‘Startup secures M in seed funding’

A Geneva-based fintech company, nsave, has successfully raised million in seed funding. The funding round was led by Sequoia Capital and TQ Ventures, with participation from Y Combinator, SV Angel, ACE Ventures, and FONGIT.

The company plans to utilize the funds to expand its operations and further enhance its infrastructure. nsave, co-founded by Abdallah AbuHashem and Amer Baroudi, offers trusted accounts to individuals from countries experiencing high inflation rates, aiming to safeguard their money.

With this latest injection of capital, nsave is poised to make significant strides in its mission to provide financial security to those in need.