Fortis, a financial technology (fintech) firm headquartered in Dubai, specializing in retail solutions, has concluded a $20 million Series A funding round led by Opportunity Venture (Asia), a prominent fund based in Hong Kong. The investment aims to accelerate Fortis’s expansion across the Middle East and North Africa (MENA) region, enhancing its customer-centric services and UX/UI design. The allocated funds will also facilitate strategic partnerships with banks, payment systems, and business-to-business (SME) service providers to meet evolving market needs. With plans to strengthen omnichannel capabilities and recruit top talent, Fortis seeks to innovate and reshape the fintech landscape in MENA.
Established in 2023, Fortis has emerged as a trusted partner for SMEs and entrepreneurs, offering streamlined transactions, efficient order management, and tailored loyalty programs. This funding infusion propels Fortis towards its vision of redefining customer engagement and fostering sustainable business growth in the MENA fintech ecosystem.