Saudi Fintech Ebana Raises $2.66 Million to Expand Operations

Ebana, a Saudi financial technology company, has raised $2.66 million in its Pre-Series A funding round. The round was led by Esnad Legal Consultancy and Business Governance.

Founded in 2020, Ebana provides a digital platform designed to streamline corporate governance processes. Its services include managing shareholder registries, board meetings, committees and general assemblies, enabling companies to meet regulatory requirements while enhancing administrative efficiency. The platform offers end-to-end digital solutions, from sending invitations and recording meeting minutes to enabling real-time voting and generating reports.

This funding will help the company expand its services in digital governance and enhance its suite of financial technology solutions. The focus will be on developing tools to manage investor relations and introducing an employee stock ownership program tailored to listed and private companies.