AI-Powered Securitization Set to Transform Finance with TeamSec
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TeamSec, the world’s first AI-powered securitization platform, wants to change the structured finance industry. It offers securitization-as-a-service, making the process easier and more transparent for financial institutions and investors.
Deniz Ventures, the venture capital fund of DenizBank, and Rasmal Ventures, a Qatar-based investment firm, have invested in TeamSec. The funding comes from the Emirates NBD Innovation Fund, which supports new financial technologies.
TeamSec Plans To Expand Across MENA And Improve Its Offerings
The $7.6 million investment will help TeamSec grow its operations and expand in the MENA region. It will also allow the company to add more products and services while making financial processes more open and easier to understand.
According to the update, TeamSec uses data analytics to and AI to make securitization smoother. This technology creates great value for investors and financial companies, making the financial system clearer and more efficient.
The head of the entire wholesale banking group at Emirates NBD, Ahmed Al Qassim, said securitization has great prospect in the area. He further explained that they have taken a great step to shape the Emirates market and enhance its future development by investing in TeamSec.
Investors Believe TeamSec Will Change The Financial Market
One of the partner and co-manager of Rasmal Ventures, Alexander Wiedmer made it clear that the aim of TeamSec’s in transforming securitization in the Middle East and beyond has gained ground. He said the organisation has a dedicated and smart team, and this investment will propel the growth of fintech solutions.
Esad Erkam Köroğlu, founder and Chief Executive Officer of TeamSec, said that the investment from Deniz Ventures and Rasmal Ventures is a big step for the company. He revealed that these well-known investors trust the firm’s vision and technology.
Esad Erkam CEO of TeamSec, also noted that the financing will improve the positioning of the firm as a head in Fintech and Securitization, majorly in the MENA region. He further said one of their objectives is to become a major part and leader in the world securitization market.
According to the update, the investment will allow the company to grow stronger and make securitization easier and more advanced with AI. The company hopes to lead the way in modernising financial services for the future.
TeamSec is a leading Fintech and regtech company that was established in November 2022. The founding leader who happens to be the Chief Executive Officer of the company is Esad Erkam koroglu. The company has been established and known as the first cloud-based securitization even as a service provider.
