Licorne Gulf Qatar Invests Innovation with Strategic Stake Acquisition in Spendwisor

ByEditor

November 26, 2023

Alexandre Katrangi, Irina Duisimbekova & Safarudheen Farook Qatar Financial Center Tech Circle Head Quarter Nov 2023

A Strategic Alliance Born from Visionary Thinking

The partnership between Licorne Gulf and Spendwisor was initiated against the backdrop of an investment symposium in Qatar that showcased the most promising financial sector innovations. Licorne Gulf Co-Founder Alexandre Katrangi shared the beginnings of this pivotal relationship: “We were introduced to Spendwisor during an event organized by the Ministry of Communication and Investment. Their unique approach, bridging the technological prowess of the United States with the strategic business acumen of Qatar, captivated us.”

Since that fortuitous meeting, Licorne Gulf has kept a vigilant eye on Spendwisor’s trajectory. The investment firm recognized the growing interest from users and industries not just within the Gulf region but also across Europe. “Witnessing their strategic alliance with MasterCard and the steps toward acquiring a banking license from Qatar’s central bank were pivotal in our decision to invest,” the spokesperson elaborated.

Licorne Gulf funds startup from Qatar...

Read the full article: https://uaetimes.ae/licorne-gulf-qatar-invests-in-spendwisor/