AHLI FINTECH, the financial technology and innovation incubator, accelerator, venture-studio arm, and wholly-owned subsidiary of Jordan Ahli Bank, led the pre-seed investment in InvoiceQ with an investment of $190k.
InvoiceQ was among a select few startups that had participated in the first wave of the AHLI FINTECH Seed Accelerator program. AHLI FINTECH is doubling down on its investment with an additional $250k in InvoiceQ’s current seed-round, alongside other participating investors.
The InvoiceQ platform is designed to simplify, centralize, and enhance the entire invoice lifecycle. From issuance/receipt to collection/payment, the platform offers three standard subscriptions designed for freelancers and startups, SMEs, and large enterprises, as well as offering the option to customize the invoiceQ experience based on the modules and features the business may need.
“We believe in the tremendous benefits invoiceQ delivers to its users and the stakeholders in the ecosystem around it. Specifically, for the banking sector as a stakeholder, it enhances the abilities of Jordan Ahli Bank to extend credit facilities to finance buyers and sellers on the platform. That, in addition to the amazing technical expertise of the founding team, made the decision to invest in invoiceQ, and accelerate its growth, one that is aligned with our investment thesis,” Ghassan Muasher, CEO of Ahli Fintech, said.
The startup will utilize its newly acquired funds to further develop its proprietary technology and support its expansion efforts in the region.
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