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Vrtx
Saudi Arabia · Fintech · Enterprise software
Saudi embedded-finance platform helping businesses add wallets, payouts and card services to their products.
Product
Vrtx builds infrastructure for companies that want to offer financial features inside their existing products. Its platform brings together wallets, payouts, card issuance, transfers and transaction processing through a developer integration.
The Riyadh company was founded by Mishal Bin Slimah and Omar Shaaban, who previously worked together at Tweeq. It has received in-principle approval from the Saudi Central Bank for an electronic money institution licence as it develops its services.
Funding history
1 round · 1 with disclosed amounts| Announced | Round | Amount | Investors |
|---|---|---|---|
| Pre-seed | $3.6M | BYLD — ParticipantF6 Ventures — ParticipantPalm Ventures — ParticipantSadu Capital — ParticipantSC Ventures — ParticipantSuhail Ventures — ParticipantTAZ Investment — Participant |