> ## Content Index
> Fetch the complete content index at: https://www.techloy.com/llms.txt
> Use this file to discover other available public pages before exploring further.

# Saudi Arabia's VC firm Wa'ed leads a $50 million round for US fintech app Wahed
- URL: https://www.techloy.com/saudi-arabias-vc-firm-waed-leads-a-50-million-round-for-us-fintech-app-wahed/
- Published: 2022-06-17T09:19:34.000Z
- Updated: 2022-12-08T01:32:22.000Z
- Author: Oluwajuwonlo Afolabi
- Tags: / Money, Saudi Arabia, / Fintech

[Wa'ed,](https://www.waed.net/en/) Saudi Aramco Entrepreneurship Centre, a Saudi Arabia-based venture capital firm has led the Series B investment round for the US-based fintech app, Wahed. 

- The fund will support the fintech startup's expansion plans and efforts to launch an ethical neo-bank platform and improve its super app for users.
- Launched by Aramco in 2011, Wa'ed is an investment firm providing loan financing, venture capital investment, and incubation services to impact-making startups.
- French professional footballer and Manchester United midfielder, Paul Pogba, and his family offices and institutions invested in the round alongside Wa'ed.