Matouk Bassiouny Represented Bokra On Pre-Seed Funding Round
The purpose is to revolutionize WealthTech in the Middle East and North Africa region
By: : Sara Ali
Update: 2024-07-05 03:00 GMT
Matouk Bassiouny Represented Bokra On Pre-Seed Funding Round
The purpose is to revolutionize WealthTech in the Middle East and North Africa region
Matouk Bassiouny UAE has represented Bokra as the lead transactional counsel to secure USD 4.6 million from its pre-seed funding round and handle negotiations and closing matters.
It involved prominent venture capital firms including DisrupTech Ventures, SS Capital and other investors.
Bokra aims to revolutionize WealthTech in the Middle East and North Africa (MENA) region by offering users a range of personalized and balanced financial investment planning across different asset classes, built on asset-backed securities.
The app determines the risk appetite, investment inclination, and monthly contribution amount by answering a comprehensive questionnaire to match them with a suitable portfolio containing a mix of instruments that align with their goals.
The Matouk Bassiouny’s team included partner and head of fintech & emerging companies and venture capital Mohamed Essam and Mahmoud Ezzat (junior associate).