporate governance easier, more transparent, and accessible to all businesses. Ebana’s digital solutions will be pivotal in shaping the future of governance in the region, especially with continued investor support.