Wamda participates in Ziinaâs seed round
Faisal Toukan, Sarah Toukan and Andrew Gold, co-founders of Ziina
Wamda has invested in UAE-based peer-to-peer (P2P) payment application Ziina’s seed funding round, which was led by the Oman Technology Fund (OTF)-backed Jasoor Ventures. Other investors who participated in this round include Class 5 Global, Long Journey Ventures, Graph Ventures, Jabbar Internet Group and FJ Labs.
Founded in 2020 by Faisal Toukan, Sarah Toukan and Andrew Gold, Ziina offers its users in the UAE simplified P2P payment services. The startup intends to increase its product offering to serve freelancers and small businesses, grow its team, expand its footprint going into 2021, with plans to expand to Saudi Arabia and Jordan by 2022.
Ziina, the UAE’s first social Peer-to-Peer (P2P) payment application, officially announces that it is participating in Y-Combinator (YC)’s Winter 2021 batch.