Riyadh – Mubasher: Saudi startup Oumla has raised a $2.40 million seed round led by Core Vision, with participation from Avalanche and angel investors, according to a press release.
The funds will be used to expand the company’s team and reinforce partnerships with regulators, banks, and government entities in Saudi Arabia and the wider region.
Founded in 2022 by Mohammed Al Jasser and Salah Al Salman, Oumla specializes in digital asset infrastructure and provides management solutions for digital assets to corporates, banks, and government entities.
It enables blockchain network connectivity, offering a platform for the tokenization of financial and real estate assets.
