Global: Fortis Digital Solutions Secures $20 Million to Drive Retail and Fintech Innovation in MENA

Fortis Digital Solutions, a global fintech and retail tech company, has successfully secured $20 million in Series A funding, with Opportunity Venture (Asia) leading the investment round.

This substantial injection of capital will propel Fortis towards its goal of revolutionizing the retail tech and fintech landscapes across the Middle East and North Africa (MENA) region. Known for its robust solutions that streamline and enhance digital and physical transactions, Fortis aims to set a new standard for SME efficiency in the area.

With over a decade of industry expertise, Fortis equips entrepreneurs with essential tools to manage offline and online transactions effectively, streamline orders, implement personalized loyalty programs, and optimize overall business operations.

The recent expansion of Fortis into the UAE underscores its commitment to enhancing local business ecosystems by fostering stronger connections between merchants and consumers through innovative and user-friendly solutions.

Alberto Caruso, CEO, and Founder of Fortis Digital Solutions, expressed his excitement about the new financial backing, stating, “We are thrilled to have secured this significant investment, which will enable us to accelerate our growth and deliver even greater value to businesses in the MENA region. We are committed to leveraging this funding to develop progressive solutions and provide unparalleled support to our clients as they navigate the rapidly evolving retail and fintech landscape.”

Philip F. Ma, Managing Partner at Opportunity Venture, also commented on the investment, saying, “Leading this funding round aligns perfectly with our vision of investing in transformative enterprises. Fortis’ pioneering strategies in retail and fintech are poised to make significant market impacts.”

This strategic investment marks a crucial moment for Fortis as it expands its presence in the UAE and beyond. The company is positioned to introduce groundbreaking changes to how businesses engage and conduct transactions in the evolving MENA marketplace.