FinTechInvestment

UK FinTech Vennre has raised £7 million pre-Series A funding to expand in the MENA region.

The wealth creation platform aims to enable HENRYs – High Earners, Not Rich Yet – to access private market opportunities.

The round, a hybrid of equity and debt structure, was co-led by Vision Ventures and anb seed Fund, with participation from Sanabil 500, Ace & Co, Plus VC, and strategic individual investors from the private banking, technology and entrepreneurship ecosystems.

By bypassing traditional gatekeepers, Vennre offers a transparent, Shariah-compliant solution previously available only to institutions and ultra-wealthy participants.

Founded by Ziad Mabsout, Anas Halabi and Abdulrahman AlMalik, Vennre has also appointed Dr Ibrahim AlMojel as chairman of its Saudi board and surpassed $40m in transaction value across its platform.

Raylo agrees LG deal & raises £30m to expand globally

“A generation of ambitious professionals across the region has earned success but has not been given the tools required to compound it,” said Mabsout, CEO and co-founder of Vennre.

“This funding is not just another round – it is a clear endorsement from leading institutions that a large, long-underserved HENRY segment is ready for a better wealth-building experience. 

“We are building for long-term wealth creation, not one-off transactions – starting with curated and vetted private investment opportunities and expanding into a full wealth journey built on discipline, trust, and alignment. 

“This round allows us to raise the bar for what private wealth platforms in the region should deliver.”

Manchester FinTech Powdr teams up with Tameside’s Red Rock