Swiss fintech start-up backed by Dubai is valued at $1bln | ZAWYA MENA Edition:
Swiss financial technology company, Numbrs, backed by the Investment Corporation of Dubai and Josef Ackermann, has taken its value to $1 billion by raising further funding.
Numbrs, available as an app, helps users to manage their existing bank accounts, credit card information, and conduct mobile banking along with personal financial planning.
The Zurich-based fintech start-up raised an additional €36 million ($40 million), bringing the total amount raised to over €200 million ($222.1 million) and its valuation to over $1 billion, making it Europe’s newest unicorn, Bloomberg reported.
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