Kuwait's fintech startup Enabill secures $1.2 million in seed round

Kuwait's fintech startup Enabill secures $1.2 million in seed round
Photo by Jonas Leupe / Unsplash

Enabill, a fintech startup in Kuwait has secured $1.2 million in its seed funding round from The Taken Seat Venture and angel investors in Kuwait.

  • The funds will help the startup to develop its tech team, increase its capabilities and expand in Gulf Cooperation Council (GCC) areas this year, it claims.
  • Launched in 2020, Enabill is a fintech platform offering payment solutions, spilt payments and tips to reduce friction between the hospitality industry and their guests.
  • It was founded by Faisal and Fawaz Almerri with a single tap service that allows customers to order consumables without the traditional banking system.