Dubai - Sharikat Mubasher: Lune Technologies, a leading financial data analytics company in the UAE, secured $1.5 million in a seed round with participation from Dubai Future District Fund (DFDF), Plus Venture Capital, Reach International, Judah Ventures, along with family offices and angel investors, the company announced in a press release.
This investment will accelerate Lune’s expansion plan in the Middle East and North Africa (MENA) and solidify its position as a leader in the data-driven financial solutions field.
Additionally, the funding will be dedicated to developing Lune’s innovative product suite to provide exceptional customer experiences, enhance operational efficiency, and gain a competitive edge.
Helal Lootah, Co-CEO and Co-founder of Lune Technologies, said: "This funding will propel our regional expansion, product development, and mission to revolutionize the financial services landscape. We are committed to providing our clients with the most advanced and secure data-driven solutions, while simultaneously promoting a sustainable financial future.”
Meanwhile, Amer Fatayer, Managing Director of the Investment Team at Dubai Future District Fund commented: “Lune’s solution is enabling traditional banks and fintechs to make data-driven decisions and increase personalized engagement with their end users.”
Lune aims to simplify financial data for leading MENA banks, financial institutions, and fintech companies, enabling businesses to drive revenue while delivering hyper-personalized experiences.
