Synervest secures funding to boost cross-border financial infrastructure: Abu Dhabi-based fintech Synervest Group secured USD 4 mn in a Series A funding round led by Jura Investment Group, according to a press release. The round, which also saw participation from global venture capital firm CMT Digital, values the company at USD 60 mn — doubling its valuation from 12 months prior.
Where will the money go? The funds will support international expansion, institutional product development, and securing additional regulatory licensing.
About Synervest: Synervest Group is a fintech platform offering regulated cross-border trading, payments, and financial technology infrastructure for institutional clients, for both B2B and B2C models. It’s headquartered in ADGM and also operates in Europe and the Middle East, with offices in the UK and Cyprus.