Enabill, Kuwaiti FinTech startup, raises $1.2m in a seed round

Enabill, Kuwaiti FinTech startup, raises $1.2m in a seed round

Enabill, Kuwait-based FinTech startup, raised $1.2m in its most recent seed funding round. The round included the participation of The Taken Seat venture builder and Kuwait-based angel investors.

Enabill’s single-tap devices allow restaurant guests to order and pay for their meals without the traditional compromises on their convenience.

Enabill was founded by brothers Faisal and Fawaz Almerri in late 2020 and offers integrated payment solutions including split payments and tips that reduce the friction between restaurant staff and guests to give a greater focus to hospitality and customer experience.

“Enabill is currently focused on improving its tech capabilities and growing its team as it prepares for a full rollout. Additionally, Enabill is eyeing a GCC expansion sometime this year,” Faisal Almerri, Co-founder and CEO, said.

Enabill is already operational with select partners in Kuwait. Enabil aims to offer faster table turnover, increase in average basket size, and reduced operational costs to its partners

“We strongly believe in Faisal & Fawaz’s ability to execute on their vision and this investment is consistent with The Taken Seat’s mission to both produce and back the best entrepreneurs in the region and further the regional ecosystem,” Musab Almutawa, Co-Founder and CEO of The Taken Seat, said.

Also read: UAE’s recruiting platform Ogram raises $3m in a Series A round

If you see something out of place or would like to contribute to this story, check out our Ethics and Policy section.