Risk+ Solutions is a Fintech company founded in 2017 by Jad Doumith and Chadi El Nawar. The company, based in Lebanon, specializes in developing and implementing financial intelligence and risk management IT solutions for banks and financial institutions. With a $1.45MSeed Round investment from Phoenician VC in December 2016, the company aims to provide fully integrated IT solutions covering performance management, balance sheet, and capital optimization, along with comprehensive stress testing tools. Their focus is on enabling clients to comply with regulations and industry best practices while making informed decisions in managing their balance sheets and risk exposures. The company has also secured a strategic position through Phoenician Funds I, a fund regulated by the Central Bank of Lebanon under circular 331, further consolidating their position in the market. With a strong foothold in the Financial Services and Fintech industries, Risk+ Solutions is well-positioned to cater to the evolving needs of the financial sector.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Seed Round | $1.45M | 1 |
|
01 Dec 2016 |
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