SME-focused Gainz raises 7 figures: Abu Dhabi-based fintech startup Gainz has raised a seven-figure USD pre-seed funding round led by Antler MENAP, Lithium Holdings, and Eleventh Invest, alongside regional high-net-worth investors, according to a press release. The funding came through a mix of equity and debt, and comes as Gainz plans to scale its presence across the GCC.
About Gainz: Founded in 2024 by Egyptian entrepreneurs Shehab Mokhtar (LinkedIn) and Sherif Abdelaty (LinkedIn), Gainz aims to boost financing for SMEs by offering Shariah-compliant, AI-powered working capital solutions through a crowdfunding model that lets retail investors participate with as little as USD 500. It joined venture capital firm Antler’s cohort in 2024.