Yal­la­com­pare raises $8m in new fund­ing round

Arabian Business English - - START UP -

The com­par­i­son site re­ceived the amount from a num­ber of VC part­ners in­clud­ing Wamda Cap­i­tal and STC Ven­tures.

The lead in­vestors in the fund­ing round also in­cluded Fin­Tech-focused in­vestor Argo Ven­tures, the early and growth-stage in­vest­ment arm of in­sur­ance car­rier Argo Group. The firm ex­pects to is­sue over $50m worth of in­sur­ance poli­cies in 2019.

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