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Resal Raises $9M in Funding

FinSMEs

Resal, a Jeddah, Saudi Arabia-based provider of an e-gifting platform, raised $9M in funding. Backers included Derayah Ventures Fund, Al-Wafrah AlThanya Investment Company, Venture Souq FinTech Fund, ADDiriyah Asset Management, Nomad Holdings, Bugshan Investment Group, and several family offices, along with other angel investors.

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