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July 2020 Newsletter
News and Updates from Global Ventures!
New Investment
Global Ventures is excited to announce its recent investment in Lean Technologies, a KSA-based FinTech player founded by Hisham Al-Falih! Lean designs and develops infrastructure to provide banks and other financial institutions access to consumers' financial data in a secure and scalable manner.  As a data aggregator, Lean aims to establish direct partnerships with major banks in KSA (as a start) by leveraging its modern API aggregation platform and establishing a reputation of competence through enforcing access controls, routine tests, and encryption standards
Portfolio News
 GCC is moving in the right direction in the Fintech space Technologies.  Co-Founder and CEO Hisham Al-Falih addressed Lean’s role in supporting open banking regulations in the Middle East.
The Search - Global Startups Tour co-hosted by ADGM and Central Bank of UAE.   selected as one of the winners during the pitching battle held at the global startup event in Abu Dhabi.  
  launches AI-powered updates and enhancements for duty allocation in order to create, update, and communicate employee schedules, and make the process as efficient and effective as possible.
Global Ventures in the News
 How one woman is making her mark in HealthTech.  "We believe there is a massive opportunity to work with founders in the HealthTech space and address the healthcare inclusion problem that we're seeing."
 Financial Institutions are Innovating and Collaborating.  "As consumers improve their financial acumen and demonstrate more willingness to take ownership of their financial planning, more sophisticated fintechs have started to emerge."
 Talks: HealthTech"The most interesting thing about AI is how it is helping transform healthcare by personalizing it. It is something we look forward to as it augments healthcare," said Noor Sweid during the talk.
 x Global Ventures Talent Management Workshop.  Operating Partner Said Murad hosted a workshop about acquiring and retaining talent in today's fast-evolving environment. 
Global Ventures' Founders Call Series: Part 13 featured Alan Patricof, Managing Director at  .  Alan discussed venture cycles, the impact of COVID-19, and how companies can build the potential to recover from such cycles
TechWadi: A Conversation with Facebook MENA's Managing Director.  Ramez Shehadi discussed Facebook shops, pivoting business models, and what industry sectors are thriving today, during a fireside chat with Noor. 
Upcoming Event - Join Us!
Join us for ADGM's webinar on Monday, August 3rd at 11AM, where we will be speaking about the region's requirements in terms of VC investments in the startup space, the VC ecosystem, and overall investment strategies.  
Register Here!
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