Class 5 Global
Class 5 Global is a venture capital investment firm established in 2018 and headquartered in San Francisco, California. The firm focuses on investing in seed-stage, early-stage, and later-stage companies across a variety of sectors, including consumer products, consumer services, information technology, e-commerce, and software as a service. Class 5 Global aims to support emerging market entrepreneurs, seeking opportunities in regions such as Europe, the Americas, Asia, Africa, and the Middle East. Through its investments, the firm looks to foster innovation and growth in the technology-driven landscape.
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Past deals in Kuwait
Dapi
Seed Round in 2020
Dapi Ltd is a fintech company that specializes in developing an open banking application programming interface (API) designed to facilitate seamless payment transactions between consumer bank accounts and businesses. Established in 2019 and based in Abu Dhabi, United Arab Emirates, Dapi provides a suite of APIs that enable real-time access to customer bank accounts, payment initiation, and financial data retrieval. This functionality allows developers to create a variety of financial applications, including digital wallets and budget trackers, while also enabling fintech companies to offer services based on bank statement data. Operating in seven countries, including the United States, Saudi Arabia, Egypt, Pakistan, South Africa, and Kuwait, Dapi has experienced significant demand for its services, achieving notable growth in annual recurring revenue.
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