Top 20 investors in North Africa and the Middle East that took part in the most funding rounds in Civil Engineering industry over the recent years
07 Sep, 2021
Over the recent years, the Banking industry underwent significant changes, as did almost every field in the modern world. One of such transformations is the rising popularity of online and mobile banking, which opens a competition for numerous startups worldwide. All services traditionally provided in physical banks, such as transaction processing, lending, and crediting, are now implemented fully online. In addition, banking institutions introduce artificial intelligence to perform specific tasks, like assessing the risks, giving investment advice, or helping predict the client’s behavior. Those are only a few cases where state-of-the-art technologies find their place in the Banking industry.
In North America, the US alone is home to four out of the world’s seven largest banks, which explains the vast sums of money invested into this region’s Banking field. The significant $41.1B of late funding, raised over the last two years, accounts for 63% of the total investments received over the mentioned time. The top 20 VCs and corporate investors, placed according to the amount of capital they contributed, are listed on the chart below: