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InvestSky Raises USD 4M to Expand Social Trading Platform into Saudi

InvestSky Raises USD 4M to Expand Social Trading Platform into Saudi
  • InvestSky raised USD 4M in seed funding from regional investors to scale its social trading platform and expand market access.
  • Founded in 2021, the platform enables retail investors to access Saudi and U.S. equities through social insights and simplified tools.
  • The company entered Saudi after CMA sandbox approval, partnering with anb Capital to deliver regulated, localized social investing services.

InvestSky

 InvestSky, a social trading platform, raised  USD 4 million in a seed round funding round. The round was  backed by Emkan Capital, Run Ventures, S3 Ventures (by Joa Capital), Al-Romaizan Family Office, and other prominent regional investors.

Looking ahead, with the new capital, it aims to broaden market access. It aims to enhance the investing experience for underserved retail investors across the region.

Founded in 2021 by Nitish Mittal and Turki Alshaikh, InvestSky is  a social trading platform. It aims to make investing accessible, affordable, and social.  The platform gives retail investors access to both Saudi and US stock markets. It also provides real-time community insights and tools designed to simplify the investing experience.

Social Trading

The social trading platform also announced its official expansion into the Saudi market. This follows the approval of its Financial Technology Experimental Permit from the Capital Market Authority (CMA). The move is supported by its regional growth strategy and a partnership with anb Capital.

This expansion will enable it to offer social trading services tailored to the Saudi market. Through its partnership with anb Capital,  the platform combines intuitive, social-first investing with robust regulatory infrastructure. This seeks to give Saudi-based investors seamless access to both U.S. and local equities in a cost-efficient and regulated environment.

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