Rise

Active

Financial services platform for migrants: no-minimum-balance bank accounts, insurance, buy-now-pay-later and cross-border credit

Dubai, UAEFounded 2016

Fintech

Unknown

Website LinkedIn

Dubai fintech (Go Rise DMCC) building financial services for modest-income migrants in the GCC: no-minimum-balance bank accounts with United Arab Bank, free life insurance with AXA Gulf, buy-now-pay-later with Carrefour and cross-border pay-later for overseas Pakistanis, onboarded through a Facebook Messenger chatbot. Its card-sharing app Xare, launched January 2021, was later spun off as a separate company.

Founders

Padmini Gupta

Co-Founder & CEO

Milind Singh

Co-Founder & Chief Product Officer

Mandeep Singh

Co-Founder & CTO

Funding Rounds

UndisclosedMar 2020

$1.4M

Lead: Middle East Venture Partners (MEVP)

Investors: Middle East Venture Partners (MEVP), DIFC FinTech Fund, 500 Startups, Khwarizmi Ventures, Phoenician Funds

Investors: Middle East Venture Partners (MEVP), DIFC FinTech Fund, 500 Startups, Khwarizmi Ventures, Phoenician Funds.

Something here wrong?

Every figure on this page is meant to have a source behind it. If one doesn't match reality, tell us and we'll fix it.