Apex Group Ltd. ("Apex Group" or "The Group"), a global financial services provider, today announces its appointment by Sadu Capital ("Sadu") to provide Fund Administration and AML solutions.
Sadu Capital is a venture capital firm that invests in private technology startups through equity ownership. Sadu's latest fund currently focuses on investing in early-stage startups (pre-seed, seed and Series A) that are based in the Middle East North Africa region ("MENA"). The drive for economic diversification and state-backed initiatives continue to fuel the growth of Middle East's venture capital industry.
Despite a global economic slowdown, recent MAGNiTT data shows that MENA-based startups continued to significant interest from investors in the...
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