Shorooq Partners

Founded in 2017 and based in Abu Dhabi, Shorooq Partners is a prominent investment firm specializing in venture capital and private credit across the Middle East and North Africa regions. With additional offices in Riyadh, Manama, Cairo, and Dubai, the firm focuses on investing in innovative technology companies, particularly in sectors such as fintech, gaming, climate, cleantech, and Web 3.0. Shorooq Partners emphasizes building partnerships with founders, supporting company development, and acting as value investors. The firm has established a strong portfolio, backing several market-leading disruptors including Pure Harvest Smart Farms and Tamara. Operating under a cohesive business name, Shorooq Partners comprises a group of affiliated companies, with its principal entity regulated by the Abu Dhabi Global Market Financial Services Regulatory Authority.

Tamer Azer

Partner

Kunal Savjani

Managing Partner

Shane (You Keun) Shin

Co-Founder and Managing Partner

Omer Zabit

Principal

Tina Daher

Principal

Nathan Kwon

Principal and Korea Lead

Past deals in Crowdfunding

NymCard

Series B in 2025
NymCard is a payment processing platform founded in 2016, with operations based in Abu Dhabi, United Arab Emirates, and a subsidiary in London, United Kingdom. The company focuses on providing a comprehensive online payments solution that enhances user experience, security, and data management. NymCard offers mobile wallet solutions, card issuance and processing, and cloud-based services, allowing financial institutions in Africa and the Middle East to issue innovative digital payment products. By leveraging open APIs and mobile SDKs, NymCard enables clients to provide plastic, virtual, or tokenized cards to users quickly and efficiently, facilitating access to the digital economy. The platform aims to streamline the account opening process and ensure secure online transactions, addressing the challenges of low payment card penetration in its target regions.

Lendo

Series B in 2023
Lendo is an alternative lending marketplace that helps digitally finance small and medium-sized enterprises (SMEs) in Saudi Arabia. Lendo was granted the first Crowdlending (debt financing) licensed in Saudi Arabia, and received the Excellence in Finance Leaders Award from FiNext Awards. Lendo’s products and solutions make everyday business activities easier, more secure, and more efficient for both investors and borrowers alike.

OneLoad

Series A in 2022
OneLoad is a fintech product developed by EP Systems, a subsidiary of Systems Limited, and is supported by funding from organizations such as the World Bank Group and the Bill & Melinda Gates Foundation. The company offers a digital wallet and payment platform aimed at enhancing financial inclusion and access to digital payments in Pakistan. By providing interoperability among various branchless banking services, OneLoad enables users, particularly those who are unbanked, to access a range of financial services through a single platform. This innovative approach seeks to streamline financial transactions and promote greater access to essential banking services for the mass market.

NymCard

Series A in 2022
NymCard is a payment processing platform founded in 2016, with operations based in Abu Dhabi, United Arab Emirates, and a subsidiary in London, United Kingdom. The company focuses on providing a comprehensive online payments solution that enhances user experience, security, and data management. NymCard offers mobile wallet solutions, card issuance and processing, and cloud-based services, allowing financial institutions in Africa and the Middle East to issue innovative digital payment products. By leveraging open APIs and mobile SDKs, NymCard enables clients to provide plastic, virtual, or tokenized cards to users quickly and efficiently, facilitating access to the digital economy. The platform aims to streamline the account opening process and ensure secure online transactions, addressing the challenges of low payment card penetration in its target regions.

Capiter

Convertible Note in 2022
Capiter is a B2B e-commerce marketplace based in Cairo, Egypt, that connects small businesses, wholesalers, and vendors on a unified platform. Founded in 2019, the company offers on-demand cash flow solutions, allowing suppliers to convert sales into immediate cash while minimizing collection and credit risks. Merchants can order products directly through the platform and access credit facilities, enhancing their purchasing power. Capiter employs advanced technology and machine learning to optimize the supply chain, ensuring efficient service delivery and accurate data management. This approach facilitates improved financial cycles and supports the growth of small businesses by providing flexible payment options and immediate vendor payments.

Capiter

Venture Round in 2022
Capiter is a B2B e-commerce marketplace based in Cairo, Egypt, that connects small businesses, wholesalers, and vendors on a unified platform. Founded in 2019, the company offers on-demand cash flow solutions, allowing suppliers to convert sales into immediate cash while minimizing collection and credit risks. Merchants can order products directly through the platform and access credit facilities, enhancing their purchasing power. Capiter employs advanced technology and machine learning to optimize the supply chain, ensuring efficient service delivery and accurate data management. This approach facilitates improved financial cycles and supports the growth of small businesses by providing flexible payment options and immediate vendor payments.

Lendo

Secondary Market in 2022
Lendo is an alternative lending marketplace that helps digitally finance small and medium-sized enterprises (SMEs) in Saudi Arabia. Lendo was granted the first Crowdlending (debt financing) licensed in Saudi Arabia, and received the Excellence in Finance Leaders Award from FiNext Awards. Lendo’s products and solutions make everyday business activities easier, more secure, and more efficient for both investors and borrowers alike.

NymCard

Series A in 2021
NymCard is a payment processing platform founded in 2016, with operations based in Abu Dhabi, United Arab Emirates, and a subsidiary in London, United Kingdom. The company focuses on providing a comprehensive online payments solution that enhances user experience, security, and data management. NymCard offers mobile wallet solutions, card issuance and processing, and cloud-based services, allowing financial institutions in Africa and the Middle East to issue innovative digital payment products. By leveraging open APIs and mobile SDKs, NymCard enables clients to provide plastic, virtual, or tokenized cards to users quickly and efficiently, facilitating access to the digital economy. The platform aims to streamline the account opening process and ensure secure online transactions, addressing the challenges of low payment card penetration in its target regions.

Capiter

Series A in 2021
Capiter is a B2B e-commerce marketplace based in Cairo, Egypt, that connects small businesses, wholesalers, and vendors on a unified platform. Founded in 2019, the company offers on-demand cash flow solutions, allowing suppliers to convert sales into immediate cash while minimizing collection and credit risks. Merchants can order products directly through the platform and access credit facilities, enhancing their purchasing power. Capiter employs advanced technology and machine learning to optimize the supply chain, ensuring efficient service delivery and accurate data management. This approach facilitates improved financial cycles and supports the growth of small businesses by providing flexible payment options and immediate vendor payments.

Capiter

Convertible Note in 2021
Capiter is a B2B e-commerce marketplace based in Cairo, Egypt, that connects small businesses, wholesalers, and vendors on a unified platform. Founded in 2019, the company offers on-demand cash flow solutions, allowing suppliers to convert sales into immediate cash while minimizing collection and credit risks. Merchants can order products directly through the platform and access credit facilities, enhancing their purchasing power. Capiter employs advanced technology and machine learning to optimize the supply chain, ensuring efficient service delivery and accurate data management. This approach facilitates improved financial cycles and supports the growth of small businesses by providing flexible payment options and immediate vendor payments.

Lendo

Series A in 2021
Lendo is an alternative lending marketplace that helps digitally finance small and medium-sized enterprises (SMEs) in Saudi Arabia. Lendo was granted the first Crowdlending (debt financing) licensed in Saudi Arabia, and received the Excellence in Finance Leaders Award from FiNext Awards. Lendo’s products and solutions make everyday business activities easier, more secure, and more efficient for both investors and borrowers alike.

NymCard

Series A in 2021
NymCard is a payment processing platform founded in 2016, with operations based in Abu Dhabi, United Arab Emirates, and a subsidiary in London, United Kingdom. The company focuses on providing a comprehensive online payments solution that enhances user experience, security, and data management. NymCard offers mobile wallet solutions, card issuance and processing, and cloud-based services, allowing financial institutions in Africa and the Middle East to issue innovative digital payment products. By leveraging open APIs and mobile SDKs, NymCard enables clients to provide plastic, virtual, or tokenized cards to users quickly and efficiently, facilitating access to the digital economy. The platform aims to streamline the account opening process and ensure secure online transactions, addressing the challenges of low payment card penetration in its target regions.

Capiter

Seed Round in 2020
Capiter is a B2B e-commerce marketplace based in Cairo, Egypt, that connects small businesses, wholesalers, and vendors on a unified platform. Founded in 2019, the company offers on-demand cash flow solutions, allowing suppliers to convert sales into immediate cash while minimizing collection and credit risks. Merchants can order products directly through the platform and access credit facilities, enhancing their purchasing power. Capiter employs advanced technology and machine learning to optimize the supply chain, ensuring efficient service delivery and accurate data management. This approach facilitates improved financial cycles and supports the growth of small businesses by providing flexible payment options and immediate vendor payments.

Capiter

Pre Seed Round in 2020
Capiter is a B2B e-commerce marketplace based in Cairo, Egypt, that connects small businesses, wholesalers, and vendors on a unified platform. Founded in 2019, the company offers on-demand cash flow solutions, allowing suppliers to convert sales into immediate cash while minimizing collection and credit risks. Merchants can order products directly through the platform and access credit facilities, enhancing their purchasing power. Capiter employs advanced technology and machine learning to optimize the supply chain, ensuring efficient service delivery and accurate data management. This approach facilitates improved financial cycles and supports the growth of small businesses by providing flexible payment options and immediate vendor payments.

Khazna

Seed Round in 2020
Khazna operates a mobile application platform designed to enhance financial services for Egyptians, particularly targeting the 50% of smartphone users who lack access to formal financial systems. The super app provides a range of services including General Purpose Credit, Buy Now Pay Later (BNPL), bill payments, savings, and insurance. It also facilitates cash advances for employees to address unforeseen emergencies and allows users to transfer and receive funds without incurring transaction fees. By focusing on digitizing cash transactions, Khazna aims to offer convenient, effective, and secure financial solutions, thereby improving financial inclusion in Egypt and potentially beyond.

NymCard

Seed Round in 2020
NymCard is a payment processing platform founded in 2016, with operations based in Abu Dhabi, United Arab Emirates, and a subsidiary in London, United Kingdom. The company focuses on providing a comprehensive online payments solution that enhances user experience, security, and data management. NymCard offers mobile wallet solutions, card issuance and processing, and cloud-based services, allowing financial institutions in Africa and the Middle East to issue innovative digital payment products. By leveraging open APIs and mobile SDKs, NymCard enables clients to provide plastic, virtual, or tokenized cards to users quickly and efficiently, facilitating access to the digital economy. The platform aims to streamline the account opening process and ensure secure online transactions, addressing the challenges of low payment card penetration in its target regions.

Impact Guru

Series A in 2019
Impact Guru is a fintech company offering a full stack crowdfunding solution that combines social,rewards and investment crowdfunding/ fundraising for individuals, nonprofits, social enterprises, or startups for all their fundraising needs - be it small or large. The company was incubated at Harvard Innovation Lab’s Venture Initiation Program in USA in 2014 and PACT at Impact Hub in Singapore in 2015. Impact Guru has offices in Mumbai, New Delhi, Singapore, Hong Kong, Jakarta, Kuala Lumpur, and San Francisco

Impact Guru

Series A in 2018
Impact Guru is a fintech company offering a full stack crowdfunding solution that combines social,rewards and investment crowdfunding/ fundraising for individuals, nonprofits, social enterprises, or startups for all their fundraising needs - be it small or large. The company was incubated at Harvard Innovation Lab’s Venture Initiation Program in USA in 2014 and PACT at Impact Hub in Singapore in 2015. Impact Guru has offices in Mumbai, New Delhi, Singapore, Hong Kong, Jakarta, Kuala Lumpur, and San Francisco

SmartCrowd

Seed Round in 2018
SmartCrowd is a real estate investment platform that facilitates access to the UAE real estate market through a user-friendly online portal, allowing investors to participate with a low minimum investment. By offering the ability to buy and sell fractional shares in properties, SmartCrowd reduces the barriers to entry for individuals looking to build their financial and real estate assets. This innovative approach enables investors to manage their portfolios similarly to stock investments, focusing on asset allocation without the complexities of purchasing and managing individual properties. As a result, investors can create a diversified property portfolio while minimizing risk and leveraging costs. SmartCrowd operates under the regulation of the Dubai Financial Services Authority, ensuring compliance and security for its users.

Impact Guru

Series A in 2018
Impact Guru is a fintech company offering a full stack crowdfunding solution that combines social,rewards and investment crowdfunding/ fundraising for individuals, nonprofits, social enterprises, or startups for all their fundraising needs - be it small or large. The company was incubated at Harvard Innovation Lab’s Venture Initiation Program in USA in 2014 and PACT at Impact Hub in Singapore in 2015. Impact Guru has offices in Mumbai, New Delhi, Singapore, Hong Kong, Jakarta, Kuala Lumpur, and San Francisco
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