The Falak Angels Network has announced a new pre-seed investment in Blomal, a next-generation financial technology platform. This move reflects Falak’s commitment to strengthening the digital infrastructure of the investment sector in the Kingdom.
Key Highlights
This new investment marks a strategic step for both entities:
- Investor: Falak Angels Network.
- Startup: Blomal Capital.
- Round: Pre-Seed.
- Mission: To provide investors with easy and transparent access to a wide range of private and public financial funds.
A Next-Generation Investment Distribution Platform
Blomal is an innovative investment platform that gives investors access to a wide range of opportunities in both public and private funds. The platform is designed to allow users to explore these diverse financial funds with clarity and ease, democratizing access to high-quality investment solutions.
A Strategic Move to Enhance the Investment Sector
This investment is part of Falak Angels’ broader strategy to empower the local ecosystem. The network stated that this step reflects its commitment to “enabling access to high-quality investment solutions and strengthening the digital infrastructure of the investment sector in the Kingdom.”
Looking Ahead
By backing Blomal, Falak Angels is helping to build the next wave of fintech success stories in Saudi Arabia. The investment will support Blomal’s growth and its mission to make a wide array of investment opportunities more accessible to investors across the region.
Source: Falak Investment Hub
