SAUDI ARABIA: MoneyMoon, a Shariah compliant P2P financing platform operating under the Saudi Central Bank’s regulatory sandbox, has raised US$2.9 million in a pre-Series A funding round led by Core Vision alongside family offices and angel investors. Founded in 2023, the platform uses a Murabahah-based structure to provide short-term financing and investment opportunities, and will use the funding to enhance technology and expand access to instant financing.
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