SMEs Tailored Fintech Fortis Announces Raise of $20 Million Series A Fund
Fortis, a retail tech and fintech solutions provider specializing in SMEs, announced the successful closure of its Series A funding round, securing $20 million in investment led by Opportunity Venture (Asia).
Leveraging a decade of expertise, Fortis equips entrepreneurs with tools to effortlessly oversee both offline and online transactions, optimize orders, introduce tailored loyalty programs, and effectively manage their operations.
With its recent expansion into the UAE market, Fortis is dedicated to aiding local businesses in revenue generation by facilitating seamless connections between merchants and customers.
Speaking on the funds raised, Fortis Digital Solutions CEO and Founder Alberto Caruso said,
“We are thrilled to have secured this significant investment, which will enable us to accelerate our growth and deliver even greater value to businesses in the MENA region. We are committed to leveraging this funding to develop progressive solutions and provide unparalleled support to our clients as they navigate the rapidly evolving retail and fintech landscape.”
This infusion of capital will accelerate Fortis’ mission to overhaul the retail tech and fintech ecosystems throughout the Middle East and North Africa, setting a new standard for SME efficiency across the region.
About The Author
